Work Deposit definition

Work Deposit means the work deposit furnished pursuant to the call for work bids that led to the sale of this Permit and its issuance to the Permittee, and includes any replacement of that work deposit.
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Work Deposit means a deposit or other form of security furnished to the Government by a bidder or the successful bidder at the sale of a disposition held following a call for work bids. « dépôt relatif à des travaux »
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Work Deposit means the refundable deposit that equals 25% of the Work Expenditure Bid that is payable in the timeframe specified in the Call for Bids.
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Examples of Work Deposit in a sentence

  • Landlord shall pay to Tenant any remaining balance of the Work Deposit for a particular Alteration within ten (10) days after the date that (x) Tenant has Substantially Completed the applicable Alteration, and (y) Tenant has delivered to Landlord waivers of lien from all contractors, subcontractors, materialmen, architects, engineers and other Persons who may file a lien against the Real Property in connection with such Alterations.

  • If any mechanic’s lien is filed against the Real Property for work claimed to have been done for, or for materials claimed to have been furnished to, Tenant (or any Person claiming by, through or under Tenant), then Landlord shall have the right (but not the obligation) to use the Work Deposit to discharge such mechanic’s lien.

  • The balance of the Upfitting Work Deposit, if any, after the completion of the landlord work shall be released by Escrow Agent to Seller upon the joint direction of Seller and Buyer.

  • Pursuant to the Third Amendment, Developer delivered the Well Work Deposit to District, satisfying all obligations of Developer to design, construct, equip, complete and connect Well 34-C, Well 35-C and the Intertie or fund the Well 34- C Work and Well 35-C Work.

  • In the event Tenant or Tenant's Architect either (x) rejects Landlord's Extra Work Submissions, (y) fails to give notice within the three (3) day period, or (z) accepts Landlord's Extra Work Submissions but fails to pay the Extra Work Deposit, then Tenant shall conclusively be deemed to have withdrawn the request for Extra Work.

  • Purchaser shall submit written requests to Seller and Title Company for disbursement of all or portions of the Work Deposit, together with copies of invoices evidencing such costs, for payment of costs incurred in connection with the Work (defined below).

  • Any costs incurred by Purchaser and Seller in connection with this escrow shall be paid by Seller and not be deducted from the Work Deposit.

  • That portion of the Escrow Deposit identified as the sum of Two Hundred One Thousand Five Hundred Thirteen and No/100 Dollars ($201,513.00) is hereby referred to as the "UPFITTING WORK DEPOSIT AND LEASING COMMISSIONS PAYABLE." The Upfitting Work Deposit is applicable to the "landlord work" described by the tenant leases for the collective Starbuck's ($30,000), Dragon Wingz ($97,470), H&R Block ($44,657), Postnet ($6,500), and Squeeze International ($11,200) tenant space.

  • This Licence is accompanied by a Work Deposit in the amount of twenty- five per cent (25%) of the bid submitted.

  • A credit against the Work Deposit will be made on the basis of twenty-five per cent (25%) of allowable expenditures, referred to hereafter, as they are approved.

Related to Work Deposit

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Direct Deposit means an order for electronic transfer of a refund into a taxpayer’s financial institution account.

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Security Deposit means the deposit to be held by the owner as security for the due performance of the contractual obligations.