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Common use of Down Payment Clause in Contracts

Down Payment. The down payment paid by the Obligor on each Contract was paid by such Obligor to Seller in the amount and form as set forth on each Contract.

Appears in 4 contracts

Sources: Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc), Master Purchase and Sale Agreement (Autocorp Equities Inc)

Related Clauses

  • Retention Payment
  • Non-Payment
  • Consideration Payment
  • Payment Amount
  • Termination Payment

Parent Clauses

  • Representations and Warranties Regarding Individual Mortgage Loans
  • Representations Warranties and Covenants Remedies for Breach
  • Purchase Price
  • Purchase Price and Payment
  • Payment of Total Purchase Price

Sub-Clauses

  • Failure to Close
  • Escrow Holder
  • Cooperation by parties’ Affiliates
  • Transfers to Newco Entities
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