Cash to Close. The Cash to Close shall be paid to Seller in accordance with the closing procedure hereinafter set forth.
Cash to Close. The Cash to Close shall be paid to -------------- Escrow Agent in accordance with the closing procedure hereinafter set forth.
Cash to Close. Buyer agrees to cause the Purchase Price to be delivered to Escrow Agent, no later than one (1) day before the Closing, subject to, or together with, as the case may be, the prorations, adjustments, and closing expenses set forth in this Agreement charged or credited to Buyer ("Cash to Close") in immediately available U.S. funds by wire transfer as more particularly set forth in this Agreement and shall be disbursed pursuant to Paragraph 7.2 below.
Cash to Close. The Purchase Price plus all of Buyer's closing costs specified herein, subject to the adjustments and prorations set forth herein, less the Deposit.
Cash to Close. On or before the Closing Date, Buyers shall deposit into Escrow cash or Cash Equivalent which, in the aggregate, shall be equal to the Purchase Price (the “Cash to Close Payment”), which Cash to Close Payment shall be held in Escrow and applied and credited, together with any and all interest earned thereon and as adjusted pursuant to the Closing Adjustments set forth in Section 11 hereof (the “Adjusted Cash to Close Payment”), at the Closing Date by the Escrow Holder toward payment of the Purchase Price in accordance with the provisions of Section 5 hereof.
Cash to Close. On the Closing Date (as defined below), Buyer shall deposit with Escrow Agent the balance of the Purchase Price (after deduction of the Xxxxxxx Money Deposit).
Cash to Close. The Purchase Price plus all of Buyer's closing costs -------------- specified herein, subject to the adjustments and prorations set forth herein; provided, however, that the Cash to Close shall be reduced by the allocated -------- ------- Purchase Price determined in accordance with Section 3.03 for any Hotels as to which the Closing has been deferred in accordance with this Contract.
Cash to Close. On December 23, 2007, Purchaser shall pay Seller the amount of One Million One Hundred Thousand and 00/100 ($1,100,000.00) Dollars.
Cash to Close. The cash to close shall be five (5%) percent of the purchase price and shall be paid by the delivery of the Buyer's Promissory Note payable to the Seller. Said note shall bear interest at seven (7%) percent per annum and shall be payable both principal and interest sixty (60) days from closing.
Cash to Close. On the Closing Date, Escrow Agent shall pay the Deposit to Seller and the Purchaser shall pay to the Seller, by wire transfer of immediately available funds, the balance of the Purchase Price in the amount of TWO MILLION FIVE HUNDRED EIGHTEEN THOUSAND TWO HUNDRED SIXTY and 00/100 DOLLARS ($2,518,260.00), increased or diminished by those credits, prorations and adjustments, required herein. The foregoing assumes Seller will pay out of the Purchase Price at Closing Seller’s prorata 63.86% share of the existing mortgage indebtedness to Regions Bank with respect to the Property. To the extent said current lender allows Purchaser to assume Seller’s 63.86% share of said existing mortgage indebtedness, and Purchaser elects to do so, the cash payment at Closing shall be appropriately reduced by the amount of Seller’s said share of said indebtedness so assumed by Purchaser. In such event it shall be a condition to Seller’s obligation to close hereunder that Seller (and any guarantors) be fully released and discharged from all liability with respect to said indebtedness, and the form and substance of said instruments of release shall be reasonably acceptable to Seller.
