Independent Consideration. Concurrently with Buyer's delivery of the Initial Deposit, Buyer shall deposit into Escrow the additional sum of One Hundred Dollars ($100.00) as independent consideration for Seller's execution of this Agreement (the "Independent Consideration"). Such Independent Consideration shall be non-refundable to Buyer under all circumstances, and upon the Closing, the Independent Consideration, together with all interest that accrues on the Independent Consideration while in Escrow Agent's control, shall be applied as a credit towards the payment of the Purchase Price.
Appears in 6 contracts
Samples: Purchase and Sale Agreement (TILT Holdings Inc.), Purchase and Sale Agreement (TILT Holdings Inc.), Purchase and Sale Agreement (Ascend Wellness Holdings, LLC)
Independent Consideration. Concurrently with Buyer's the delivery of the Initial Deposit, Buyer shall also deposit into with Escrow Holder the additional sum of One Hundred Dollars ($100.00) as independent consideration for Seller's execution of this Agreement (the "“Independent Consideration"”). Such The Independent Consideration shall be non-refundable to Buyer as independent consideration for the rights extended to Buyer under all circumstancesthis Agreement, and upon the Closing, the Independent Consideration, together with all interest that accrues on the Independent Consideration while in Escrow Agent's control, shall not be applied as a credit towards the payment considered part of the Purchase PriceDeposit.
Appears in 1 contract
Samples: Purchase Agreement (Eaco Corp)
Independent Consideration. Concurrently with Buyer's delivery of the Initial Deposit, Buyer shall deposit into Escrow deliver Seller in cash the additional sum of One Hundred Dollars ($100.00) (the “Independent Consideration”) which amount has been bargained for and agreed to as independent consideration for Buyer’s exclusive option to purchase the Property and the right to inspect the Property as provided herein, and for Seller's ’s execution and delivery of this Agreement (the "Independent Consideration")Agreement. Such The Independent Consideration shall be non-refundable is in addition to Buyer under and independent of all circumstancesother consideration provided in this Agreement, and upon the Closing, the Independent Consideration, together with is nonrefundable in all interest that accrues on the events. The Independent Consideration while in Escrow Agent's control, shall be applied as a credit towards the payment of is not applicable to the Purchase Price.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Independent Consideration. Concurrently with BuyerXxxxx's delivery of the Initial Deposit, Buyer shall deposit into Escrow the additional sum of One Hundred Dollars ($100.00) as independent consideration for Seller's execution of this Agreement (the "Independent Consideration"). Such Independent Consideration shall be non-refundable to Buyer under all circumstances, and upon the Closing, the Independent Consideration, together with all interest that accrues on the Independent Consideration while in Escrow Agent's control, shall be applied as a credit towards the payment of the Purchase Price.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Independent Consideration. Concurrently with Buyer's delivery of the Initial Deposit, Buyer shall deposit into Escrow the additional sum of One Hundred Dollars ($100.00) as independent consideration for Seller's execution of this Agreement (the "Independent Consideration"). Such Independent Consideration shall be non-refundable to Buyer under all circumstances, and upon the Closing, the Independent Consideration, together with all interest that accrues on the Independent Consideration while in Escrow Agent's control, shall be applied as a credit towards the payment of the Initial Purchase Price.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Innovative Industrial Properties Inc)