Common use of Interest Bearing Clause in Contracts

Interest Bearing. The Deposit shall (a) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller, and (b) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser's and Seller's tax identification numbers are set forth herein below their signatures.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (RREEF Property Trust, Inc.), Purchase and Sale Agreement (Centene Corp)

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Interest Bearing. The Deposit shall (a) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller, and (b) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser's ’s and Seller's ’s tax identification numbers are set forth herein below their signatures.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Talon Real Estate Holding Corp.), Purchase and Sale Agreement (Cubist Pharmaceuticals Inc)

Interest Bearing. The Deposit shall (ai) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller, Seller and (bii) shall include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser's and Seller's tax identification or social security numbers are set forth herein below their signatures.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Brandywine Realty Trust), Purchase and Sale Agreement (Brandywine Realty Trust)

Interest Bearing. The Deposit shall (ai) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller, Seller and (bii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser's and Seller's tax identification numbers are set forth herein below their signatures.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cedar Shopping Centers Inc)

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Interest Bearing. The Deposit shall (ai) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller, Seller and (bii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser's and Seller's tax identification or social security numbers are set forth herein below their signatures.

Appears in 1 contract

Samples: Purchase and Sale Agreement (RREEF Property Trust, Inc.)

Interest Bearing. The Deposit shall (ai) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller, Seller and (bii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser's ’s and Seller's ’s tax identification numbers are set forth herein below their signatures.

Appears in 1 contract

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

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