Third Deposit definition

Third Deposit shall have the meaning set forth in Section 1(b).
Third Deposit has the meaning ascribed thereto in Section 2.2(c); and
Third Deposit has the meaning ascribed to it in Schedule 2.

Examples of Third Deposit in a sentence

  • This Third Deposit shall be released by the Escrow Agent to the Seller immediately upon receipt by the Escrow Agent and at the instruction of the Seller.

  • The amount of interest calculated under this Section E.5 shall begin to accrue (i) as to the Initial Deposit, on the date this Purchase Agreement is executed by Seller and upon expiration of any rescission period or deemed waiver thereof, and upon ▇▇▇▇▇▇’s deposit of the same into an interest bearing account; and (ii) as to the Second Deposit and the Third Deposit, on the date Escrow deposits the same into an interest bearing account.

  • Buyer shall have the right to extend the Closing Date for a period of up to thirty (30) days ("Extended Closing Date"), by serving written notice thereof upon Seller on or before ten (10) days prior to the Closing Date and simultaneously therewith delivering to the Escrow Agent, as hereinafter defined, the Third Deposit required by Paragraph 2(a)(ii).

  • The Initial Deposit, the Second Deposit and the Third Deposit shall be collectively referred to as the Deposit.

  • Purchaser’s failure to pay the Initial ▇▇▇▇▇▇▇ Money or the Second Deposit or the Third Deposit on the applicable date shall constitute a material default by Purchaser under Section 14 below.


More Definitions of Third Deposit

Third Deposit means an additional deposit consisting of a cash payment in the amount of Twenty Million Dollars ($20,000,000.00).
Third Deposit the deposit paid to the Third Vendor under Clause 3.2(c);
Third Deposit shall have the meaning assigned to such term in Section 2.4(c) of this Agreement.
Third Deposit. The fixed deposit is 200 euros for stay of four weeks or longer, 60 euros if it is from two to three weeks and 30 euro if it is one week long. The deposit must be paid the first or second day of the arrival to the accommodation. Every payment made to Accommadrid must be done in euros and cash. In case of breach of contract, the Accommadrid Agency will reserve the right of being able to provide accommodation to another person. The deposit is kept as guarantee of the exact fulfilment of the terms of this contract and it will be given back in case these requirements are made or carried out:
Third Deposit means the sum of Five Million and No/100 Dollars ($5,000,000.00), to the extent the same is deposited by Buyer in accordance with the terms of Section 3.1 hereof, together with any interest earned thereon.
Third Deposit. ’ means the sum of HK$5,000,000 paid by the Purchaser to
Third Deposit means the sum of US$13.0 million;