Interest Bearing. The Deposit shall be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Seller and reasonably acceptable to Purchaser. All interest and income on the Deposit will be remitted to the party entitled to the Deposit pursuant to this Agreement.
Appears in 7 contracts
Samples: Purchase and Sale Agreement (Preferred Apartment Communities Inc), Purchase and Sale Agreement (Preferred Apartment Communities Inc), Purchase and Sale Agreement (Highwoods Realty LTD Partnership)
Interest Bearing. The Deposit shall be held by Escrow Agent in an interest-bearing escrow account by Escrow Agent with the banking institution set forth in an institution as directed by Seller and reasonably acceptable to PurchaserSection 14.1(a). All interest and income on the Deposit will be remitted to the party entitled to the Deposit pursuant to this Agreement.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Cohen & Steers Income Opportunities REIT, Inc.), Purchase and Sale Agreement, Purchase and Sale Agreement (Nuveen Global Cities REIT, Inc.)
Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Seller Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser. All interest ’s and income on the Deposit will be remitted to the party entitled to the Deposit pursuant to this AgreementSeller’s tax identification or social security numbers are set forth below their signatures.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Banc of California, Inc.), Purchase and Sale Agreement (Industrial Income Trust Inc.), Purchase and Sale Agreement (Industrial Income Trust Inc.)
Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Seller Purchaser and reasonably acceptable to Purchaser. All Seller and (ii) include any interest and income on the Deposit will be remitted to the party entitled to the Deposit pursuant to this Agreementearned thereon.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Strategic Storage Growth Trust, Inc.)
Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Seller Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s tax identification or social security numbers are set forth below its signatures. All interest and income earned on the Deposit will be remitted to shall remain a part of the party entitled to the Deposit pursuant to this AgreementDeposit.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Centerpoint Properties Trust)
Interest Bearing. The Deposit shall be held in an a federally insured, interest-bearing escrow account by Escrow Agent in an institution as directed by Seller and reasonably acceptable to PurchaserAgent. All interest and income on the Deposit will be remitted to the party entitled Purchaser or applied to the Deposit pursuant to this AgreementPurchase Price at Closing.
Appears in 1 contract
Samples: Office Lease (Salesforce Com Inc)
Interest Bearing. The Deposit shall be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Seller Sellers and reasonably acceptable to Purchaser. All interest and income on the Deposit will be remitted to the party entitled to the Deposit pursuant to this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Armada Hoffler Properties, Inc.)
Interest Bearing. The Deposit shall be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Seller and reasonably acceptable to Purchaser. All interest and income on the Deposit will be remitted to the party entitled to the Deposit pursuant to this Agreement.. 5
Appears in 1 contract
Samples: Purchase and Sale Agreement (Behringer Harvard Opportunity REIT II, Inc.)
