Entry Payment definition
Examples of Entry Payment in a sentence
This will be with a new resident who we consider suitable as a resident of the Village, and with an Entry Payment and Village Contribution that are consistent with the proportions generally adopted by us at that time for marketing of Residential Units in the Village.
Bank may without notice refuse to honor any Communication, Entry, Payment Order, transfer, withdrawal of funds, or Service if such order would create an overdraft or use of uncollected funds, notwithstanding that Bank may have previously allowed overdrafts or use of uncollected funds.
The Deferred Management Fee shall accrue on a daily basis at a rate equal to 7.5% of the Entry Payment per year, up to a maximum amount equal to 30% of the Entry Payment.
If you fail to pay the Entry Payment on the Commencement Date or such other date that you and we agree, or if you fail to make any other such payment for 5 Working Days after the payment is due, you must pay default interest at the Default Interest Rate on the payment, from the due date until the day we receive payment.
Your Entry Payment is a payment made by you on entering this Agreement and in exchange for the right to receive the Exit Payment as set out in this clause 3.4 and clause 69.
On or before the Occupation Date you must pay us your Entry Payment.
This will be with a new resident who we consider suitable as a resident of the Village, and with an Entry Payment and Village Contribution that is consistent with the proportions generally adopted by us at that time for marketing of Residential Units in the Village.
In addition to the Entry Payment and Village Contribution, you will also make the following payments during the term of this Occupation Right: Your Village Service Charge is: Your Village Service Charge is payable on: Your Village Service Charge is calculated by: Your Village Service Charge ceases to be payable on: The first day of each month in advance.
If we agree to accept the surrender, we may in our discretion agree to refund to you a reasonable portion of your Entry Payment which we in our discretion consider relates to the Carpark(s).
If we agree to accept the surrender, we will refund to you such part of your Entry Payment (if any) which relates to the garage or carpark(s) in accordance with clause 3.4.