Common use of Application of Exxxxxx Money Clause in Contracts

Application of Exxxxxx Money. At each Closing, a portion of the Exxxxxx Money equal to [***], shall be applied as a credit against the Purchase Price of each Lot then being purchased. If this Agreement is terminated prior to the purchase of all of the Lots, the Exxxxxx Money will be delivered to Seller or Buyer as provided in this Agreement.

Appears in 4 contracts

Samples: Contract for Purchase and Sale (Alset Inc.), Contract for Purchase and Sale (LiquidValue Development Inc.), Contract for Purchase and Sale (Alset Inc.)

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Application of Exxxxxx Money. At each Closing, a portion of the Exxxxxx Money equal to [***]] of the Purchase Price of the Lots being purchased (exclusive of escalation), shall be applied as a credit against the Purchase Price of each Lot then being purchased. If this Agreement is terminated prior to the purchase of all of the Lots, the Exxxxxx Money will be delivered to Seller or Buyer as provided in this Agreement.

Appears in 2 contracts

Samples: Contract for Purchase and Sale (Alset Inc.), Contract for Purchase and Sale (LiquidValue Development Inc.)

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