Common use of Earnxxx Xxxey Deposit Clause in Contracts

Earnxxx Xxxey Deposit. Upon execution hereof, Buyer shall deliver the sum of ONE HUNDRED THOUSAND DOLLARS ($100,000.00) to Charxxx X. Xxxxx, Xx., xx Trustee, to be held by Charxxx X. Xxxxx, Xx., xx Trustee, until the Closing (as defined below) of the transaction contemplated hereby (the "Earnxxx Xxxey Deposit"). The Earnxxx Xxxey Deposit shall be credited toward the Purchase Price at the Closing.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Miller L Dent), Stock Purchase Agreement (Richardson James C Jr)

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Earnxxx Xxxey Deposit. Upon execution hereof, Buyer shall deliver the sum of ONE HUNDRED THOUSAND DOLLARS One Hundred Thousand Dollars ($100,000.00) to Charxxx X. Xxxxx, Xx., xx Trustee, to be held by Charxxx X. Xxxxx, Xx., xx Trustee, until the Closing (as defined below) of the transaction contemplated hereby (the "Earnxxx Xxxey Deposit"). The Earnxxx Xxxey Deposit shall be credited toward the Purchase Price at the Closing.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Richardson James C Jr), Stock Purchase Agreement (Connor Charles Franklin Jr)

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