Developer Deposit definition

Developer Deposit means the $2,500,000 good faith deposit to be provided by Developer pursuant to Section 2.2, to be released to County and either credited against the Purchase Price at the Closing or refunded in full or in part to Developer as provided in Section 5.3 in the event of termination of this Agreement prior to Closing.
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Developer Deposit means Five Hundred Dollars ($500.00), or the purchase price of the Property, as further described in Article 4.
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Developer Deposit means the payment made by Developer as specified in Section
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Examples of Developer Deposit in a sentence

  • The Developer Deposit includes the amount of One Hundred Dollars ($100.00) as independent consideration for County’s performance under this Agreement (the “Independent Consideration”), which shall be retained by County in all instances.

  • Escrow Agent shall immediately thereafter transfer the Developer Deposit to County in accordance with wiring instructions provided by County to Escrow Agent.

  • Simple interest on the Developer Refund shall accrue at the prime rate in effect on the date the Developer Deposit was delivered into Escrow, as published in the Wall Street Journal, until the Developer Refund is repaid in full.

  • In connection with the Closing, Developer shall have delivered through Escrow the Purchase Price, less the Developer Deposit (minus the Independent Consideration), and such other funds, including Escrow costs, recording fees and other Closing costs, as are necessary to comply with Developer’s obligations under this Agreement.

  • Neither Party shall have the right to recover any actual, consequential, special or punitive damages in the event of a Default by the other Party; the foregoing notwithstanding, in the event of a County Default related to failure to repay the Developer Deposit or Developer Refund as provided by Section 5.3 below, Developer shall be entitled to recover actual damages in an amount not to exceed the Developer Deposit or Developer Refund, as applicable, that remains outstanding.

  • Developer Deposit balances/usage is only available from within CityView, not from within Pentamation.

  • Upon receipt, the County may use the Developer Deposit for any purpose that is in furtherance of the Project, as reasonably determined by County, including paying expenses of master planning County’s government building complex and negotiating and drafting of agreements with City of Santa Rosa related to the Project.

  • Docket No. EO08070471 - In the Matter of the Edison Innovation Commission on Science and Technology Clean Energy Fund Solicitation - Award Recommendation.F. Docket No. EO09050400 - In the Matter of the New Jersey Green Jobs Training Grant Solicitation - Consideration of Evaluation Committee Recommendation.

  • If for any reason the Welcome Center should no longer be funded or desired in the future, the HMD Developer Deposit Fund may be used to cover the cost of removal.

  • Projects that include public infrastructure shall be required to provide a Construction Management Developer Deposit to cover any of the following applicable public infrastructure inspection costs: as-built and easement preparation and inspection services for roadway, water system, sanitary system, storm system and all associated apparatus.Regulations regarding the construction management developer deposit are set forth in Municipal Code Chapter 275, Developer Deposit Fees, §275-20.C(2).


More Definitions of Developer Deposit

Developer Deposit means Ten Thousand Dollar ($10,000) advanced by Developer to the Authority, such deposit to be delivered directly to the Authority within fifteen (15) days of the Effective Date. The Developer Deposit shall be nonrefundable except as set forth in Section 301.2, in which event the deposit is subject to refunding. The Developer Deposit shall be applied to the applicable Base Purchase Price of the first Phase.
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Developer Deposit shall have the meaning set forth in Section 3.8 of this Agreement.
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Developer Deposit means the sum of Developer First Deposit and Developer Second Deposit in the total amount of Three Million Five Hundred Thousand Dollars ($3,500,000). the Developer Deposit shall be nonrefundable but applicable toward payment of the Base Purchase Price as more fully set forth in Section 301.2 of this Agreement.
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Developer Deposit means the Developer Initial Deposit and the Developer Final Deposit.
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Related to Developer Deposit

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Bid Deposit means a financial guarantee to ensure the successful bidder will enter into an agreement.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Disbursements of Loan Proceeds Subsequent to Loan Closing/Origination Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class A( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class A( - ) Adverse Event, the Nominal Liquidation Amount of the Class A( - ) Notes, and (iii) in all other circumstances, zero.

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

  • Initial Reserve Account Deposit means $3,000,000.

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50, and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Savings deposit means a form of demand deposit which is subject to restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period.