Common use of Closing Agent Clause in Contracts

Closing Agent. CLOSING DATE: (no later than 120 days from the date that this document is delivered to the County). The closing date may be extended for an additional 120 days upon written request from Purchaser and deposit by Purchaser with Seller of an “Extension Fee” of

Closing Agent. CLOSING DATE: (no later than 120 days from the date that this document is delivered to the County). The closing date may be extended for an additional 120 days upon written request from Purchaser and deposit by Purchaser with Seller of an “Extension Fee” ofof $5,000.00. Upon the written acceptance of the extension by Seller the Extension Fee shall become non-refundable. The Extension Fee shall be credited to Purchaser against the purchase price of the property at the time of closing. TERMINATION DATE: Thirty days after closing date. POSSESSION: At closing.