Common use of Cash Balance Clause in Contracts

Cash Balance. Purchaser shall pay the balance of the Purchase Price, subject to the prorations and adjustments described in Section 5 below, in cash (the "Cash Balance") by wire transfer of immediately available United States of America funds to the Escrow Company in accordance with the terms and conditions of this Agreement, so that Seller shall receive such payment in its designated account no later than 12:00 pm (Chicago time) on the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Resource Real Estate Opportunity REIT II, Inc.)

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Cash Balance. Purchaser shall pay the balance of the Purchase Price, subject to the prorations and adjustments described in Section 5 below, in cash (the "Cash Balance") by wire transfer of immediately available United States of America funds to the Escrow Title Company for payment to Seller, in accordance with the terms and conditions of this Agreement, so that Seller shall receive such payment in its designated account Agreement no later than 12:00 pm 11:00 a.m. (Chicago Chicago, Illinois time) on the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Arden Realty Inc)

Cash Balance. Purchaser shall pay the balance of the Purchase Price, subject to the prorations and adjustments described in Section 5 below, in cash (the "Cash Balance") by wire transfer of immediately available United States of America funds to the Escrow Company in accordance with the terms and conditions of this Agreement, so that Seller shall receive such payment in its designated account no later than 12:00 pm p.m. (Chicago time) on the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Resource Real Estate Opportunity REIT II, Inc.)

Cash Balance. Purchaser shall pay the balance of the Purchase Price, subject to the prorations and adjustments described in Section 5 below, in cash (the "β€œCash Balance"”) by wire transfer of immediately available United States of America funds to the Escrow Company in accordance with the terms and conditions of this Agreement, so that Seller shall receive such payment in its designated account no later than 12:00 pm 11:00 am (Chicago time) on the Closing Date.. 3. Conditions Precedent. All conditions precedent relating to this transaction have been satisfied including:

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Feldman Mall Properties, Inc.)

Cash Balance. Purchaser shall pay the balance of the Purchase Price, subject to the prorations and adjustments described in Section 5 below, in cash (the "Cash Balance") by wire transfer of immediately available United States of America funds to the Escrow Title Company for payment to Seller, in accordance with the terms and conditions of this Agreement, so that Seller shall receive such payment in its designated account no later than 12:00 pm 11:00 am (Chicago timeChicago, Illinois) on the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (CBL & Associates Properties Inc)

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Cash Balance. Purchaser shall pay the balance of the Purchase Price, subject to the prorations and adjustments described in Section 5 below, in cash (the "Cash Balance") by wire transfer of immediately available United States of America funds to the Escrow Company in accordance with the terms and conditions of this Agreement, so that Seller shall receive such payment in its designated account no later than 12:00 pm 11:00 am (Chicago time) on the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Glimcher Realty Trust)

Cash Balance. Purchaser shall pay the balance of the Purchase Price, subject to the prorations and adjustments described in Section 5 below, in cash (the "Cash Balance") by wire transfer of immediately available United States of America funds to the Escrow Title Company for payment to Seller, in accordance with the terms and conditions of this Agreement, so that Seller shall receive such payment in its designated account Agreement no later than 12:00 pm (Chicago time) 11:00 am C.S.T. on the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase (Mack Cali Realty Corp)

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