Prepaid Deposits definition

Prepaid Deposits has the meaning ascribed to it in Section 1.05(f).
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Prepaid Deposits shall have the meaning set forth in Section 2.1(c).
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Prepaid Deposits means advances to vendors, pre-paid advertising and tradeshow deposits which are scheduled to appear after the Closing Date, rent deposits, utility deposits and Fall 2002 Pre-Closing Expenses as defined in Section 6.2(a) and premiums under the Health Plan for the month of January 2002; provided if the Closing occurs prior to January 5, 2002 Purchaser shall reimburse Seller for the full premium paid for January 2002 for the Health Plan.
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Examples of Prepaid Deposits in a sentence

  • All rights of Issuer in and to the Collateral (described more particularly herein as the Rigs, Contracts, Equipment, Rolling Stock, Additional Tangible Assets, Accounts and Notes Receivable, Insurance Benefits, Prepaid Deposits and Expenses, Claims and Warranties, Permits, Intangible Assets, Books and Records of Issuer, Other Assets, and Causes of Action (all as defined herein) now owned or hereafter acquired, subject only to Permitted Encumbrances.

  • Purchaser shall pay to Seller on the Closing Date the aggregate amount of all items shown on the Deposit Certificate and the Prepaid Deposits reflected on the Deposit Certificate shall be included in the Assets.

  • Any such Prepaid Deposits shall be paid over to Buyer as a credit to Buyer and shall be included in the Operations Settlement.

  • In addition to the Base Purchase Price and True-Up Payment, if earned, upon the terms and subject to the conditions set forth in this Agreement, in consideration for the Purchased Inventory, Buyer will pay Seller an amount equal to the Designated Inventory Value of all units of Purchased Inventory that are Good and Saleable as of the Closing and will reimburse Seller for any Prepaid Deposits (together, the “Inventory Payment”).

  • Buyer shall have paid to Seller by wire transfer of immediately available funds an amount equal the Purchase Price less the sum of the Escrow Funds, the Prepaid Deposits and the Additional Capital Requirements.

  • All Prepaid Deposits relating to any Open Purchase Orders have been paid in full.

  • In addition, at the Closing, Buyer shall pay to Seller an amount equal to (i) the amount of cash (other than cash delivered to the Limited Partner under Section 5.2(c)(ii)(5)) as of the Closing held by lenders under the Assumed Debt in respect of escrow deposits, reserves, minimum balances or other retentions (including the Accounts) and (ii) the amount of Approved Prepaid Expenses paid by Seller prior to the Closing minus (iii) the amount of the Prepaid Deposits as of the Closing Date.

  • Buyer shall have paid to Seller by wire transfer of immediately available funds an amount equal the Purchase Price less the sum of the Escrow Funds and the Prepaid Deposits.


More Definitions of Prepaid Deposits

Prepaid Deposits means all proceeds from the sale of season passes, any other pre-sold tickets and any sponsorship or promotional payments received, in each case, with respect to the 2001 season of the Park or any subsequent season thereof.
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