Funds Deposit without diminution or restriction because of the insolvency of either the Company or the Reinsurer for one or more of the following purposes set forth below.
Funds Deposit. Upon the execution of this Agreement, the Applicant agrees to deposit with the Town the sum of $ to be used to pay the Town’s expenses to review, evaluate and process the Application (“Deposit”), which funds may be used to pay the cost of third-party consultants. If the Deposit is depleted, or nearing depletion, prior to the completion of the work, the Town may request, and the Applicant shall thereafter promptly deposit, additional monies with the Town in an amount required by the Town. In the event the Applicant fails to pay the additional monies within ten (10) days of the Town’s request, the Town may suspend all further review and cancel any scheduled public hearings.
Funds Deposit. Xxxxxxxxx agrees that any funds remitted to City under this Agreement may be comingled by the City with other funds deposited by the City from other sources. Further, any funds remitted by the District will gain no interest, and the City shall determine where said funds are to be deposited.
Funds Deposit. Accounts Receivable collected by PASI pursuant to this Agreement shall be deposited into the account specified in accordance with Section 2.6 hereof within one (1) business day of the receipt of such amounts. QHCCS agrees to provide PASI on a daily basis records of all payments received and/or adjustments made by QHCCS on Accounts Receivable referred to PASI.
Funds Deposit. Applicant agrees to deposit with the Town the sum of $2,500.00/10,000.00/$20,000.00 (check with Town) to be used to pay the costs provided for in paragraph 1 above as they become due, in accordance with the Funds Deposit Agreement attached hereto and incorporated herein as Exhibit B. If the deposit is depleted prior to the completion of the review, Applicant shall promptly deposit additional monies with the Town in a mutually agreeable amount. The parties understand and agree that if such additional monies are not deposited, suspension or termination of work on the request may result until such time as the additional monies are deposited. Additionally, if a negative balance exists at any time and additional funds are not deposited within fifteen (15) days after written notice from the Town, then such balance shall bear interest at the rate of one and one-half percent (1½%) per month. In addition, the Town may file a lien against Applicant’s property for any unpaid balance. If at any time negotiations on the request terminate, then any monies deposited by Applicant and remaining after payment of the costs incurred by Johnstown shall be refunded to Applicant.
Funds Deposit. At the time of execution of this Agreement, Landowner agrees to deposit with the Town the sum of $ , which is equal to the estimated costs shown in Exhibit A for the land use request of Landowner. This deposit, and any additional amounts deposited with the Town pursuant to this Agreement, shall be held by the Town to guarantee the payment of expenses incurred by the Town for review of the development proposals, and shall include, but not be limited to expenses detailed in item 1 above in accordance with the Funds Deposit Agreement attached hereto and incorporated herein as Exhibit B. The parties understand and agree that the amount deposited with the Town is an estimate of costs only, and that Landowner shall promptly pay the costs provided for in Paragraph 1 as they are billed to the Landowner by the Town. If invoices are not paid when due, suspension or termination of work on the request may result until such time as invoices are paid to date. Additional funds shall be deposited as necessary to cover outstanding balances prior to the recoding of any approved final documents. If at any time negotiations on the request terminate, the Town will, sixty (60) days after termination, completion or withdrawal of any land use application, and by giving written notice to the Town of such termination, completion or withdrawal, the Town shall release the deposit to the depositor, minus any expenses, costs or invoice amounts which remain due to the Town.
Funds Deposit. 5.1 Manager has to apply for depositing Manager’s PAMM Account in his Personal Profile on the official web-site of the Company. Minimum initial deposit amount necessary in order to create a PAMM Account is 500 USD.
Funds Deposit. Applicant agrees to deposit with the City the sum of $ , to be used to pay the costs provided for in paragraph 1 above as they become due, in accordance with the Funds Deposit Agreement attached hereto and incorporated herein as Exhibit A. If the deposit is depleted prior to the completion of the review, Applicant shall promptly deposit additional monies with the City in a mutually agreeable amount. The parties understand and agree that if such additional monies are not deposited, suspension or termination of work on the request may result until such time as the additional monies are deposited. If at any time negotiations on the request terminate, then any monies deposited by Applicant and remaining after payment of the costs incurred by Dacono shall be refunded to Applicant.
Funds Deposit. 10.1 A Master has to to deposit a sum of money which is equal or higher than the Minimum Deposit Amount. This sum will be reflected in the Master's Capital Account. This account will be opened automatically after completed registration of the PAMM Master Account.
Funds Deposit. At the time of execution of this Agreement, Developer agrees to deposit with Town the sum of $ , which is equal to the estimated costs shown in Exhibit B for the land use request of Developer. This deposit, and any additional amounts deposited with Town pursuant to this Agreement, shall be used to pay the costs provided for in paragraph 1 above as they become due, in accordance with the Funds Deposit Agreement attached hereto and incorporated herein as Exhibit C. When the deposit is eighty-five (85%) depleted prior to the completion of the review, Developer shall promptly deposit additional monies with Town in a mutually agreeable amount. The parties understand and agree that the amount deposited with Town is an estimate of costs only, and that Developer shall promptly pay the costs provided for in Paragraph 1 through the initial deposit and additional deposits, if necessary. If such additional monies are not deposited when necessary, suspension or termination of work on the request may result until such time as the additional monies are deposited. Additional funds shall be deposited as necessary to cover outstanding balances prior to the recording of any approved final documents. Additionally, if a negative balance exists at any time and additional funds are not deposited within 30 days after written notice from Town, then the Town may certify to the County Treasurer any amount due pursuant to this paragraph as a lien on the Property for which the application is submitted to be due and payable with the real estate taxes for the Town. If at any time negotiations on the request terminate, or if upon conclusion of the review, evaluation and processing, any funds remain after payment of the actual costs and administrative expenses incurred by the Town, then any such monies deposited by Developer and remaining shall be refunded to Developer. Developer agrees to pay costs incurred by the Town, regardless of completion of the Developer’s project, regardless of approval of the Developer’s project, and/or regardless of whether the Town’s land review process as a whole is completed, for all Consultants’ Costs incurred by the Town which are incurred as a result of, or which are otherwise related to, Developer’s land use submission and its subsequent review.
