Deposit is Required Sample Clauses

The 'Deposit is Required' clause mandates that a party must provide a specified sum of money upfront as a condition for entering into an agreement or commencing a transaction. Typically, this deposit serves as security for the performance of contractual obligations, such as reserving a rental property or securing goods or services. By requiring a deposit, the clause helps ensure the commitment of the parties involved and protects the recipient against potential losses if the other party fails to fulfill their obligations.
Deposit is Required. The Buyer shall remit to the Seller, together with this Letter of Intent, payment in the amount of ______________________ Dollars ($______________________) (“Deposit”). The Deposit shall be accepted by the Seller as: (check one) ☐ Refundable under the following terms: __________________________
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Deposit is Required. The Lessee shall be required to pay the Lessor a security deposit in the amount of $ , due prior to or upon the signing of a lease. ☐
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Deposit is Required. The Buyer shall remit to the Seller, together with this Letter of Intent, payment in the amount of (this amount must be at least 1% of the purchase price) (“Deposit”). The Deposit will be NON REFUNDABLE shall be accepted by the Seller and the Seller will immediately remove all the advertising of the sale of the property.
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Related to Deposit is Required

  • Deposit Insurance Upon receipt of Proper Instructions, the Custodian shall take such reasonable actions as the applicable Fund deems necessary or appropriate to cause each deposit account established by the Custodian pursuant to this Section 2.21 to be insured to the maximum extent possible by all applicable deposit insurers including, without limitation, the Federal Deposit Insurance Corporation.

  • Clean Air Act and Federal Water Pollution Control Act The contractor agrees to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act, as amended, 42 U.S.C. § 7401 et seq.

  • OF CLEAN AIR ACT AND FEDERAL WATER POLLUTION CONTROL ACT This provision is applicable to all Federal-aid construction contracts and to all related subcontracts. By submission of this bid/proposal or the execution of this contract, or subcontract, as appropriate, the bidder, proposer, Federal-aid construction contractor, or subcontractor, as appropriate, will be deemed to have stipulated as follows: 1. That any person who is or will be utilized in the performance of this contract is not prohibited from receiving an award due to a violation of Section 508 of the Clean Water Act or Section 306 of the Clean Air Act. 2. That the contractor agrees to include or cause to be included the requirements of paragraph (1) of this Section X in every subcontract, and further agrees to take such action as the contracting agency may direct as a means of enforcing such requirements.

  • Financial Institutions Covenants (a) Statements, Confirmations and Other Correspondence. The Financial Institution will promptly deliver copies of statements, confirmations and correspondence about the Collateral Accounts and the cash or other financial assets credited to a Collateral Account to the Grantors and the Secured Party.

  • Reliance by Financial Institution The Financial Institution is not obligated to investigate or inquire whether the Secured Party may deliver a Secured Party Order. The Financial Institution may rely on communications (including Secured Party Orders) believed by it in good faith to be genuine and given by the proper party.