Payment of the Deposit Clause Samples

Payment of the Deposit. You must pay us 10% Deposit at the same time as you accept our offer set out in the Quote.

Payment of the Deposit. You must pay us the Deposit at the same time as you accept our offer set out in the Quote.

Payment of the Deposit. 3.1 You must pay us the Deposit at the same time as you accept our offer set out in the Quote. 3.2 You must pay us the Balance at the same time as we deliver the System to the Premises. 3.3 Title in the System passes to you on payment of the Balance, provided you have already paid the Deposit and all other amounts you owe us. 3.4 Payments under this agreement can be made by bank cheque, money order, cash, debit card, credit card or direct deposit. 3.5 You will be taken to have made payment on the date on which we receive your payment as cleared funds in our bank account.

Payment of the Deposit. You must pay us the Deposit at the same time as you accept our offer set out in the Quote. We do not require a Deposit if your Quote is subject to rebate eligibility approval from Solar Victoria.

Payment of the Deposit. Upon execution of this Agreement, the Purchaser shall pay the amount of $200,000.00 (the "Deposit") to the Vendor's Solicitors in trust for the Vendor by way of certified cheque, bank draft, certified solicitor's trust cheque, or wire transfer. The Deposit shall, unless the purchase and sale of the Purchased Assets is not completed on the Closing Date, be applied against the Purchase Price on Closing in accordance with Section 2.5. In the event that this Agreement is terminated in accordance with Section 8.1, then the Deposit shall either: (a) be returned to the Purchaser forthwith in the event that the Purchaser is without fault for such termination and: (i) the Purchaser terminates the Agreement pursuant to Sections 8.1(a), or 8.1(c); (ii) the Purchaser or the Vendor or Shareholder terminates the Agreement pursuant to Section 8.1(e); (iii) the Vendor or Shareholder terminates the Agreement pursuant to Section 8.1(f); or (iv) the parties mutually agree to terminate the Agreement pursuant to Section 8.1(g); or (b) be forfeited to the Vendor forthwith in the event that the Vendor is without fault for such termination and the Vendor or Shareholder terminates the Agreement pursuant to Sections 8.1(b) or 8.1(d), provided that the forfeiture of the Deposit to the Vendor in accordance with the foregoing shall constitute the sole and exclusive remedy of the Vendor and Shareholder as a result of this Agreement being terminated in accordance with Section 8.1.

Payment of the Deposit. You must pay us the Deposit at the date your solar rebate is confirmed by Solar Victoria, or the date you accept the Quote if you do not apply for solar rebate.

Payment of the Deposit. IV.1 The Depositor hereby transfers the Non-monetary Deposit to the Company, and the Company takes over this Non-monetary Deposit. IV.2 The Depositor is aware of the fact that pursuant to Section 204, Paragraph 3, in connection with Section 60, Paragraph 2 of the Commercial Code, the Deposit shall be paid off only on the day thereon the Non-monetary Deposit shall be handed over to, and taken over by the Company (hereinafter referred to as “the Date of Payment”) The Depositor undertakes to hand over the Non-monetary Deposit within fifteen (15) days as of date of the conclusion hereof, at the latest, and pursuant to the provision of Section 204, Paragraph 3 of the Commercial Code the Non-monetary Deposit must be paid off prior to the submission of a proposal for registration of the increase in basic capital in the commercial register, at the latest. IV.3 The Contracting Parties have agreed that by the Date of Payment:

Payment of the Deposit. (a) On or before the execution of this deed, the Buyer and the Seller must jointly instruct the Escrow Agent to open an interest bearing trust account with ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Bank, N.A., acting through its Sydney branch: (1) for the benefit of the Buyer and the Seller; (2) for the purpose of holding the Deposit in accordance with this deed and the Escrow Agreement; and (3) the costs of which are to be shared equally between the Parties, (Deposit Account). (b) On execution of this deed, the Buyer must pay the Deposit into the Deposit Account in Immediately Available Funds. (c) The Buyer and the Seller must instruct the Escrow Agent to withdraw the Deposit and accrued interest on the earlier of Completion or termination of this deed and pay it to the person entitled to it under clause 3.3(d) or 3.3(e)as applicable. (d) The Buyer is entitled to the Deposit (and all interest on the Deposit) if: (1) the Buyer terminates this deed pursuant to clause 2.7(a) and either of the following applies: (A) the termination arises as a result of a condition in clause 2.1 not being satisfied; or (B) the termination arises as a result of a condition in clause 2.2 not being satisfied and the Seller has failed to comply with its obligations under clause 2.5; (2) the Buyer terminates this deed pursuant to clause 6.2(a) or 7.3; or (3) the Seller terminates this deed pursuant to clause 6.1(b). (e) The Seller shall become the owner of and is entitled to keep the Deposit (and all interest on the Deposit) as the Seller’s exclusive property and as the Seller’s sole right and remedy free of any rights of the Buyer in the event that: (1) Completion occurs; or (2) the Buyer is not otherwise entitled to the Deposit under clause 3.3(d). (f) The Buyer and the Seller each irrevocably undertakes to ensure that it gives all necessary instructions to the Escrow Agent to withdraw the Deposit Amount and pay it to the Buyer or the Seller as is required under this clause 3.3.

Payment of the Deposit. The Buyers shall remit the Deposit into the Escrow Account (as defined below) within thirty (30) days of the Execution Date. Notwithstanding the foregoing, if the Buyers are unable to fulfill such obligation in time due to government approvals or other reasons, the Commitment Parties agree to extend the deadline, and in no event shall the Deposit be remitted to the Escrow Account later than October 31, 2023;