Common use of Independent Contract Consideration Clause in Contracts

Independent Contract Consideration. The sum of $100.00 (the “Independent Contract Consideration”) is a non-refundable portion of the Xxxxxxx Money as consideration for Buyer’s exclusive right to inspect and purchase the Property pursuant to this Agreement and for Seller’s execution, delivery and performance of this Agreement. Any reference in this Agreement to Buyer receiving back the Xxxxxxx Money means the Title Company shall return the Xxxxxxx Money (less the non-refundable Independent Contract Consideration) to Buyer and deliver the Independent Contract Consideration to Seller.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Industrial Property Trust Inc.), Purchase and Sale Agreement (Industrial Property Trust Inc.), Purchase and Sale Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)

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Independent Contract Consideration. The sum of $100.00 (the “Independent Contract Consideration”) is a non-refundable portion of the Xxxxxxx Money Deposit as consideration for BuyerPurchaser’s exclusive right to inspect and purchase the Property Interests pursuant to this Agreement and for Seller’s execution, delivery and performance of this Agreement. Any reference in this Agreement to Buyer Purchaser receiving back the Xxxxxxx Money Deposit means the Title Company shall return the Xxxxxxx Money Deposit (less the non-refundable Independent Contract Consideration) to Buyer Purchaser and deliver the Independent Contract Consideration to Seller.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (LXP Industrial Trust), Purchase and Sale Agreement (Lepercq Corporate Income Fund L P), Purchase and Sale Agreement (Lepercq Corporate Income Fund L P)

Independent Contract Consideration. The sum of $100.00 (the "Independent Contract Consideration") is a non-refundable portion of the Xxxxxxx Money as consideration for Buyer’s 's exclusive right to inspect and purchase the Property pursuant to this Agreement and for Seller’s 's execution, delivery and performance of this Agreement. Any reference in this the Agreement to Buyer receiving back the Xxxxxxx Money means the Title Company shall return the Xxxxxxx Money (less the non-refundable Independent Contract Consideration) to Buyer and deliver the Independent Contract Consideration to Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Griffin Capital Essential Asset REIT II, Inc.)

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Independent Contract Consideration. The sum of $100.00 (the “Independent Contract Consideration”) is a non-refundable portion of the Xxxxxxx Exxxxxx Money as consideration for Buyer’s 's exclusive right to inspect and purchase the Property pursuant to this Agreement and for Seller’s execution, delivery and performance of this Agreement. Any reference in this Agreement to Buyer receiving back the Xxxxxxx Exxxxxx Money means the Title Company shall return the Xxxxxxx Exxxxxx Money (less the non-refundable Independent Contract Consideration) to Buyer and deliver the Independent Contract Consideration to Seller.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Investors Real Estate Trust)

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