Performance Deposit definition

Performance Deposit has the meaning set forth in Section 2.4.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Performance Deposit means the deposits referred to in Section 6.8;

Performance Deposit is defined in Section 2.3(a).

Examples of Performance Deposit in a sentence

In the event Buyer elects to terminate this Agreement as set forth above, Seller shall immediately return the Performance Deposit to Buyer.
Within thirty (30) days after all calculations have been made and approved by both parties, and final accounting inspections have been completed by STATE and applicable regulatory agencies, the party indebted to the other must pay the outstanding balance owed to the other party, at which time any remaining Performance Deposit shall be released or refunded.
In the event of such termination, Seller shall return the Performance Deposit to Buyer, without interest, within five (5) days of receipt of the notice of termination and neither party shall have any further obligation or liability hereunder.
In the event this Agreement is terminated, the Performance Deposit plus any interest earned thereon shall be applied in accordance with the provisions of Article X.
The existence or amount of the Performance Deposit shall not limit Permittee’s liability or the Port’s rights in the event Permittee fails to make any payments to Port required by this Permit or to comply with any of Permittee’s other obligations under this Permit.

Performance Deposit shall be as defined in Section 3.2.

Performance Deposit has the meaning set forth in Section 3.1(b).

Performance Deposit shall be as defined in Article 3.2.

Performance Deposit means cash, money order, check, or surety bond in the amount set forth in CVMC 8.25.095(B)(3).

Performance Deposit means the security referred to in section 17.05;

Performance Deposit shall be as defined in Section 2.2.

Performance Deposit shall have the meaning set forth in Section 2(b).