Common use of Form; Failure to Deposit Clause in Contracts

Form; Failure to Deposit. The Earnest Money and Independent Consideration shall be in the form of a xxxxxxxed or cashier's check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Earnest Money or the Independent Consideration within the time periods xxxxxxed, Seller may terminate this Agreement by written notice to Purchaser, in which event any Earnest Money that has previously been deposited by Purchaser with Escxxx Xxxnt shall be delivered to Seller 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 Earnest Money and Independent Consideration shall be in the form xxx xxxm of a xxxxxxxed certified or cashier's check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Earnest Money or the Independent Consideration within the time periods xxxxxxedtxxx xxxiods required, Seller may terminate this Agreement by written notice to Purchaser, in which event any Earnest Money that has previously prexxxxxxx been deposited by Purchaser with Escxxx Xxxnt Escrow Agent shall be delivered to Seller 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 Earnest Money and Independent Consideration shall be in the form of a xxxxxxxed ox x xxxtified or cashier's check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Earnest Money or the Independent Consideration within the time periods xxxxxxedperxxxx xxquired, Seller may terminate this Agreement by written notice to Purchaser, in which event any Earnest Money that has previously been deposited by Purchaser with Escxxx Xxxnt Xxxxxx Agent shall be delivered to Seller 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.