Minimum Deposit Amount definition
Examples of Minimum Deposit Amount in a sentence
In case the Minimum Deposit Amount is depleted to zero, Registrar’s right to render Domain Name Registration Services will be suspended until the Minimum Deposit Amount is replenished.
Borrower shall indicate in the Notice of Borrowing for the Tranche 3 Borrowing whether the proceeds of the Tranche 3 Borrowing are to be transmitted by the Administrative Agent to the Cash Collateral Account on the Borrowing Date to satisfy the Minimum Deposit Amount in effect at such time.
All fees due are payable upon receipt of the Registry’s invoice, and any such payments made will be used to replenish the Minimum Deposit Amount.
No interest will accrue for the benefit of the Registrar on any advance payments (including the Minimum Deposit Amount) made in the framework of this Agreement.
Lender shall have the right to approve, such approval not to be unreasonably withheld, any settlement which might result in any Proceeds in excess of the Minimum Deposit Amount, and Borrower will deliver or cause to be delivered to Lender all instruments reasonably requested by Lender to permit such approval.