No Deposit Clause Samples
The "No Deposit" clause specifies that the parties to the agreement are not required to provide a deposit as part of their contractual obligations. In practice, this means that neither party needs to pay an upfront sum to secure performance or demonstrate commitment before the contract is fully executed. For example, in a lease or purchase agreement, the absence of a deposit reduces the initial financial burden on the buyer or tenant. The core function of this clause is to simplify the transaction process and lower entry barriers by eliminating the need for advance payments, thereby making the agreement more accessible and straightforward for all parties involved.
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No Deposit. There shall be no Deposit required by Sumter County with the execution of this Agreement
No Deposit. There is no money due at the time of signing this Contract. The good faith promise of performing under this Contract, by both Parties, shall serve as consideration. Hereinafter known as the “Deposit.”
No Deposit. We will collect the Total Fees from Lodgers on or before the date provided on the invoice (“Rent Payment Date”), which shall be no later than thirty (30) days before the Lodger is scheduled to check in to the Accommodation. We will initiate payment of the Total Fees (less applicable Host Fees and taxes) to the Host at such time that the Total Fees funds have cleared.
No Deposit. Neither City nor Developer shall be required to make any escrow deposit with respect to such party’s obligations under the Agreement.
No Deposit. Any Investment in the Notes does not have the status of a bank deposit and is not within the scope of any deposit protection scheme. Multipliers and leverage: If the Notes are structured to include a multiplier or leverage, their market value will be more volatile and losses from any exposure to them may be greater than for comparable securities that do not.
No Deposit. Agreements received prior to 27 April 2018 need not be accompanied by a deposit. A 50% deposit must be submitted to SPE on or before 27 April 2018.
c. 50% Deposit. Agreements received between 27 April 2018 and 25 October 2018 must be accompanied by a minimum 50% deposit. Exhibitors who have not paid their 50% deposit by 27 April 2018 and have not notified SPE of their cancellation within 5 business days of the 27 April 2018 deposit due date will have their Exhibit Space cancelled and reassigned by SPE at the close of business on the 5th day . After that time period cancellations of Exhibit Space will be with all deposit amounts due and payable.
d. Full Payment. Agreements received after 26 October 2018 must include full payment for the Exhibit Space requested. Agreements received without required payment will not be processed. Exhibitors who are not paid in full by 26 October will have one point deducted from their total priority points. SPE reserves the right to cancel and reassign any Exhibit Space for which an invoice remains unpaid for more than thirty (30) days after invoice due date. Exhibitor will not be allowed to begin move-in operations or be listed as an Exhibitor in the Conference Program until full payment and a duly executed Agreement have been received by SPE.
e. Reduction in Exhibit Space. After Exhibit Space has been confirmed and accepted, a reduction in Exhibit Space is considered a cancellation and will be governed by the same policies as outlined below. Reduction in Exhibit Space can result in relocation of Exhibit Space at the discretion of SPE.
No Deposit. OTC reserves the right not to assign Exhibit Space for which an invoice for any OTC event remains unpaid past the outlined deadline. 50% deposit. 50% deposit (50% of the total requested booth space cost) must be submitted to OTC on or before 12 July 2023. Exhibitors who have not paid their 50% deposit by 12 July 2023 and have not notified OTC of their cancellation in writing, (and received confirmation of receipt of said cancellation), will still incur the 50% amount due to OTC as outlined in this contract. After exhibit space has been confirmed on the floor, if Exhibitor cancels participation with money due, the outstanding funds will be due upon cancellation. Full payment for the assigned booth space must be paid by 11 January 2024. Agreements received 11 January 2024 or after must include 100% payment for the size booth requested. Agreements received without required payment will not be processed nor Exhibit Space confirmed. Exhibitors who are not paid in full by 11 January 2024 and have not notified OTC of their cancellation in writing, (and received confirmation of receipt of said cancellation), will still incur the 100% amount due to OTC as outlined in this contract. OTC reserves the right to cancel and reassign any Exhibit Space for which an invoice remains unpaid after the invoice’s due date. Exhibitor will not be allowed to begin move-in operations or be listed as an Exhibitor in the Online Conference Program until full payment and a duly executed Agreement has been received by OTC.
No Deposit. Each Member of the Group of 3 agrees not to grant, except as provided under this Agreement, any proxy or power of attorney with respect to any of the Controlled Shares or deposit, any Controlled Shares in a voting trust or subject any Controlled Shares to any arrangement or agreement with respect to the voting of such Controlled Shares.
No Deposit taking: in relation to any Notes having a maturity of less than one year from the date of issue:
3.1.1 it is a person whose ordinary activities involve it in acquiring, holding, managing or disposing of investments (as principal or agent) for the purposes of its business;
3.1.2 it has not offered or sold and will not offer or sell any such Notes other than to persons:
(a) whose ordinary activities involve them in acquiring, holding, managing or disposing of investments (as principal or agent) for the purposes of their businesses; or
(b) who it is reasonable to expect will acquire, hold, manage or dispose of investments (as principal or agent) for the purposes of their businesses, where the issue of the Notes would otherwise constitute a contravention of Section 19 of the FSMA by the Issuer;
No Deposit. No ▇▇▇▇▇▇▇ money deposit is required to be paid by Purchaser for credit against the Purchase Price.