PAYMENT OF THE PRINCIPAL AMOUNT. The Holder hereby irrevocably and unconditionally agrees to pay the Purchase Amount of this LRO, as set forth above, in U.S. dollars in immediately available funds, by intra-institution book entry transfer to the Company from the Holder’s designated sub-account in the Groundfloor Investor FBO Account.
Appears in 3 contracts
Samples: Limited Recourse Obligation Agreement (Groundfloor Real Estate 1, LLC), Limited Recourse Obligation Agreement (Groundfloor Real Estate 3, LLC), Limited Recourse Obligation Agreement (Groundfloor Real Estate 1, LLC)
PAYMENT OF THE PRINCIPAL AMOUNT. The Holder hereby irrevocably and unconditionally agrees to pay the Purchase Amount of this LRO, as set forth above, in U.S. dollars in immediately available funds, by intra-institution book entry transfer to the Company from the Holder’s holder's designated sub-account in the Groundfloor Investor FBO Account.
Appears in 2 contracts
Samples: Limited Recourse Obligation Agreement (Bluechipcar, Inc), Limited Recourse Obligation Agreement (Bluechipcar, Inc)
