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Deposit Contract Template
I need a Deposit Contract Template for a property development project in Singapore, where multiple investors will be making staged deposits totaling SGD 5 million by March 2025, with quarterly interest payments and specific release conditions.
1. Parties: Identifies the depositor and depositee with full legal names and addresses
2. Background: Explains the context and purpose of the deposit arrangement
3. Definitions: Defines key terms used throughout the agreement
4. Deposit Amount: Specifies the amount and currency of the deposit
5. Payment Terms: Details how and when the deposit will be paid
6. Purpose of Deposit: Explains what the deposit is for and how it will be used
7. Return of Deposit: Specifies conditions for return of deposit
8. Governing Law: Confirms Singapore law applies
1. Interest: Terms for any interest payable on the deposit
2. Security Measures: Provisions for securing the deposit
3. Insurance: Requirements for insuring the deposit
4. Forfeiture Conditions: Circumstances under which deposit may be forfeited
1. Payment Schedule: Detailed schedule of payment dates and amounts
2. Bank Details: Banking information for deposit payments
3. Interest Calculation: Method and examples of interest calculations if applicable
4. Required Documents: List of documents required for KYC/due diligence
Authors
Business Day
Commencement Date
Confidential Information
Deposit
Deposit Account
Deposit Amount
Deposit Period
Deposit Purpose
Deposit Return Date
Depositee
Depositor
Effective Date
Event of Default
Force Majeure
Interest Rate
Interest Payment Date
Maturity Date
Notices
Parties
Payment Instructions
Permitted Purpose
Regulatory Authority
Security Interest
Singapore Dollars
Term
Transaction
Working Day
Purpose of Deposit
Term and Duration
Interest
Payment Instructions
Return of Deposit
Security Measures
Representations and Warranties
Covenants
Events of Default
Remedies
Set-off Rights
Force Majeure
Confidentiality
Data Protection
Anti-Money Laundering
Assignment
Notices
Amendment and Modification
Severability
Entire Agreement
Counterparts
Third Party Rights
Dispute Resolution
Governing Law
Jurisdiction
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