Form; Failure to Deposit. Each deposit of the Xxxxxxx Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Xxxxxxx Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser, in which event the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Amerivest Properties Inc)
Form; Failure to Deposit. Each deposit of the The Xxxxxxx Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Initial Xxxxxxx Money within the time periods period required, Seller may terminate this Agreement by written notice to Purchaser, in which event and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Form; Failure to Deposit. Each deposit of the The Xxxxxxx Money shall be in the form of a certified or cashier’s (a) check or the (b) wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Xxxxxxx Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser, in which event and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Inland Western Retail Real Estate Trust Inc)
Form; Failure to Deposit. Each deposit of the The Xxxxxxx Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Xxxxxxx Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser, in which event Purchaser and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Wells Real Estate Investment Trust Ii Inc)
Form; Failure to Deposit. Each deposit of the The Xxxxxxx Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Xxxxxxx Money within the time periods required, Seller Sellers may terminate this Agreement by written notice to Purchaser, in which event and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Samples: Purchase Agreement (Inland Western Retail Real Estate Trust Inc)
Form; Failure to Deposit. Each deposit of the The Xxxxxxx Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser Inland fails to timely deposit any portion of the Xxxxxxx Money within the time periods required, Seller Capital I may terminate this Agreement by written notice to PurchaserInland, in which event and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Samples: Agreement to Admit Partner (Inland Western Retail Real Estate Trust Inc)
Form; Failure to Deposit. Each deposit of the Xxxxxxx The Exxxxxx Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser Buyer fails to timely deposit any portion of the Xxxxxxx Exxxxxx Money within the time periods required, Seller may terminate this Agreement by written notice to PurchaserBuyer, in which event the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Hines Real Estate Investment Trust Inc)
Form; Failure to Deposit. Each deposit of the The Xxxxxxx Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser Buyer fails to timely deposit any portion of the Xxxxxxx Money within the time periods required, Seller may terminate this Agreement by written notice to PurchaserBuyer, in which event the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Form; Failure to Deposit. Each deposit of the The Xxxxxxx Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Xxxxxxx Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser, in which event and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Asbury Automotive Group Inc)