Utility Deposits definition

Utility Deposits means, with respect to each Property, all deposits made by such Property’s Seller in connection with providing water, sewer, gas, electricity, telephone and other public utilities to such Property.

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Utility Deposits means all deposits made by or on behalf of Seller with the Persons providing water, sewer, gas, electricity, telephone and other utilities to the Real Property.

Utility Deposits means Seller's right, title and interest in and to all deposits delivered by Seller to utilities, governmental agencies, suppliers or others pursuant to an Approved Service Contract or otherwise in connection with the Real Property.

Examples of Utility Deposits in a sentence

• Seller shall retain the right to obtain a refund of any Utility Deposits which are not required to be assigned to Purchaser, and Purchaser will cooperate with Seller as reasonably requested in obtaining any refund.

• Each Property’s Seller shall receive a credit at Closing for the Utility Deposits, if any, that are transferred or made available to Purchaser and that are held by applicable utility companies for the account of such Seller in respect of services provided to such Seller’s Property or Properties.

• Utility Deposits, plus any interest on the Utility Deposits to which Seller is or will be entitled that are held by the provider of the utilities and which are freely transferable to Purchaser, shall at the election of Seller be assigned by Seller to Purchaser and Purchaser shall pay Seller the full amount thereof at Closing.

• All such liabilities and obligations owed, and any Utility Deposits, receivables or other amounts due and owing, in connection with the Property shall remain the obligations, liabilities and receivables of Seller for the period prior to Closing and shall constitute the obligations, liabilities and receivables of Tenant for the period following Closing, subject in all respects to the terms of the Lease.

• Seller shall retain the right to obtain a refund of any Utility Deposits which are not required to be assigned to Purchaser and Purchaser will cooperate with Seller in obtaining any refund.

More Definitions of Utility Deposits

Utility Deposits means deposits with utilities made by Debtor after the

Utility Deposits shall have the meaning set forth in Section 6.8.

Utility Deposits shall have the meaning set forth in Section 5.8.

Utility Deposits means deposits with utilities made by the Debtor after the Petition Date pursuant to section 366(b) of the Bankruptcy Code.

Utility Deposits has the meaning set forth in Section 8.4(g).

Utility Deposits. All deposits made by Seller in connection with providing water, sewer, gas, electricity, telephone and other public utilities to the Real Property.

Utility Deposits means (a) all deposits (whether maintained in escrow or otherwise) or other security provided in favor of a utility as adequate assurance of payment pursuant to section 366 of the United States Bankruptcy Code and (b) any other deposits made by or on behalf of seller with persons providing water, sewer, gas, electricity, telephone, and other utilities.