Payment from Deposit Sample Clauses

The 'Payment from Deposit' clause defines how funds held as a deposit can be used to satisfy payment obligations under the agreement. Typically, this clause allows the party holding the deposit—often a landlord or service provider—to deduct amounts owed, such as unpaid rent, damages, or other charges, directly from the deposit before returning any remaining balance to the other party. This mechanism ensures that the party entitled to payment has a secure source of funds to cover potential losses or outstanding debts, thereby reducing the risk of non-payment and simplifying the settlement process at the end of the contractual relationship.
Payment from Deposit. For certain services, the Attorney may request that the Client pay an advance deposit (retainer). In that event, the advance deposit (retainer) will be applied against Attorney’s fees and costs incurred by Client. Attorney will deposit this amount into the Attorney’s trust IOLTA account. Client authorizes Attorney to withdraw the principal from the trust account to pay Attorney’s fees and costs as Client incurs them. Any interest earned will be paid to the Massachusetts IOLTA Committee. At the termination of services under this Agreement, the remaining balance of the deposit, if any, will be refunded to Client.
Payment from Deposit. For a continuing consulting role, Client will pay to Attorney a deposit of $ , to be received by Attorney on or before , and to be applied against Attorney's fees and costs incurred by Client. This amount will deposited by Attorney in Attorney's trust account. Client authorizes Attorney to withdraw the principal from the trust account to pay Attorney's fees and costs as they are incurred by Client. Any interest earned will be paid, as required by law, to the Arkansas Access to Justice Foundation. The deposit is refundable. If, at the termination of services under this agreement, the total amount incurred by Client for Attorney's fees and costs is less than the amount of the deposit, the difference will be refunded to Client.
Payment from Deposit. For a continuing consulting role, Client will pay to Attorney a deposit of $_ , to be received by Attorney on or before , and to be applied against Attorney's fees and costs incurred by Client. This amount will be deposited by Attorney in Attorney's trust account. Client authorizes Attorney to withdraw the principal from the trust account to pay Attorney's fees and costs as they are incurred by Client. Any interest earned will be paid, as required by law, to the State Bar of California to fund legal services for indigent persons. The deposit is refundable. If, at the termination of services under this agreement, the total amount incurred by Client for Attorney's fees and costs is less than the amount of the deposit, the difference will be refunded to Client.
Payment from Deposit. For a continuing consulting role, Client will pay to Attorney a deposit of $_______________, to be received by Attorney on or before __________________, and to be applied against Attorney’s fees and costs incurred by Client. This amount will be deposited by Attorney in Attorney’s trust account. Client authorizes Attorney to withdraw the principal from the trust account to pay Attorney’s fees and costs as they are incurred by Client. Any interest earned will be paid, as required by law, to the Arkansas Access to Justice Foundation to fund legal services for indigent persons. The deposit is refundable. If, at the termination of services under this agreement, the total amount incurred by Client for Attorney’s fees and costs is less than the amount of the deposit, the difference will be refunded to Client.
Payment from Deposit. For a continuing consulting role, Client will pay to Attorney a deposit of $________, to be received by Attorney on or before _______________, and to be applied against Attorney's fees and costs incurred by Client. This amount will be deposited by Attorney in Attorney's trust account. Client authorizes Attorney to withdraw the principal from the trust account to pay Attorney's fees and costs as they are incurred by Client. Any interest earned will be paid, as required by law, to the Arkansas Access to Justice Foundation to fund legal services for indigent persons. The deposit is refundable. If, at the termination of services under this agreement, the total amount incurred by Client for Attorney's fees and costs is less than the amount of the deposit, the difference will be refunded to Client. Costs: Client will pay Attorney’s out of pocket costs incurred in connection with this agreement, including long distance telephone and fax costs, photocopy expense and postage. All costs payable to third parties in connection with Client’s case including filing fees, investigation fees, deposition fees and the like will be paid directly by Client. Attorney will not advance costs to third parties on Client’s behalf. Discharge of Attorney: Client may discharge Attorney at any time by written notice effective when received by Attorney. Unless specifically agreed by Attorney and Client, Attorney will provide no further services and advance no further costs on Client's behalf after receipt of the notice. Notwithstanding the discharge, Client will remain obligated to pay Attorney at the agreed rate for all services provided and to reimburse Attorney for all costs incurred prior to such discharge.
Payment from Deposit. For a continuing consulting role, Client will pay to Attorney a deposit of $ , to be received by Attorney on or before be paid, as required by law, to the Arkansas Access to Justice Foundation to fund legal services for indigent persons. The deposit is refundable. If, at the termination of services under this agreement, the total amount incurred by Client for Attorney’s fees and costs is less than the amount of the deposit, the difference will be refunded to Client.
Payment from Deposit. Any person suffering nuclear damage may, with regard to his claim for compensation, receive compensation from the cash or securities deposited by the nuclear operator pursuant to the preceding section.
Payment from Deposit. For a continuing consulting role, Client will pay to Attorney a deposit of $ , to be received by Attorney on or before
Payment from Deposit. For a continuing consulting role, Client will pay to Attorney a deposit of $ ___________, to be received by Attorney on or before _________________, and to be applied against Attorney's fees and costs incurred by Client. This amount will deposited by Attorney in Attorney's trust account. Client authorizes Attorney to withdraw the principal from the trust account to pay Attorney's fees and costs as they are incurred by Client. Any interest earned will be paid, as required by law, to the Arkansas Access to Justice Foundation. The deposit is refundable. If, at the termination of services under this agreement, the total amount incurred by Client for Attorney's fees and costs is less than the amount of the deposit, the difference will be refunded to Client. Costs: Client will pay Attorney’s out of pocket costs incurred in connection with this agreement, including long distance telephone and fax costs, photocopy expense and postage. All costs payable to third parties in connection with Client’s case including filing fees, investigation fees, deposition fees and the like will be paid directly by Client. Attorney will not advance costs to third parties on Client’s behalf.

Related to Payment from Deposit

  • Payment of Deposit That the Licensee have paid / shall pay the above mentioned deposit/premium as mentioned above by Cash. Amount Rs.50000/-(Fifty Thousand Only)

  • Crediting Payments The receipt of any payment item by Agent shall not be required to be considered a payment on account unless such payment item is a wire transfer of immediately available funds made to Agent’s Account or unless and until such payment item is honored when presented for payment. Should any payment item not be honored when presented for payment, then Borrowers shall be deemed not to have made such payment. Anything to the contrary contained herein notwithstanding, any payment item shall be deemed received by Agent only if it is received into Agent’s Account on a Business Day on or before 1:30 p.m. If any payment item is received into Agent’s Account on a non-Business Day or after 1:30 p.m. on a Business Day (unless Agent, in its sole discretion, elects to credit it on the date received), it shall be deemed to have been received by Agent as of the opening of business on the immediately following Business Day.

  • Certificate Account and Special Payments Account (a) The Trustee shall establish and maintain on behalf of the Certificateholders of each series a Certificate Account as one or more non-interest-bearing accounts. The Trustee shall hold such Certificate Account in trust for the benefit of the Certificateholders of such series, and shall make or permit withdrawals therefrom only as provided in this Agreement. On each day when a Scheduled Payment is made to the Trustee (under an Intercreditor Agreement, if applicable) with respect to the Certificates of such series, the Trustee, upon receipt thereof, shall immediately deposit the aggregate amount of such Scheduled Payment in such Certificate Account. (b) The Trustee shall establish and maintain on behalf of the Certificateholders of each series a Special Payments Account as one or more accounts, which shall be non-interest bearing except as provided in Section 4.04. The Trustee shall hold the Special Payments Account in trust for the benefit of the Certificateholders of such series and shall make or permit withdrawals therefrom only as provided in this Agreement. On each day when one or more Special Payments are made to the Trustee (under an Intercreditor Agreement, if applicable) with respect to the Certificates of such series, the Trustee, upon receipt thereof, shall immediately deposit the aggregate amount of such Special Payments in such Special Payments Account. (c) The Trustee shall present (or, if applicable, cause the Subordination Agent to present) to the related Loan Trustee of each Equipment Note such Equipment Note on the date of its stated final maturity or, in the case of any Equipment Note which is to be redeemed in whole pursuant to the related Indenture, on the applicable redemption date under such Indenture.

  • Cash Deposit No cash will be deposited into the certificate account on the closing date.

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (▇▇▇) ▇▇▇-▇▇▇▇. This does not apply to transactions occurring outside the United States.