The Deposit Holder definition
Examples of The Deposit Holder in a sentence
The Deposit Holder will hold the Deposit until a party becomes entitled to it.
The Deposit Holder is the person, firm or Company who holds the deposit and is a member of a Tenancy Deposit Scheme.
The Deposit Holder is not liable for any loss to any parties in consequence of such investment.
The Deposit Holder is not responsible for any loss on any investment of the Deposit pursuant to the Contract.
The Deposit Holder will calculate accrued interest, provide a statement of accounting and disburse interest to the Beneficial Owner (the Buyer or Tenant in this transaction) provided that the accrued interest is in excess of One Hundred Dollars ($100.00); otherwise the Deposit Holder shall retain all accrued interest.
The Deposit Holder shall hold the Security Amount according to an escrow agreement (the "Security Amount Escrow Agreement") to be made between Seanergy Maritime Holdings Corp.
The Deposit Holder ‘The Deposit Holder’ is mydeposits—one of the organizations authorized to register Deposits under the Housing Act 2004.
The Deposit Holder may rely on and shall be authorized and protected in acting or failing to act in accordance with this Agreement upon the written, facsimile, or electronically delivered instructions that it believes to be genuine, with respect to any matter relating to the Deposit Holder acting as Deposit Holder, of any persons acting or purporting to act on Seller’s or Buyer’s behalf.
The Deposit Holder is hereby authorized and directed to pay the Deposit to the Vendor or the Purchaser, as the case may be, in the circumstances described in this Section 2.02.
The Deposit Holder shall place the Deposit in trust in a non- interest bearing account and no interest shall be earned, received or paid on the Deposit.