Disposition of Deposit. In the event the transaction contemplated by this Agreement shall close, the Deposit shall be applied as a partial payment of the Purchase Price.
Appears in 12 contracts
Samples: Contract of Sale (Hines Global Reit Ii, Inc.), Contract of Sale (KBS Real Estate Investment Trust III, Inc.), Contract of Sale (Strategic Storage Trust, Inc.)
Disposition of Deposit. In the event If the transaction contemplated by this Agreement shall close, then the Deposit shall be applied as a partial payment of the Purchase Price.
Appears in 3 contracts
Samples: Contract of Sale, Contract of Sale (Bebe Stores, Inc.), Contract of Sale (Industrial Income Trust Inc.)
Disposition of Deposit. In If the event the transaction contemplated by this Agreement shall close, then the Deposit shall be applied as a partial payment of the Purchase Price.
Appears in 1 contract
Samples: Contract of Purchase and Sale (Hines Global Reit Ii, Inc.)
Disposition of Deposit. In the event the transaction contemplated by this Agreement shall close, the Deposit shall be applied as a partial payment of the Purchase Price. Any interest earned on the Deposit shall accrue for the benefit of Purchaser.
Appears in 1 contract
Samples: Purchase and Sale Agreement (KBS Legacy Partners Apartment REIT, Inc.)
Disposition of Deposit. In the event If the transaction contemplated by this Agreement shall close, then the Deposit shall be applied as a partial payment of the Purchase Price. If the transaction contemplated by this Agreement shall fail to close then the Deposit shall be delivered to Seller or Purchaser, as the case may be, in accordance with this Agreement.
Appears in 1 contract
Samples: Contract of Sale (KBS Strategic Opportunity REIT II, Inc.)
Disposition of Deposit. In the event the transaction contemplated by this Agreement shall close, the Deposit (and all interest earned thereon) shall be applied as a partial payment of the Purchase Price.
Appears in 1 contract
Samples: Contract of Sale (Hines Real Estate Investment Trust Inc)
