* all retail orders of the solo require a $250 refundable deposit, while the tofino orders require a $1,000 refundable deposit. corporate orders require a letter of intent and all orders are non-binding. in consideration for the acquisition of black dragon, we issued an aggregate of 20,000,000 shares of our common stock to the two vendors on the closing date and paid $100,000 prior to the closing as a non-refundable deposit. on april 19, 2017, the company entered into the share exchange agreement with arista capital ltd. (“arista capital”) and the arista capital shareholders (the “share exchange agreement”) pursuant to which the company agreed, subject to the terms and conditions in the share exchange agreement, to exchange newly issued shares of the company for shares of arista capital held by the arista capital shareholders, with arista capital becoming a wholly-owned subsidiary of the company (the “transaction”).
on july 18, 2017, the parties entered into the first addendum to the share exchange agreement, pursuant to which the closing date for the transaction was scheduled for september 15, 2017. in connection with this first addendum, arista capital paid the company a $15,000 non-refundable deposit, and had the right to extend the closing date in intervals of thirty days upon payment of an additional non-refundable deposit of $10,000 for each requested extension interval. the closing occurred on december 14, 2017. at closing, arista capital paid the company $72,500 which was used to pay all remaining outstanding liabilities of praco. 4.we note your disclosure that some of your developer clients require you to pay an upfront and refundable deposit. in september 2015, the company entered into a three year lease with a base monthly rent of $11 to move its corporate headquarters to los altos, california.upon execution of the lease, the company paid a $50 refundable deposit.as a result of the company’s strategic shift, the company expects to early terminate the los altos california office lease.pursuant to the terms of the lease agreement, the company will prepay six months of lease obligations and forfeit its refundable deposit of $50.the company expects to settle this lease obligation totaling approximately $118, inclusive of the refundable deposit during the fiscal year ended june 30, 2017.
in the event mgm returns the unconditional non-refundable deposit to sca pursuant to this section 7, then it shall also return all interest and earnings thereon, which shall equal (a) the actual interest and earnings thereon for such period as the unconditional non-refundable deposit is held in the separate account and (b) deemed interest at a rate of 4% per annum for any period after the withdrawal of the unconditional non-refundable deposit from the separate account through the date prior to the return thereof to sca. 10. sca hereby acknowledges and agrees that mgm shall have no obligation whatsoever to return all or any portion of the unconditional non-refundable deposit to sca or any other person or entity for any reason except as set forth in this agreement.
19. this agreement shall terminate automatically in the event the unconditional non-refundable deposit is not remitted to the account specified in section 4 at or before noon, new york city time on monday, september 13, 2004. in witness whereof, the parties hereto have caused this agreement to be signed by their respective officers thereunto duly authorized as of the date first written above. license, an m.b.a. degree, and nearly ten years of experience in the cross-border tax field. “contractscounsel suited my needs perfectly, and i really appreciate the work to get me a price that worked with my budget and the scope of work.”
refundable deposit. 1.1 a refundable security/breakage/cleaning deposit of r is required to be paid by the hirer, which amount will be refunded subject to an 4.1 refundable deposit. consultant shall promptly refund the deposit to the company upon termination or expiration of this agreement. 03/15/2017 (merchants 1. refund of the full security deposit by owner to renter depends upon renter’s full performance of the following terms of this agreement., deposit agreement sample, deposit agreement sample, non refundable deposit policy, deposit clause, non refundable deposit agreement pdf.
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