NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this Contract, Purchaser has delivered to Seller and Seller hereby acknowledges the receipt of a check in the amount of $100 ("Independent Contract Consideration"), which amount the parties bargained for and agreed to as consideration for Purchaser's exclusive right to inspect and purchase the Property pursuant to this Contract and for Seller's execution, delivery and performance of this Contract. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Contract, is nonrefundable, and it is fully earned and will be retained by Seller notwithstanding any other provision of this Contract.
Appears in 5 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.), Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.)
NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this Contract, Purchaser Buyer has delivered to Seller and Seller hereby acknowledges the receipt of a check in the amount of One Hundred Dollars ($100 100.00) ("“Independent Contract Consideration"”), which amount the parties bargained for and agreed to as consideration for Purchaser's Buyer’s exclusive right to inspect and purchase the Property pursuant to this Contract and for Seller's ’s execution, delivery and performance of this Contract. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Contract, is nonrefundable, and it is fully earned and will shall be retained by Seller notwithstanding any other provision of this Contract.
Appears in 4 contracts
Samples: Contract of Sale (Grubb & Ellis Apartment REIT, Inc.), Contract of Sale (NNN Apartment REIT, Inc.), Contract of Sale (Grubb & Ellis Apartment REIT, Inc.)
NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this ContractAgreement, Purchaser Buyer has delivered to Seller and Seller hereby acknowledges the receipt of a check cash in the amount of $100 100.00 ("Independent Contract ConsiderationINDEPENDENT CONTRACT CONSIDERATION"), which amount the parties bargained for and agreed to as consideration for PurchaserBuyer's exclusive right to inspect and purchase the Property pursuant to this Contract Agreement and for Seller's execution, delivery and performance of this ContractAgreement. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this ContractAgreement, is nonrefundable, and it is fully earned and will shall be retained by Seller notwithstanding any other provision of this ContractAgreement.
Appears in 2 contracts
Samples: Purchase Agreement (Carlyle Real Estate LTD Partnership Xi), Purchase Agreement and Joint Escrow Instructions (Carlyle Real Estate LTD Partnership Xvii)
NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this Contract, Purchaser has delivered to Seller and Seller hereby acknowledges the receipt of a check in the amount of $100 ("Independent Contract Consideration"), which amount the parties bargained for and agreed to as consideration for Purchaser's exclusive right to inspect and purchase the Property pursuant to this Contract and for Seller's execution, delivery and performance of this Contract. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Contract, is nonrefundable, and it is fully earned and will be retained by Seller notwithstanding any other provision of this Contract.. Purchase and Sale Agreement15233085_2 22
Appears in 1 contract
Samples: Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.)
NONREFUNDABLE CONSIDERATION. Contemporaneously with the execution and delivery of this Contract, Purchaser Buyer has delivered to Seller and Seller hereby acknowledges the receipt of a check in the amount of One Hundred Dollars ($100 100.00) ("Independent Contract Consideration"), which amount the parties bargained for and agreed to as consideration for PurchaserBuyer's exclusive right to inspect and purchase the Property pursuant to this Contract and for Seller's execution, delivery and performance of this Contract. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Contract, is nonrefundable, and it is fully earned and will shall be retained by Seller notwithstanding any other provision of this Contract.
Appears in 1 contract
Samples: Contract of Sale (G Reit Inc)
