Extension Deposit. Buyer has deposited with Escrow Agent an amount equal to Nine Million Twenty-Three Thousand Two Hundred Fifty-Nine and 58/100 Dollars ($9,023,259.58) (the “Extension Deposit”) in consideration of the extension of the Closing Date, which shall be deemed earned by Seller as of the Closing and disbursed in accordance with Section 3.2(a) below.
Extension Deposit. In the event Buyer exercises Buyer's Election (as described below) to extend the Due Diligence Period and Closing Date as provided in Section 3.3(b) hereof, Buyer shall increase the Deposit to Two Hundred Thousand Dollars ($200,000).
Extension Deposit. The Purchaser shall be responsible for funding any and all amounts that may be required under Parent’s Organizational Documents and the Investment Management Trust Agreement in order to extend the period of time for Parent to consummate a Business Combination (as such term is defined in Parent’s Organizational Documents) (each of such extension, an “Extension”).
Extension Deposit. The last sentence of Section 8.2 of the Purchase Agreement is hereby deleted in its entirety, and all references in the Purchase Agreement to the “Extension Deposit” are hereby deleted.
Extension Deposit. Three Hundred Fifty Thousand and No/100 Dollars ($350,000.00). -----------------
Extension Deposit. The last sentence of Section 8.2 of the Purchase Agreement is hereby deleted in its entirety and the following text is inserted in lieu thereof: “Notwithstanding the foregoing or the provisions of Section 2.2 above, Buyer shall have the right to extend the original Closing Date for an additional fifteen days (until September 27, 2011), upon Buyer’s (i) delivery of written notice to Seller no later than 5:00 p.m. Central Standard Time on September 12, 2011, and (ii) deposit of cash or other immediately available funds in escrow with the Title Company in the amount of One Million Dollars ($1,000,000) no later than 5:00 p.m. Central Standard Time on September 12, 2011 (the “Extension Deposit”).”
Extension Deposit. The additional xxxxxxx money deposit(s) paid by Buyer concurrently with its delivery of an Extension Notice to Seller, in the amount of One Hundred Thousand and No/100ths Dollars ($100,000.00).
Extension Deposit. $1,000,000, plus interest thereof (and, together with Initial Xxxxxxx Money and the Additional Xxxxxxx Money, the “Xxxxxxx Money”).
Extension Deposit. On November 20, 2015, ArchCo gave an Outside Closing Date Extension Notice to Seller in accordance with Section 2.4(c) of the Purchase Agreement. The date by which Purchaser must deposit the Extension Deposit relating to the Outside Closing Date Extension Notice is extended until November 30, 2015. The Outside Closing Date Extension Notice given by ArchCo shall be deemed to extend the Closing Date until not later than January 6, 2016, as provided in Section 2 of this Amendment.
Extension Deposit. Section 2.03(c) of the Purchase and Sale Agreement shall be amended by removing any reference to the Extension Deposit, so that the Deposit shall consist only of the Initial Deposit, the Additional Deposit and the Final Deposit.
