Balance of Purchase Price. The balance of the Purchase Price shall be paid in cash or by certified funds at the Closing (as defined below).
Balance of Purchase Price. The balance of the Purchase Price, less any apportionments set forth in Section 7 hereof, shall be paid in full by Buyer at the Closing by wire transfer of immediately available federal funds, as Seller shall direct.
Balance of Purchase Price. Not later than 2:00 p.m. on the Closing Date, Purchaser shall deposit with Escrow Agent, in Good Funds, the balance of the Purchase Price, reduced or increased by such amounts as are required to take into account any prorations, credits, costs or other adjustments to be made at Closing under this Agreement. The amount to be paid under this Section 2.2.2 is referred to in this Agreement as the “Closing Payment.”
Balance of Purchase Price. The Purchase Price less the sum of the Deposit (the “Purchase Price Balance”) shall be deposited with Escrow Holder by Buyer in immediately available funds no later than one (1) business day prior to the Closing in accordance with Section 5.2(a) below.
Balance of Purchase Price. $ In U.S. Funds, due at Closing, not including Buyer’s closing costs, financing costs, prepaid amounts or proration’s, in immediately available cash or by confirmed wire transfer.
Balance of Purchase Price. Buyer shall pay the balance of the Purchase Price to Escrow Agent in good and immediately available funds by a single wire transfer in accordance with Escrow Agent’s Wiring Instructions no later than 2:00 p.m. Eastern Time on the Closing Date and Escrow Agent shall immediately upon Closing disburse in accordance with the Closing Statement. Buyer agrees that wired funds must be received in Escrow Agent’s account pursuant to the Escrow Agent’s Wiring Instructions prior to 2:00 p.m. Eastern Time on the Closing Date in order for Seller to receive the benefit of such funds. Accordingly, if wired funds are received after 2:00 p.m. Eastern Time on any day, they shall not be deemed received until the following Business Day. If Escrow Agent does not receive wired funds prior to 2:00 p.m. Eastern Time on the Closing Date and Seller elects not to exercise any of its default remedies, Buyer shall pay Seller $5,000.00 per day from the Closing Date until the wired funds are deemed to have been received. Except as provided in the last sentence of Section 3.1 above and the seventh sentence of this Section 3.2, Buyer shall not be entitled to any credits on the Closing Statement including, without limitation, any credit with respect to Escrowed Funds. In addition, Buyer acknowledges and agrees that it shall not be entitled to receive the Escrowed Funds after the Closing Date and that it shall be solely responsible for establishing and funding the Escrowed Funds under the Loan Documents upon Closing, which obligation shall survive Closing. Subject to Section 3.4 and notwithstanding Sections 3.6 and 3.7, if any principal payments are received by Seller from or on behalf of Borrower on account of the Loan after the Cut-Off Date and prior to Closing, the Purchase Price shall be adjusted to equal the then outstanding principal balance of the Loan (after application of said principal payments) multiplied by the Applicable Bid Percentage. Notwithstanding anything contained herein to the contrary, if, on the Closing Date, Borrower is a debtor in bankruptcy proceedings filed under the United States Bankruptcy Code (“Bankruptcy Proceedings”) and Special Servicer has actual knowledge of the Bankruptcy Proceedings, then DocuSign Envelope ID: 71F2AF04-7D64-469E-B64F-6D74397F087E Buyer shall pay to Seller at Closing, in addition to the Purchase Price reflected in Part I of this Agreement, an amount equal to the amount of the Escrows and Seller shall wire transfer the Escrows to Buyer wit...
Balance of Purchase Price. The balance of the Purchase Price (plus or minus closing adjustments, as the case may be), together with the Deposit, shall be paid to Seller at the Closing. Payment shall be by wire transfer of immediately available U.S. funds in accordance with wire transfer instructions provided by Seller prior to the Closing. In exchange for such payment, Seller shall deliver to Purchaser a deed (in form required by the Subject State) whereby Seller only warrants against its own acts and/or omissions ("Deed"). The Deed shall be substantially in the form attached as Exhibit "B" and shall convey title to Purchaser, subject to the lien for taxes which are not yet due and payable and such other exceptions to title which are disclosed in the Title Commitment (defined below) and to which Purchaser consents in writing or waives its objection thereto pursuant to this Agreement.
Balance of Purchase Price. (a) The balance of the Purchase Price for the Property (subject to the adjustments and/or prorations provided in this Agreement) shall be paid by Buyer by wire transfer of good funds to Escrow Agent at Closing as set forth in Section 12.02.
Balance of Purchase Price. The balance of the Purchase Price for each Property (with credit for (a) the Applicable Share of the Deposit plus Return on Deposit, (b) for each Assumption Property for which the Assumption Lender approved the Loan Assumption and which was not converted to a Payoff Property, with a credit as provided in Section 2.2.4, and (c) if applicable, for the Runaway Bay I Property, the Xxxxxx’x Pointe Property, and the Xxxx Bridge Crossing Property Closings, the original principal amount of the applicable Seller Loan), plus or minus the adjustments or prorations required by this Agreement, shall be paid to and received by Escrow Agent by wire transfer of Good Funds in no event later than 11:00 a.m. (in the time zone in which Escrow Agent is located) on the Closing Date, or such earlier time on the Closing Date as may be required by Escrow Agent.
Balance of Purchase Price. The required payment (and, if applicable’ delivery of the Units of Condor Hospitality Limited Partnership) due at Closing as provided elsewhere herein, including the Purchase Price and other moneys due from Purchaser pursuant to the Closing Statement, less any credits due Purchaser pursuant to the Closing Statement.
