Forfeiture of Xxxxxxx Money Sample Clauses

Forfeiture of Xxxxxxx Money. If for any reason, including but not limited to Homebuyer(s) inability to obtain financing, Homebuyer(s) fail to purchase the Property from TRU Cash or otherwise fail to satisfy the terms of the Resale Contract or this Agreement, the Parties agree that all xxxxxxx money held on deposit will be immediately paid to TRU Cash. All xxxxxxx money comprises:
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Forfeiture of Xxxxxxx Money a) If the Bidders withdraw their Bids after opening of the same or the successful bidders withdraw their Bids after approval of their rates.
Forfeiture of Xxxxxxx Money. The xxxxxxx money will be forfeited in the following cases:
Forfeiture of Xxxxxxx Money. In the event of forfeiture of the xxxxxxx money made by a prospective buyer, the monies received, after expenses incurred by Xxxxxx, shall be divided between Broker and Seller, one-half thereof to Broker, but not to exceed the commission agreed upon herein, and the balance to Seller.
Forfeiture of Xxxxxxx Money. In the event of forfeiture of the Deposit by Buyer, all sums forfeited shall automatically become the sole property of Seller.
Forfeiture of Xxxxxxx Money. If Seller complies with the terms and conditions of this Agreement and Purchaser fails or refuses to complete its purchase of the Subject Real Property, then the Xxxxxxx Money, together with all accrued interest, shall be forfeited to Seller as liquidated damages unless Seller elects to enforce this Agreement or seek actual damages. If the Xxxxxxx Money and accrued interest is forfeited as liquidated damages, the same shall, after deduction of authorized expenses, be paid to Seller by the closing agent.
Forfeiture of Xxxxxxx Money. Seller may terminate this Agreement and keep that portion of the Xxxxxxx Money that does not exceed five percent (5%) of the Purchase Price as liquidated damages as the sole and exclusive remedy available to Seller for such failure.
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Forfeiture of Xxxxxxx Money. (a) If the Purchaser has not deposited the Additional Xxxxxxx Money Amount with Shareholders’ Counsel as contemplated by Section 3.3(b) and the Closing has not occurred on or prior to the Initial Expiration Date for any reason other than Shareholders’ Failure, then the Purchaser shall forfeit all rights to the Initial Xxxxxxx Money Amount, Shareholders’ Counsel shall pay such amount to the Company in accordance with the Xxxxxxx Money Escrow Agreement and this Agreement shall terminate forthwith.
Forfeiture of Xxxxxxx Money. That portion of the Xxxxxxx Money that does not exceed five percent (5%) of the Purchase Price shall be forfeited to the Seller as the sole and exclusive remedy available to Seller for such failure.

Related to Forfeiture of Xxxxxxx Money

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.”

  • Xxxxxxx Money After acceptance by all Parties, the Buyer agrees to make a payment in the amount of $ as consideration by , 20 at : ☐ AM ☐ PM (“Xxxxxxx Money”). The Xxxxxxx Money shall be applied to the Purchase Price at Closing and subject to the Buyer’s ability to perform under the terms of this Agreement. Any Xxxxxxx Money accepted ☐ is ☐ is not required to be placed in a separate trust or escrow account in accordance with State law.

  • Xxxxxxxx-Xxxxx Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with any provision of the Xxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated in connection therewith (the “Xxxxxxxx-Xxxxx Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • Xxxxxx Xxxxxx Purchase Order and Sales Contact Email Please enter a valid email address that will definitely reach the Purchase Order and Sales Contact. 2 xxxx@xxxxxx.xxx Purchase Order and Sales Contact Phone Numbers only, no symbols or spaces (Ex. 8668398477). The system will auto-populate your entry with commas once submitted which is appropriate and expected (Ex. 8,668,398,477). 2 3 9724366161 Company Website Company Website (Format - xxx.xxxxxxx.xxx) 2 4 xxx.xxxxxx.xxx Entity D/B/A's and Assumed Names You must confirm that you are responding to this solicitation under your legal entity name. Go now to your Supplier Profile in this eBid System and confirm that your profile reflects your "Legal Name" as it is listed on your W9. In this question, please identify all of your entity's assumed names and D/B/A's. Please note that you will be identified publicly by the Legal Name under which you respond to this solicitation unless you organize otherwise with TIPS after award. 5 No response Primary Address Primary Address 2 000 X XX XXX 000, XXX 000 Primary Address City Primary Address City 7 Lewisivlle Primary Address State Primary Address State (2 Digit Abbreviation) 2 8 TX Primary Address Zip Primary Address Zip 9 75057 Search Words Identifying Vendor Please list all search words and phrases to be included in the TIPS database related to your entity. Do not list words which are not associated with the bid category/scope (See bid title for general scope). This will help users find you through the TIPS website search function. You may include product names, manufacturers, specialized services, and other words associated with the scope of this solicitation. Data Cabling, A/V Cabling, Projectors, Interactive Flat Panels, Audio Reinforcement, Installation, Speakers, Charging Cabinets, Chromebook Programming and Distribution Certification of Vendor Residency (Required by the State of Texas) Does Vendor's parent company or majority owner:

  • Xxxxxxx Xxxxx Purchase Order and Sales Contact Email Please enter a valid email address that will definitely reach the Purchase Order and Sales Contact. 2 x.xxxxx@xxxxxxxxxxxxxxxxxxx.xxx Purchase Order and Sales Contact Phone Numbers only, no symbols or spaces (Ex. 8668398477). The system will auto-populate your entry with commas once submitted which is appropriate and expected (Ex. 8,668,398,477). 2 3 8168426066 Company Website Company Website (Format - xxx.xxxxxxx.xxx) 2 4 xxxxxxxxxxxxxxxxxxx.xxx Entity D/B/A's and Assumed Names You must confirm that you are responding to this solicitation under your legal entity name. Go now to your Supplier Profile in this eBid System and confirm that your profile reflects your "Legal Name" as it is listed on your W9. In this question, please identify all of your entity's assumed names and D/B/A's. Please note that you will be identified publicly by the Legal Name under which you respond to this solicitation unless you organize otherwise with TIPS after award. 5 XxXxxxxxx and Associates Corp. Primary Address Primary Address 2 6 0000 Xxxx Xxxxxx Primary Address City Primary Address City 2 North Kansas City Primary Address State Primary Address State (2 Digit Abbreviation) 2 8 Missouri Primary Address Zip Primary Address Zip 9 64116 Search Words Identifying Vendor Please list all search words and phrases to be included in the TIPS database related to your entity. Do not list words which are not associated with the bid category/scope (See bid title for general scope). This will help users find you through the TIPS website search function. You may include product names, manufacturers, specialized services, and other words associated with the scope of this solicitation. asphalt, concrete, sealcoat, crack fill, tennis, running track, pickleball, pavement maintenance, Certification of Vendor Residency (Required by the State of Texas) Does Vendor's parent company or majority owner:

  • Xxxxx Xxxxxxx Purchase Order and Sales Contact Email Please enter a valid email address that will definitely reach the Purchase Order and Sales Contact. 2 2 xxxxxxxxxx@xxxxxxxxxx.xxx Purchase Order and Sales Contact Phone Numbers only, no symbols or spaces (Ex. 8668398477). The system will auto-populate your entry with commas once submitted which is appropriate and expected (Ex. 8,668,398,477). 2 3 2622480926 Company Website Company Website (Format - xxx.xxxxxxx.xxx) 2 4 xxxxx://xxxxxxxxxxxxxxxxxxxxx.xxx/ Entity D/B/A's and Assumed Names You must confirm that you are responding to this solicitation under your legal entity name. Go now to your Supplier Profile in this eBid System and confirm that your profile reflects your "Legal Name" as it is listed on your W9. In this question, please identify all of your entity's assumed names and D/B/A's. Please note that you will be identified publicly by the Legal Name under which you respond to this solicitation unless you organize otherwise with TIPS after award. 5 No response Primary Address Primary Address 2 0000 Xxxxx Xxxxxxx 00 Primary Address City Primary Address City 7 Delavan Primary Address State Primary Address State (2 Digit Abbreviation) 2 8 WI Primary Address Zip Primary Address Zip 9 53115 Search Words Identifying Vendor Please list all search words and phrases to be included in the TIPS database related to your entity. Do not list words which are not associated with the bid category/scope (See bid title for general scope). This will help users find you through the TIPS website search function. You may include product names, manufacturers, specialized services, and other words associated with the scope of this solicitation. 0 energy efficiency, energy-as-a-service, refrigeration, HVAC, power optimization, water conservation, powerhouse, power quality, toilets, hvac controls, advanced roof top controls, refrigeration controls, solar cooling Certification of Vendor Residency (Required by the State of Texas) Does Vendor's parent company or majority owner:

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