Common use of Closing Funds Clause in Contracts

Closing Funds. At least one (1) business day prior to the Close of Escrow, Purchaser shall deposit or cause to be deposited with Escrow Holder, in Immediately Available Funds, the balance of the Purchase Price plus Escrow Holder’s estimate of Purchaser’s share of closing costs, prorations and charges payable pursuant to this Agreement.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Cornerstone Core Properties REIT, Inc.), Purchase and Sale Agreement (Cornerstone Realty Fund LLC)

AutoNDA by SimpleDocs

Closing Funds. At least In no event later than one (1) business day prior to the Business Day in advance of Close of Escrow, Purchaser Buyer shall deposit or cause to be deposited with Escrow Holder, in Immediately Available Funds, the balance of the Purchase Price plus or minus Escrow Holder’s estimate of PurchaserBuyer’s share of closing costs, prorations and charges payable pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hines Global REIT, Inc.)

Closing Funds. At least one (1) business day prior to the Close of Escrow, Purchaser Buyer shall deposit or cause to be deposited with Escrow Holder, in Immediately Available Fundsimmediately available funds, an amount equal to (x) the Purchase Price, minus the Deposit, minus the Outstanding Balance (collectively, the balance “Balance of the Purchase Price Price”), plus Escrow Holder’s estimate of Purchaser’s (y) Buyer's share of closing costs, prorations and charges payable pursuant to this AgreementAgreement (together with the Balance of the Purchase Price, collectively referred to herein as the "Closing Funds").

Appears in 1 contract

Samples: Purchase and Sale Agreement (Retail Opportunity Investments Corp)

Closing Funds. At least one (1) business day prior to the Close of Escrow, Purchaser Buyer shall deposit or cause to be deposited with Escrow Holder, in Immediately Available Funds, the balance of the Purchase Price Price, plus Escrow Holder’s 's estimate of Purchaser’s Buyer's share of closing costs, prorations prorations, and charges payable by Buyer pursuant to this Agreement.

Appears in 1 contract

Samples: Agreement for Assignment of Leasehold Interest, Sublease of Property, Leaseback of Real Property and Joint Escrow Instructions (Watkins Johnson Co)

AutoNDA by SimpleDocs

Closing Funds. At least one (1) business day prior to the Close of Escrow, Purchaser Buyer shall deposit or cause to be deposited with Escrow Holder, in Immediately Available Funds, the balance of the Purchase Price Price, plus Escrow Holder’s estimate of PurchaserBuyer’s share of closing costs, prorations and charges payable pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!