Common use of Closing Payment Clause in Contracts

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.1) on each “Closing Date” (as defined below) (the amount to be paid under this Section 3.2 being herein called a “Closing Payment”).

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement (Equinix Inc)

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Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.1) on each “Escrow as of the Closing Date” (as defined below) (the amount to be paid under this Section 3.2 being herein called a the “Closing Payment”).

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by Purchaser, by wire transfer of immediately available federal funds (through to the escrow described in Section 5.1) Escrow Account on each the “Closing Date” (as defined belowhereinafter defined) (the amount to be being paid under this Section 3.2 3.4 being herein called a the “Closing Payment”).

Appears in 2 contracts

Samples: Contract of Sale, Contract of Sale (Bebe Stores, Inc.)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent paid, by wire transfer of immediately available federal funds (through the escrow described in Section 5.1) on each 5 below), as and when provided in Section 5.2.2 below and in the Closing DateEscrow Agreement” (as defined below) (the hereinafter defined). The amount to be paid under this Section 3.2 being is referred to herein called a as the “Closing Payment.).

Appears in 2 contracts

Samples: Purchase Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Purchase Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by Purchaser, by wire transfer of immediately available federal funds (through to the escrow described in Section 5.1) Escrow Account on each the “Closing Date” (as defined belowhereinafter defined) (the amount to be being paid under this Section 3.2 3.3 being herein called a the “Closing Payment”).

Appears in 1 contract

Samples: Contract of Sale (Industrial Income Trust Inc.)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of or immediately available federal funds (through the escrow described in Section 5.15) on each “the Closing Date” (as defined below) Date (the amount to be paid under this Section 3.2 being herein called a the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Hines Real Estate Investment Trust Inc)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.15) on each as and when provided in Section 5.2.2 and the Closing Date” (Escrow Instructions”, as hereinafter defined below) (the amount to be paid under this Section 3.2 being herein called a the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Behringer Harvard Reit I Inc)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.15) on each as and when provided in Section 5.2.2 and the Closing Date” (Escrow Instructions”, as hereinafter defined below) (the amount to be paid under this Section 3.2 being herein called a the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (KBS Real Estate Investment Trust II, Inc.)

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Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.15) on each the “Closing Date” (”, as hereinafter defined below) (the amount to be paid under this Section 3.2 being herein called a the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Cole Credit Property Trust Iv, Inc.)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.15) on each as and when provided in Section 5.2.2 and in the Closing DateEscrow Instructions” (as defined below) (the hereinafter defined). The amount to be paid under this Section 3.2 being is referred to herein called a as the “Closing Payment”).. 3.3

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Hartman vREIT XXI, Inc.)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.15) on each as and when provided in Section 5.2.2 and the Closing Date” (Escrow Instructions”, as hereinafter defined below) (the amount to be paid under this Section 3.2 3.3 being herein called a the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Maguire Properties Inc)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.15) on each “Closing Date” (as defined below) (the and when provided in Section 5.2.2. The amount to be paid under this Section 3.2 being 3.5 is referred to herein called a as the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Regeneron Pharmaceuticals Inc)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the escrow described in Section 5.15) on each “Closing Date” (as defined below) (the and when provided in Section 5.1.2. The amount to be paid under this Section 3.2 being 3.5 is referred to herein called a as the “Closing Payment”).

Appears in 1 contract

Samples: Purchase Agreement (Seattle Genetics Inc /Wa)

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