Common use of Holder of Xxxxxxx Money Clause in Contracts

Holder of Xxxxxxx Money. The xxxxxxx money shall be deposited into Holder’s escrow/trust account (with Holder being permitted to retain the interest if the account is interest bearing) not later than: (a) five (5) banking days after the Binding Agreement Date hereunder or (b) five (5) banking days after the date it is actually received if it is received after the Binding Agreement Date. If Buyer writes a check for xxxxxxx money and the same is deposited into Holder’s escrow/trust account, Holder shall not return the xxxxxxx money until the check has cleared the account on which the check was written. In the event any xxxxxxx money check is dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement timely, Seller’s right to terminate based on the default shall be waived.

Holder of Xxxxxxx Money. The xxxxxxx money shall be deposited into Holder’s escrow/trust account (with Holder being permitted to retain the interest if the account is interest bearing) not later than: (a) five (5) banking days after the Binding Agreement Date hereunder or (b) five (5) banking days after the date it is actually received if it is received after the Binding Agreement Date. If Buyer writes a check or pays with an ACH for xxxxxxx money and the same is deposited into Holder’s escrow/trust account, Holder shall not return the xxxxxxx money until the check or ACH has cleared the account on which the check was writtenwritten or from which the ACH was sent. In the event any xxxxxxx money check is dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement timely, Seller’s right to terminate based on the default shall be waived.

Holder of Xxxxxxx Money. The Th xxxxxxx money shall be deposited into Holder’s escrow/trust account (with Holder being permitted to retain the interest if the account is interest bearing) not later than: (a) five (5) banking days after the Binding Agreement Date hereunder or (b) five (5) banking days after the date it is actually received if it is received after the Binding Agreement Date. If Buyer writes a check for xxxxxxx money and the same is deposited into Holder’s escrow/trust account, Holder shall not return the xxxxxxx money until the check has cleared the account on which the check was written. In the event any xxxxxxx money check is dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement timely, Seller’s right to terminate based on the default shall be waived.

Holder of Xxxxxxx Money. The xxxxxxx money will be paid to Holder in a method of payment acceptable to the Holder. Xxxxxx has the right to charge Buyer for any cost associated with receiving of xxxxxxx money. Such charge shall be collected separately from the payment of xxxxxxx money. The xxxxxxx money will be deposited into HolderXxxxxx’s escrow/trust account (with Holder Xxxxxx being permitted to retain the interest if the account is interest bearing) not later than: (a) five (5) banking days after the Binding Agreement Date hereunder or (b) five (5) banking days after the date it is actually received if it is received after the Binding Agreement Date. If Buyer Xxxxx writes a check or pays with an ACH for xxxxxxx money and the same is deposited into HolderXxxxxx’s escrow/trust account, Holder shall not return the xxxxxxx money until the check or ACH has cleared the account on which the check was writtenwritten or from which the ACH was sent. In the event any xxxxxxx money check is dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement timely, Seller’s right to terminate based on the default shall be waived.

Holder of Xxxxxxx Money. The xxxxxxx money shall be deposited into HolderXxxxxx’s escrow/trust account (with Holder Xxxxxx being permitted to retain the interest if the account is interest bearing) not later than: (a) five (5) banking days after the Binding Agreement Date hereunder or (b) five (5) banking days after the date it is actually received if it is received after the Binding Agreement Date. If Buyer Xxxxx writes a check for xxxxxxx money and the same is deposited into HolderXxxxxx’s escrow/trust account, Holder shall not return the xxxxxxx money until the check has cleared the account on which the check was written. In the event any xxxxxxx money check is dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement timely, Seller’s right to terminate based on the default shall be waived.

Holder of Xxxxxxx Money. The xxxxxxx money shall be deposited into Holder’s 's escrow/trust account (with Holder being permitted to retain the interest if the account is interest bearing) not later than: (a) five (5) banking days after the Binding Agreement Date hereunder or (b) five (5) banking days after the date it is actually received if it is received after the Binding Agreement Date. If Buyer writes a check for xxxxxxx money and the same is deposited into Holder’s 's escrow/trust account, Holder shall not return the xxxxxxx money until the check has cleared the account on which the check was written. In the event any xxxxxxx money check is dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement timely, Seller’s right to terminate based on the default shall be waived.seven

Holder of Xxxxxxx Money. The xxxxxxx money shall be deposited into Holder’s escrow/trust account (with Holder being permitted to retain the interest if the account accou t is interest bearing) not later than: (a) five (5) banking days after the Binding Agreement Date hereunder or (b) five (5) banking days after the date it is actually received if it is received after the Binding Agreement Date. If Buyer writes a check or pays with an ACH for xxxxxxx money and the same is deposited into Holder’s escrow/trust account, Holder shall not return the xxxxxxx money until the check or ACH has cleared the account on which the check was writtenwritten or from which the ACH was sent. In the event any xxxxxxx money check is dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not n t do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement timely, Seller’s right to terminate based on the default shall be waived.

Holder of Xxxxxxx Money. The xxxxxxx money shall be deposited into Holder’s escrow/trust account (with Holder being permitted to retain the interest if the account is interest bearing) not later than: (a) five (5) banking days after a ter the Binding Agreement Date hereunder or (b) five (5) banking days after the date it is actually received if it is received after the Binding Agreement Date. If Buyer writes a check or pays with an ACH for xxxxxxx money and the same is deposited into Holder’s escrow/trust accountacc unt, Holder shall not return the xxxxxxx money until the check or ACH has cleared the account on which the check was writtenwritten or from which the ACH was sent. In the event any xxxxxxx money check is dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement timely, Seller’s right to terminate based on the default shall be waived.. R

Holder of Xxxxxxx Money. The xxxxxxx money shall be deposited into Holder’s escrow/trust account (with Holder being permitted to retain the interest if the account is interest bearing) not later than: (a) five (5) banking days after the Binding Agreement Date hereunder or (b) five (5) banking days after a ter the date it is actually received if it is received after the Binding Agreement Date. If Buyer writes a check or pays with an ACH for xxxxxxx money and the same is deposited into Holder’s escrow/trust account, Holder shall not return the xxxxxxx money until the check or ACH has cleared the account on which the check was writtenwritten or from which the ACH was sent. In the event any xxxxxxx money check is i dishonored by the bank upon which it is drawn, or xxxxxxx money is not timely paid, Holder shall promptly give notice of the same to Buyer and Seller. Buyer shall have three (3) banking days from the date of receiving the notice to cure the default and if Buyer does not do so, Seller may within seven (7) days thereafter terminate this Agreement upon notice to Buyer. If Seller fails to terminate the Agreement Agreem nt timely, Seller’s right to terminate based on the default shall be waived.