Common use of Independent Consideration Clause in Contracts

Independent Consideration. The sum of One Hundred Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (KBS Real Estate Investment Trust II, Inc.), Agreement of Sale and Purchase (KBS Real Estate Investment Trust II, Inc.)

AutoNDA by SimpleDocs

Independent Consideration. The sum of One Hundred Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company Escrow Agent to Seller.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Cb Richard Ellis Realty Trust)

Independent Consideration. The sum of One Hundred Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser Buyer under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Informatica Corp)

Independent Consideration. The sum of One Hundred Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Exxxxxx Money Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)

Independent Consideration. The sum of One Hundred Dollars ($100.00) (the "Independent Consideration") out of the Xxxxxxx Earnest Money Deposit is independent of any other consideration provided hereunderprovidxx xxxxunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller. This provision shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Franklin Street Properties Corp /Ma/)

Independent Consideration. The sum of One Hundred Xxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Initial Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser Buyer under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller.. B.

Appears in 1 contract

Samples: Purchase Agreement

Independent Consideration. The sum of One Hundred and No/00 United States Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser Buyer under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller.

Appears in 1 contract

Samples: Purchase Agreement (Behringer Harvard Opportunity REIT II, Inc.)

AutoNDA by SimpleDocs

Independent Consideration. The sum of One Hundred Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller Sellers upon the Effective Date hereof, and is not refundable to Purchaser under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to SellerSellers.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (HGR Liquidating Trust)

Independent Consideration. The sum of One Hundred Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser Buyer under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller.. B.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Independent Consideration. The sum of One Hundred Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Initial Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser Buyer under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller.

Appears in 1 contract

Samples: Purchase Agreement (Excelsior Lasalle Property Fund Inc)

Independent Consideration. The sum of One Hundred Xxx Xxxxxxx xxx Xx/000 Xxxxxx Xxxxxx Dollars ($100.00) (the “Independent Consideration”) out of the Xxxxxxx Money Initial Deposit is independent of any other consideration provided hereunder, shall be fully earned by Seller upon the Effective Date hereof, and is not refundable to Purchaser Buyer under any circumstances. Accordingly, if this Agreement is terminated for any reason by either party, the Independent Consideration shall be paid by the Title Company to Seller.

Appears in 1 contract

Samples: Purchase Agreement (Jones Lang LaSalle Income Property Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!