Common use of Form; Failure to Deposit Clause in Contracts

Form; Failure to Deposit. The Initial Xxxxxxx Money and Independent Consideration shall be in the form of a certified or cashier’s check or the wire transfer to Title Company of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Initial Xxxxxxx Money or the Independent Consideration within the time periods required, Seller may terminate this Agreement by written notice to 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.

Form; Failure to Deposit. The Initial Xxxxxxx Money and Independent Consideration shall be in the form of a certified or cashier’s check or the wire transfer to Title Company Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Initial Xxxxxxx Money or the Independent Consideration within the time periods required, Seller may terminate this Agreement by written notice to Purchaser, 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.

Form; Failure to Deposit. The Initial Xxxxxxx Money and Independent Consideration shall be in the form of a certified or cashier’s 's check or the wire transfer to Title Company Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Initial Xxxxxxx Money or the Independent Consideration within the time periods required, Seller may terminate this Agreement by written notice to Purchaser, and thereafter 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.