Common use of INITIAL DEPOSIT/ADDITIONAL DEPOSITS Clause in Contracts

INITIAL DEPOSIT/ADDITIONAL DEPOSITS. Escrow Agent shall receive an initial deposit in the amount set forth in Section 3.1 of the Agreement. Any additional amounts deposited with Escrow Agent shall be added to the initial deposit and together with the initial deposit and all interest and other earnings thereon shall be referred to herein collectively as the “Escrow Fund”.

Appears in 7 contracts

Samples: Purchase and Sale Agreement With Atm Leaseback, Purchase and Sale Agreement, Auction Real Estate Sales Contract

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