Common use of Exxxxxx Money Clause in Contracts

Exxxxxx Money. Buyer will deposit with First American Title Insurance Company of Oregon (the "Escrow Agent") cash or certified funds, as exxxxxx money deposits, in the following amounts (collectively, the "Exxxxxx Money"): (i) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after completion of the Audit (as defined below) and the Qualification (as defined below) Buyer will deposit Five Thousand Dollars ($5,000) (the "Initial Deposit") with Escrow Agent. From and after the date of deposit, the Initial Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. (ii) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after Funding Milestone #1 (as defined below) is met Buyer will deposit an additional Five Thousand Dollars ($5,000) (the "First Additional Deposit") with Escrow Agent. From and after the date of deposit, the Second Additional Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. (iii) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after Funding Milestone #2 (as defined below) is met Buyer will deposit an additional Five Thousand Dollars ($5,000) (the "Second Additional Deposit") with Escrow Agent. From and after the date of deposit, the Second Additional Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. At Closing (as defined below), Buyer will receive a credit against the Purchase Price in the amount of the Exxxxxx Money. Provided this Agreement has not been previously terminated in accordance with its terms, the Exxxxxx Money shall become nonrefundable on the date that Buyer makes the Second Additional Deposit, except as otherwise expressly provided in this Agreement.

Exxxxxx Money. Buyer will deposit with First American Title Insurance Company of Oregon South Carolina (the "Escrow Agent") cash or certified funds, as exxxxxx money deposits, in the following amounts (collectively, the "Exxxxxx Money"): (i) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after completion of the Audit (as defined below) and the Qualification (as defined below) Buyer will deposit Five Thousand Dollars ($5,000) (the "Initial Deposit") with Escrow Agent. From and after the date of deposit, the Initial Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. (ii) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after Funding Milestone #1 (as defined below) is met Buyer will deposit an additional Five Thousand Dollars ($5,000) (the "First Additional Deposit") with Escrow Agent. From and after the date of deposit, the Second Additional Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. (iii) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after Funding Milestone #2 (as defined below) is met Buyer will deposit an additional Five Thousand Dollars ($5,000) (the "Second Additional Deposit") with Escrow Agent. From and after the date of deposit, the Second Additional Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. At Closing (as defined below), Buyer will receive a credit against the Purchase Price in the amount of the Exxxxxx Money. Provided this Agreement has not been previously terminated in accordance with its terms, the Exxxxxx Money shall become nonrefundable on the date (the "Nonrefundable Date") that Buyer makes has obtained satisfactory commitments on the Second Additional DepositPlatform from BuildingBits Investors of an amount equal to seventy-five percent (75%) of the Funding Goal (as defined below), except as otherwise expressly provided in this Agreement. Notwithstanding anything in this Agreement to the contrary, at any time prior to the Nonrefundable Date, Buyer may elect in its sole discretion to terminate this Agreement due to the actual or anticipated failure to obtain satisfactory commitments on the Platform from BuildingBits Investors of an amount equal to seventy-five percent (75%) of the Funding Goal by delivering written notice thereof to Seller, in which case this Agreement will terminate, the Escrow Agent shall promptly return any Exxxxxx Money on deposit with Escrow Agent to Buyer, and the parties will have no further obligations hereunder (except for obligations that are expressly intended to survive termination of this Agreement).

Exxxxxx Money. Buyer will deposit with First American Title Insurance Company of Oregon Escrow Agent (the "Escrow Agent"as defined below) cash or certified funds, as exxxxxx money deposits, in the following amounts (collectively, the "Exxxxxx Money"): (i) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after completion of the Audit (as defined below) and the Qualification (as defined below) Buyer will deposit Five Thousand Dollars ($5,000) (the "Initial Deposit") with Escrow Agent. From and after the date of deposit, the Initial Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. (ii) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after Funding Milestone #1 (as defined below) is met Buyer will deposit an additional Five Ten Thousand Dollars ($5,00010,000) (the "First Additional Deposit") with Escrow Agent. From and after the date of deposit, the Second First Additional Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. (iii) Provided this Agreement has not been previously terminated in accordance with its terms, within three (3) business days after Funding Milestone #2 (as defined below) is met Buyer will deposit an additional Five Ten Thousand Dollars ($5,00010,000) (the "Second Additional Deposit") with Escrow Agent. From and after the date of deposit, the Second Additional Deposit will be part of the Exxxxxx Money for all purposes of this Agreement. At Closing (as defined below), Buyer will receive a credit against the Purchase Price in the amount of the Exxxxxx Money. Provided this Agreement has not been previously terminated in accordance with its terms, the Exxxxxx Money shall become nonrefundable on the date that Buyer makes the Second Additional Deposit, except as otherwise expressly provided in this Agreement.