1.1 Notwithstanding anything contrary contained herein, the Buyer and Seller hereby agree that the Deposit may be paid by way of Deposit Bond or Bank Guarantee.
1.2 On Settlement, the Buyer will pay the Deposit to the Seller and the Deposit Holder will return the Deposit Bond or Bank Guarantee to the Buyer.
1.3 The Buyer must not do or omit to do anything to cause the Deposit Bond or Bank Guarantee to be withdrawn, revoked, cancelled or limited in any way prior to Settlement, in which case the Buyer will have failed to comply with an Essential Term of this Contract.