Common use of Exxxxxx Money Deposit Clause in Contracts

Exxxxxx Money Deposit. Buyer will, within five (5) days after the Effective Date deposit FIVE HUNDRED THOUSAND AND NO/100 U.S. DOLLARS ($500,000.00), and, within one (1) Business Day after the expiration of the Due Diligence Period so long as Buyer has not terminated this Agreement, an additional ONE MILLION AND NO/100 U.S. DOLLARS ($1,000,000.00), (the “Exxxxxx Money Deposit”) with Escrow Agent. The Exxxxxx Money Deposit will be refunded to Buyer if Buyer terminates this Agreement prior to the expiration of the Due Diligence Period as permitted under Section 11.1(a). After the expiration of the Due Diligence Period, the Exxxxxx Money Deposit will be non-refundable to Buyer and will be paid to Seller if this Agreement is terminated for any reason other than Buyer’s termination of this Agreement under Section 11.1(b), Section 11.1(c), Section 11.1(e), Section 11.1(f), Section 11.1(g) or Section 11.2(a)(i). Upon Closing, the Exxxxxx Money Deposit shall be applied to the Purchase Price.

Exxxxxx Money Deposit. Buyer will, within five (5) days after On the Effective Date Date, Buyer shall deposit FIVE HUNDRED EIGHTY THOUSAND AND NO/100 U.S. DOLLARS ($500,000.0080,000.00), and, within one (1) Business Day after upon the expiration of the Due Diligence Period Period, so long as Buyer has not terminated this Agreement, an additional ONE MILLION EIGHTY THOUSAND AND NO/100 U.S. DOLLARS ($1,000,000.00), 80,000.00) (the “Exxxxxx Money Deposit”) with Escrow Agent. The Exxxxxx Money Deposit will be refunded to Buyer if Buyer terminates this Agreement prior to the expiration of the Due Diligence Period as permitted under Section 11.1(a). After the expiration of the Due Diligence Period, the Exxxxxx Money Deposit will be non-refundable to Buyer and will be paid to Seller if this Agreement is terminated for any reason other than Buyer’s 's termination of this Agreement under Section 6.2, Section 11.1(b), Section 11.1(c), Section 11.1(e), Section 11.1(f)) , Section 11.1(g) or Section 11.2(a)(i). Upon Closing, the Exxxxxx Money Deposit shall be applied to the Purchase Price.

Exxxxxx Money Deposit. Buyer will, within five (5) days after On the Effective Date Date, Buyer shall deposit SEVENTY-FIVE HUNDRED THOUSAND AND NO/100 U.S. DOLLARS ($500,000.0075,000.00), and, within one (1) Business Day after upon the expiration of the Due Diligence Period Period, so long as Buyer has not terminated this Agreement, an additional ONE MILLION SEVENTY-FIVE THOUSAND AND NO/100 U.S. DOLLARS ($1,000,000.00), 75,000.00) (the “Exxxxxx Money Deposit”) with Escrow Agent. The Exxxxxx Money Deposit will be refunded to Buyer if Buyer terminates this Agreement prior to the expiration of the Due Diligence Period as permitted under Section 11.1(a). After the expiration of the Due Diligence Period, the Exxxxxx Money Deposit will be non-refundable to Buyer and will be paid to Seller if this Agreement is terminated for any reason other than Buyer’s 's termination of this Agreement under Section 6.2, Section 11.1(b), Section 11.1(c), Section 11.1(e), Section 11.1(f)) , Section 11.1(g) or Section 11.2(a)(i). Upon Closing, the Exxxxxx Money Deposit shall be applied to the Purchase Price.

Exxxxxx Money Deposit. Buyer will, within five (5) days after the Effective Date deposit FIFTY EIGHT THOUSAND FIVE HUNDRED THOUSAND AND NO/100 U.S. DOLLARS ($500,000.0058,500.00), and, within one two (12) Business Day business days after the expiration of the Due Diligence Period so long as Buyer has not terminated this Agreement, an additional ONE MILLION FIFTY EIGHT THOUSAND FIVE HUNDRED AND NO/100 U.S. DOLLARS ($1,000,000.00), 58,500.00) (the “Exxxxxx Money Deposit”) with Escrow Agent. The Exxxxxx Money Deposit will be refunded to Buyer if Buyer terminates this Agreement prior to the expiration of the Due Diligence Period as permitted under Section 11.1(a). After the expiration of the Due Diligence Period, the Exxxxxx Money Deposit will be non-refundable to Buyer and will be paid to Seller if this Agreement is terminated for any reason other than Buyer’s 's termination of this Agreement under Section 11.1(b), Section 11.1(c), Section 11.1(e), Section 11.1(f), Section 11.1(g) or Section 11.2(a)(i). Upon Closing, the Exxxxxx Money Deposit shall be applied to the Purchase Price.