Final Deposit definition

Final Deposit shall have the meaning set forth in Section 2.2.
Final Deposit. As defined in Section 3.2(a).
Final Deposit. As defined in Section 3.3(a).

Examples of Final Deposit in a sentence

  • Upon receipt of each of the Initial Deposit and the Final Deposit, the Escrow Agent shall immediately deposit such Deposit into an interest-bearing account.

  • In either case the Vendor may recover from the Purchaser as a liquidated debt the Final Deposit or any part of it which has not been paid by the Purchaser.

  • The funds representing the Final Deposit shall also be deposited in the joint order escrow and shall be governed thereby.

  • As used in this Agreement, the term “Deposit” means, collectively, the Initial Deposit, the Pre-Construction Deposit, the Final Deposit, and any other deposits paid by Buyer toward the Purchase Price pursuant to this Agreement.

  • Upon delivery of the Final Deposit, Escrow Holder shall immediately release the Final Deposit to Seller.


More Definitions of Final Deposit

Final Deposit means the sum of One Hundred Thousand Dollars ($100,000.00) delivered to Escrow Holder pursuant to Section 4.5.
Final Deposit means the second half and final deposit of $550.00 (including GST) payable to secure your booking following provision of your Flights and airfare confirmation to the satisfaction of the Company.
Final Deposit shall have the meaning set forth in the Covanta Agreement.
Final Deposit is defined in Schedule 1 to the Lease.
Final Deposit. 2 "GAAP" 2 "Initial Deposit" 3 "Intangibles" 3 "Licenses" 3 "Material Adverse Effect" 3 "Non-FCC Licenses" 3 "Permitted Liens" 3 "Purchase Price" 3 "Real Property" 3 "Tangible Personal Property" 3
Final Deposit has the meaning set forth in Section 9.4.
Final Deposit means the sum of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00). Buyer shall deposit the Initial Deposit with Title Insurer within three (3) business days after the execution and delivery of this Agreement by the parties hereto. If Buyer does not terminate this Agreement during the Due Diligence Period as provided herein, then Buyer shall deposit the Additional Deposit with Title Insurer within three (3) business days after the expiration of the Due Diligence Period. If Buyer exercises its right pursuant to Section 10 to extend the Closing Date, then Buyer shall deposit the Final Deposit with Title Insurer as provided by Section 10. The ▇▇▇▇▇▇▇ Money shall be deposited by Buyer in escrow with Title Insurer, to be applied as part payment of the Purchase Price at the time the sale is closed, or disbursed as agreed upon in accordance with the terms of this Agreement. Upon the expiration of the Due Diligence Period, and provided that Buyer has not terminated this Agreement, Title Insurer shall release and pay the Initial Deposit to Seller (following receipt from Seller of a written request for payment of same together with wire transfer instructions for such payment) and the Initial Deposit shall become nonrefundable to Buyer, except that Seller shall refund the Initial Deposit to Buyer if this Agreement is terminated (i) pursuant to Section 9(b) following a default by Seller, (ii) pursuant to Section 13 following the failure of a condition precedent to Buyer’s obligations hereunder, or (iii) pursuant to any other Section of this Agreement, except where such termination is pursuant to Section 9(a) following a default by Buyer. Such payment of the Initial Deposit shall be deemed applied as part payment of the Purchase Price. Additionally, following payment of the Additional Deposit and the expiration of the Due Diligence Period, the Additional Deposit shall be held by Title Insurer as provided herein and shall be nonrefundable to Buyer, except that Title Insurer shall refund the Additional Deposit to Buyer if this Agreement is terminated (i) pursuant to Section 9(b) following a default by Seller, (ii) pursuant to Section 13 following the failure of a condition precedent to Buyer’s obligations hereunder, or (iii) pursuant to any other Section of this Agreement, except where such termination is pursuant to Section 9(a) following a default by Buyer. Seller and Buyer each shall pay one-half of all escrow fees charged by the Title Insurer.