Common use of Earnest Money Deposit Clause in Contracts

Earnest Money Deposit. An Xxxxxxt Money Deposit in thx xxxxxt of $50,000 shall be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived by Escrow Agent by such deadline. The Earnest Money Deposit paid xx Xxxxr shall be held as specifically provided in this Agreement and shall be applied to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

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Earnest Money Deposit. An Xxxxxxt Ax Xxxxxst Money Deposit in thx xxxxxt xxx xxxunt of $50,000 50,000.00 shall be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived nox xxxxxved by Escrow Agent by such deadline. The Earnest Money Deposit paid xx Xxxxr Xxxer shall be held as specifically provided in this Agreement and shall be applied to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

Earnest Money Deposit. An Xxxxxxt Exxxxxx Money Deposit in thx xxxxxt the xxxxxx of $50,000 shall be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived not xxxxxxxd by Escrow Agent by such deadline. The Earnest Money Deposit paid xx Xxxxr shall by Xxxxx xhall be held as specifically provided in this Agreement and shall be applied to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

Earnest Money Deposit. An Xxxxxxt Earnest Money Deposit in thx xxxxxt Depoxxx xx the amount of $50,000 shall 10,000 xxxxx be delivered to Escrow Agent within three (3) business days after the date of full execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to by the otherparties. The Escrow Agent shall invest the Earnest Money Deposit in an interest bearing acxxxxx xt First Union National Bank. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived not received by Escrow Agent Xxxxx by such deadline. The Earnest Money Deposit paid xx Xxxxr shall be held as specifically provided returned to Buxxx xx Closing or in this Agreement and shall be applied to the case of a cash purchase, credited against the Purchase Price at the Closingand delivered to Seller.

Appears in 1 contract

Samples: Contribution Agreement (Regency Realty Corp)

Earnest Money Deposit. An Xxxxxxt Earnest Money Deposit in thx xxxxxt Dexxxxx xn the amount of $50,000 shall xxxxl be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived not received by Escrow Agent Exxxxx Xgent by such deadline. The Earnest Money Deposit paid xx Xxxxr by Buyer shall be held as xxxx xs specifically provided in this Agreement and shall be applied to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

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Earnest Money Deposit. An Xxxxxxt Ax Xxxxxst Money Deposit in thx xxxxxt xxx xxxunt of $50,000 25,000 shall be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived xxx xxceived by Escrow Agent by such deadline. The Earnest Money Deposit paid xx Xxxxr Xxxer shall be held as specifically provided in this Agreement and shall be applied to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

Earnest Money Deposit. An Xxxxxxt Money Deposit Earnest Monxx Xxxxsit in thx xxxxxt the amount of $50,000 00,000.00 shall be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived not received by Escrow Xxxxxx Agent by such deadline. The Earnest Money Deposit shall also includx xxx additional deposit to be made by Buyer under Section 3.1(a) below, if and when made, and the earnings. The Earnest Money Deposit paid by Buyer shaxx xx Xxxxr shall be held xeld as specifically provided in this Agreement and shall be applied to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

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