Conditions of the Deposit Clause Examples

Conditions of the Deposit. Regardless of the terms on which moneys are credited to the Account, the Client shall be entitled to repayment of the Deposit if and only if: (i) there is no outstanding Transaction under which Liabilities could arise; (ii) the Liabilities have been paid and discharged in full; and (iii) GTJAFX remains under no further obligation to pay or repay any money (apart from the repayment of the Deposit) to the Client, and until that time the Client shall not request, demand or claim to be entitled to withdraw the Deposit except (without prejudice to GTJAFX's rights under the Agreement) as GTJAFX may in its absolute discretion from time to time permit.
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Conditions of the Deposit. The Landlord may ask for a deposit. This gives them the guarantee that the Tenant will fulfil the obligations of the lease contract. Does the Tenant fulfil all the duties of the lease? Then they get the deposit plus the interest back at the end of the contract. Is there any damage to the property? Does the Tenant still have to pay rent? Then the Landlord can deduct the cost or deficit from the deposit. The bank may only repay the deposit: if the Tenant and the Landlord sign an agreement at the end of the lease, or if a judge so decides From one year after the end of the contract, the Landlord can no longer ask for the deposit back. The deposit is a maximum of three months' rent, not including expenses. The rental deposit is .........,... euro. That is equal to ...... month's rent. The Tenant pays the agreed amount into a separate, blocked bank account. The account is in the name of the Tenant. The interest on this account is for the Tenant. De bank vult een modelformulier10 in, met het bedrag van waarborg. Dat is het bewijs dat de waarborg in orde is. De huurder geeft een kopie van dit formulier aan de verhuurder. De verhuurder ondertekent het formulier bij de bank. Please note! Did the Landlord get the deposit in hand (cash?) or paid to their bank account? Then they must pay the Tenant interest (at the average rate of the banks) from the moment they received the deposit. For the Tenant, this deposit, which is not placed in a blocked account, plus the interest, is considered as paid rent. Can the Tenant not pay the deposit? They can then ask the OCMW come to an arrangement with the bank. OCMW vraagt bij de bank een modelformulier, dat toont dat de waarborg in orde is. De bank vult een modelformulier11 in, met het bedrag van waarborg. Dat is het bewijs dat de waarborg in orde is. De huurder geeft een kopie van dit formulier aan de verhuurder. De bank staat borg bij de verhuurder. Kan de huurder de waarborg niet betalen? ▇▇▇ betaalt de bank die voorlopig. De huurder moet die waarborg later terugbetalen aan de bank. A natural person, or a company or an organisation, stands surety for the tenant. If the Tenant cannot pay the deposit, the guarantor will pay it in their place. De verhuurder moet akkoord gaan. De waarborg is maximaal drie maanden huur. Deze borgstelling geldt voor de hele duur van het huurcontract. Ook als het contract verlengd wordt. Dit zijn de gegevens van de borgsteller: naam: ………………………………………………………………………………… adres?: ……………………………………………………………………...
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Related to Conditions of the Deposit

  • Conditions to Obligations of the Buyer The obligation of the Buyer to -------------------------------------- consummate the transactions contemplated by this Agreement is subject to the satisfaction, or waiver by the Buyer, of the following conditions on or prior to the Closing: (a) the Company shall have obtained all of the waivers, permits, consents, approvals or other authorizations, and effected all of the registrations, filings and notices, as may be required by or with respect to the Company in connection with the transactions contemplated by this Agreement, including, without limitation, those referred to in CLAUSE 2.30 of the Disclosure Schedule; (b) the representations and warranties of the Stockholder set forth in Clause SECOND and Clause THIRD hereof shall be true and correct; (c) no action, suit or proceeding shall be pending or threatened by or before any Governmental Entity wherein an unfavorable judgment, order, decree, stipulation or injunction would (i) prevent consummation of any of the transactions contemplated by this Agreement, (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation or (iii) affect adversely the right of the Buyer to own, operate or control any of the assets or operations of the Company, and no such judgment, order, decree, stipulation or injunction shall be in effect; (d) the Stockholder shall have delivered to the Buyer the stock certificates representing the Shares, in each case duly endorsed or with duly executed stock powers attached; (e) the Company shall have delivered a certificate, executed by the Secretary of the Company, attaching and certifying as to: (i) the charter documents (estatutos sociales) of the Company and (ii) the resolutions of the Board of Directors of the Company required to authorize this Agreement. (f) to the extent reasonably available in the applicable jurisdiction, the Company shall have delivered certificates of appropriate governmental officials in each jurisdiction in which the Company or the Stockholder is incorporated, resident or required to qualify to do business as a foreign corporation, as to the due qualification (including tax) of the Company or Stockholder, as the case may be, in each such jurisdiction; (g) the Buyer shall have received from Mexican counsel to the Stockholder an opinion as to the matters described in Exhibit 5.1. g) hereto, dated as of the Closing Date; (h) the Company shall have delivered the original corporate minute books of the Company; (i) the signatories to each of the bank accounts of the Company shall have been changed as per the Buyer's instructions; (j) the Buyer or its designee shall have entered into an Employee Agreement with ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇; (k) the Stockholder shall have delivered to the Buyer a certificate (in each case without regard to any qualification as to knowledge or materiality set forth in any representation or warranty) to the effect that each of the conditions specified in clauses (a), (b), (c), and (d), of this Clause 5.1 has been satisfied in all respects; and (l) the Stockholder shall have delivered to the Buyer a certificate that establishes the share distribution of the Company, and indicating that no other person other than the Stockholder owns or has any right upon the Shares.

  • Conditions to Obligations of the Purchaser The obligations of the Purchaser to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or written waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligations of the Seller The obligations of the Seller to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or written waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligations of the Sellers The obligations of the Sellers to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or written waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions to Obligations of the Company The obligation of the Company to effect the Merger is also subject to the satisfaction or waiver by the Company at or prior to the Effective Time of the following conditions: