Signing Deposit definition

Signing Deposit means Two Hundred Fourteen Thousand Four Hundred Forty Dollars ($214,440) of the Four Hundred Thousand Dollars ($400,000) to be deposited by Purchaser with the Escrow Agent on the date hereof.
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Signing Deposit shall have the meaning set forth in Section 2.5.
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Signing Deposit means $7,000,000.
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Examples of Signing Deposit in a sentence

  • Contemporaneously with the execution of this Agreement, Purchaser has delivered to the Escrow Agent the Signing Deposit and Seller has delivered to the Escrow Agent the Binder (collectively, the "Escrow Deposit") to be held by the Escrow Agent pursuant to the Escrow Agreement.

  • Tiến độ giải ngân/Disbursement progress Tiến độ / ProgressKhách hàng giải ngân/Ngân hàng giải ngân/ Disbursement of bankDisbursement of clientsKý Thỏa thuận đăt cọc “TTĐC”50.000.000 VNĐ/ căn Signing Deposit Agreement50,000,000 VND/ apartmentLần 1: Ngay khi ký Hợp đồng mua bán (HĐMB): Trong vòng7 ngày kể từ ngày ký TTĐC15% giá bán căn hộ (gồm thuế VAT) (bao gồm tiền TTĐC (nếu có)) 1st installment: Upon signing Contract.

  • On or prior to the date that is the third (3rd) Business Day following the date of the due execution and delivery of this Agreement, the Purchaser will deposit US$6,316,896 (the “Signing Deposit” and the Aggregate Purchase Price less the Signing Deposit, the “Balance Purchase Price”) by wire transfer of immediately available funds into the account designed by the Seller in accordance with the wire instructions set forth on the Seller’s signature page hereto.

  • The Signing Deposit and the Additional Deposit are herein collectively referred to as the "Deposit." The Deposit shall be secured as provided in Section 1.08 hereof.

  • If this Agreement is terminated prior to the Closing in accordance with Article XII, then the provisions of Section 12.2 shall apply and the Buyer and the Seller shall instruct the Escrow Agent to release the Signing Deposit (together with any interest earned thereon) in accordance therewith.

  • In such event, to the extent that the amount of the Signing Deposit exceeds the amounts that may be set off against it pursuant to the previous sentence (the “Set-Off Amounts”), then within five Business Days after the date that is 180 days after the date of such termination the Sellers shall refund to the Buyer an amount equal to the difference between the Signing Deposit and the Set-Off Amounts.

  • Upon the execution of this Agreement, the Buyer shall deposit the sum of Three Million Five Hundred Thousand and 00/100 Dollars ($3,500,000.00) with the Seller (the "Signing Deposit").

  • Notwithstanding the foregoing, for the avoidance of doubt, the Buyer and the Seller acknowledge and agree that the funding of the Signing Deposit is not a condition to the Closing and the Buyer shall remain obligated, subject only to the satisfaction or waiver of the conditions set forth in Article IX of this Agreement, to consummate the Contemplated Transactions.

  • Tiến độ giải ngân/Disbursement progress Tiến độ / ProgressKhách hàng giải ngân/Ngân hàng giải ngân/ Disbursementof bankDisbursement of clientsKý Thỏa thuận đăt cọc “TTĐC”50.000.000 VNĐ/ căn Signing Deposit Agreement50,000,000 VND/ apartmentLần 1: Ngay khi ký Hợp đồng mua bán (HĐMB): Trong vòng15 ngày kể từ ngày ký TTĐC15% giá bán căn hộ (gồm thuế VAT) (bao gồm tiền TTĐC (nếu có)) 1st installment: Upon signing Contract.

  • If the amount of the Signing Deposit is not sufficient to cover the amounts otherwise due pursuant to the Inter-Party Agreements and the Three-Party Agreement for the period from and including January 1, 2005 through the date of such termination, the Medtronic Parties and their Affiliates may pay the difference at any time within five Business Days of such termination notwithstanding anything in the Inter-Party Agreements or the Three-Party Agreement that would require earlier payment.


More Definitions of Signing Deposit

Signing Deposit is defined in Section 3.1 (Signing Deposit).
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Signing Deposit means an amount of $10,000,000.
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Signing Deposit has the meaning given to it in SECTION 3.1.
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Signing Deposit has the meaning set forth in Section 1.5(b).
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Signing Deposit has the meaning set forth in Section 2.9 of this Agreement.
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Related to Signing Deposit

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

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

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

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Spread Account Initial Deposit means an amount equal to 2.0% of the aggregate Principal Balance of the Receivables on the Cutoff Date (which is equal to $21,505,439.97).

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50, and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Initial Reserve Account Deposit Amount means an amount equal to $1,554,404.20.

  • Initial Reserve Account Deposit means $3,000,000.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Controlled Deposit Amount means, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,653,198.45.

  • 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.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

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

  • Required Reserve Fund Deposit With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Aggregate Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date; provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of Offered Certificates, the Class B1 Certificates and the Class B2 Certificates has been reduced to zero, the Required Reserve Fund Deposit shall be zero.

  • Certificate of deposit means an instrument containing an acknowledgment by a bank that a sum of money has been received by the bank and a promise by the bank to repay the sum of money. A certificate of deposit is a note of the bank.