Investment of Deposit. Escrow Holder shall place the Deposit in an interest-bearing account with a bank or savings association, the deposits of which are federally insured (up to the amount of One Hundred Thousand and No/100ths Dollars ($100,000.00), as directed in writing by Buyer, with notice to Seller. All references in this Agreement to the Deposit shall include the interest thereon.
Appears in 2 contracts
Samples: Purchase and Sale and Ground Lease Assignment and Assumption Agreement and Escrow Instructions (Pan Pacific Retail Properties Inc), Purchase and Sale Agreement (Pan Pacific Retail Properties Inc)
Investment of Deposit. Escrow Holder shall place the Deposit in an interest-bearing account with a bank or savings association, the deposits of which are federally insured (up to the amount of One Hundred Thousand and No/100ths Dollars ($100,000.00), as directed in writing by BuyerCompany, with notice to SellerContributor. All references in this Agreement to the Deposit shall include the interest thereon.
Appears in 1 contract
Samples: Contribution Agreement and Escrow Instructions (Pan Pacific Retail Properties Inc)
Investment of Deposit. Escrow Holder shall place the Deposit in an interest-bearing account with a bank or savings association, the deposits of which are federally insured (up to the amount of One Hundred Thousand and No/100ths Dollars ($100,000.00)), as directed in writing by Buyer, with notice to Seller. All references in this Agreement to the Deposit shall include the interest thereon.
Appears in 1 contract
Samples: Purchase and Sale Agreement and Escrow Instructions (Pro Dex Inc)
Investment of Deposit. Escrow Holder shall place the Deposit in an interest-bearing account with a bank or savings association, the deposits of which are federally insured (up to the amount of One Hundred Thousand and No/100ths Dollars ONE HUNDRED THOUSAND AND NO/DOLLARS ($100,000.00), as directed in writing by Buyer, with notice to Seller. All references in this Agreement to the Deposit shall include the interest thereon.
Appears in 1 contract
Samples: Purchase and Sale Agreement and Escrow Instructions (Pan Pacific Retail Properties Inc)
Investment of Deposit. Escrow Holder shall place the Deposit in an interest-bearing account with a bank or savings association, the deposits of which are federally insured (up to the amount of One Hundred Thousand and No/100ths Dollars ($100,000.00100,000)), as directed in writing by Buyer, with notice to Seller. All references in this Agreement to the Deposit, the Non-Refundable Deposit and the Refundable Deposit shall include the interest thereon.
Appears in 1 contract
Samples: Purchase and Sale Agreement and Escrow Instructions (Pan Pacific Retail Properties Inc)
