Common use of Additional Xxxxxxx Money Clause in Contracts

Additional Xxxxxxx Money. Buyer shall not conduct any Authorized Activities prior to Closing unless and until Buyer has delivered as additional xxxxxxx money a sum equal to 10% of the purchase price due under the Purchase Agreement (the “Additional Xxxxxxx Money”), in addition to the xxxxxxx money otherwise required under the Purchase Agreement. The Additional Xxxxxxx Money shall be delivered to the same escrow agent holding the xxxxxxx money otherwise delivered pursuant to the Purchase Agreement, to be held and disbursed pursuant to the same terms and conditions that apply to the xxxxxxx money under the terms of the Purchase Agreement.

Appears in 6 contracts

Samples: Agreement to Purchase, Purchase Contract, Real Estate Purchase Agreement

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Additional Xxxxxxx Money. Buyer shall not conduct any Authorized Activities prior to Closing unless and until Buyer Xxxxx has delivered as additional xxxxxxx money a sum equal to 10% of the purchase price due under the Purchase Agreement (the “Additional Xxxxxxx Money”), in addition to the xxxxxxx money otherwise required under the Purchase Agreement. The Additional Xxxxxxx Money shall be delivered to the same escrow agent holding the xxxxxxx money otherwise delivered pursuant to the Purchase Agreement, to be held and disbursed pursuant to the same terms and conditions that apply to the xxxxxxx money under the terms of the Purchase Agreement.

Appears in 5 contracts

Samples: Agreement to Purchase, Agreement to Purchase, Purchase Contract

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Additional Xxxxxxx Money. Notwithstanding any other provision, Buyer shall not conduct any Authorized Activities prior to Closing unless and until Buyer Xxxxx has delivered as additional xxxxxxx money a sum equal to 10% of the purchase price due under the Purchase Agreement (the “Additional Xxxxxxx Money”), in addition to the xxxxxxx money otherwise required under delivered pursuant to the Purchase Agreement. The Additional Xxxxxxx Money shall be delivered to the same escrow agent holding the xxxxxxx money otherwise delivered pursuant to the Purchase Agreement, to be held and disbursed pursuant to the same terms and conditions that apply to the xxxxxxx money under the terms of the Purchase Agreement.

Appears in 1 contract

Samples: Addendum for Pre Closing Access

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