Entrance Fee Deposit definition

Entrance Fee Deposit means the initial deposit payable hereunder as described in Section 1.2 of the Agreement.
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Entrance Fee Deposit means the ten percent (10%) deposit made by the Resident at the time of execution of a Reservation Deposit Agreement.
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Entrance Fee Deposit means the entrance fee deposit made by the Resident upon execution of this Agreement, or otherwise in connection with reserving a Living Accommodation at the Community.
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Examples of Entrance Fee Deposit in a sentence

  • You will pay to us an Entrance Fee of $ for one person and an additional $ _ if there are two of you, for a total Entrance Fee of $ , payable as follows: 4.1 Entrance Fee Deposit.

  • Ten percent of your Admission Payments (minus the Second Person Entrance Fee, if applicable) ($ ) is paid herewith and will be held in escrow pursuant to Connecticut law (the "Entrance Fee Deposit").

  • You paid a $10,000.00 Entrance Fee Deposit prior to the execution of this Agreement.

  • See Section V(b)(1) regarding refund of Resident’s Entrance Fee Deposit upon rescission.

  • Any interest earned on the Entrance Fee Deposit will be retained by Us.

  • Intermodality was seen as light in the darkness, especially because it was so remote in the mind of those who advocated for it that it looked desirable.

  • If the prospective resident accepts the available Independent Living Unit but fails to on a timely basis execute an Application for Residency and pay to Provider the balance of the Entrance Fee Deposit for such Independent Living Unit, the prospective resident will lose the prospective resident’s priority spot on the Wait List.

  • If Member rescinds the Membership & Residency Agreement within 30 days of its execution in accordance with Article I, the Provider shall return to Member or Member’s estate Member’s Entrance Fee Deposit, including interest earned thereon, less any nonstandard costs incurred by the Provider at the request of Member as set forth in Appendix A [of the Membership & Residency Agreement], such amount to be returned within 30 days of receipt of Member’s written rescission request.

  • If the prospective resident accepts the available Independent Living Unit the prospective resident will have three days following acceptance within which to execute an Application for Residency and pay to Provider the balance of the Entrance Fee Deposit (to which the $5,000 refundable wait list deposit will be applied).

  • We have the right to offset against any Entrance Fee Deposit refund and/or Loan repayment, any unpaid Regular Monthly Charges owed by you, any unreimbursed health care expenses we have advanced on your behalf, any amount deferred by us under Section 9.2.3, and any other sums owed by you.

Related to Entrance Fee Deposit

  • Entrance fee means money paid in a lump sum or installments or property transferred pursuant to a continuing care agreement before initiation of continuing care for 1 or more individuals and that confers the right to the continuing care.

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

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

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

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

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

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

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • 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.

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

  • 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.

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Processing Fee means in relation to a Transaction Summary delivered:

  • the Deposit means 10% of the Purchase Price;

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

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

  • Handling Fee means the fee payable per Ticket transaction or order, charged in addition to the Face Value of the Ticket, for the processing and delivery of Tickets in that transaction or order (including United Kingdom value added tax thereon);

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

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

  • 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.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Hire Fee the hire fee specified in Item 13.