Common use of Nature of Deposit Clause in Contracts

Nature of Deposit. The Deposit is entirely non-refundable to Buyer, except as otherwise provided in this Restated Agreement. The Deposit (together with any interest earned thereon while, but only while, held by Escrow Holder) shall be applied and credited to the Purchase Price at the Close of Escrow and allocated among the Properties in the same proportion that the allocated prices bear to the Purchase Price in accordance with Schedule H.

Nature of Deposit. The Deposit is entirely shall be non-refundable to Buyer, except as otherwise provided in this Restated Agreement. The Deposit (together with any interest earned thereon while, but only while, held by Escrow Holder) shall be applied and credited to the Purchase Price at the Close of Escrow and allocated among the Properties in the same proportion that the allocated prices bear to the Purchase Price in accordance with Schedule H.Escrow.

Nature of Deposit. The Deposit is entirely non-refundable to Buyer, except as otherwise provided in this Restated Agreement. The Deposit (together with any interest earned thereon while, but only while, held by Escrow Holder) shall be applied and credited to the Purchase Price at the Close of Escrow and allocated among the Properties in the same proportion that the allocated prices bear to the Purchase Price in accordance with Schedule H.Escrow.

Nature of Deposit. The Deposit is thereafter shall be entirely non-refundable to Buyer, except as otherwise provided in this Restated Agreement. The Deposit (together with any interest earned thereon while, but only while, held by Escrow Holderthereon) shall be applied and credited to the Purchase Price at the Close of Escrow and allocated among the Properties in the same proportion that the allocated prices bear to the Purchase Price in accordance with Schedule H.Escrow.