Payment of Xxxxxxx Money Sample Clauses

Payment of Xxxxxxx Money. [check one]
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Payment of Xxxxxxx Money. Buyer shall pay, as xxxxxxx money ("Xxxxxxx Money"), upon execution and delivery of this Agreement, the sum of $60,000.00, pursuant to the terms of the Xxxxxx Money Contract. The Xxxxxxx Money shall be deposited with a title company mutually agreeable to the parties, as escrow agent, which Xxxxxxx Money shall be applied, subject to Closing, to the Purchase Price. In the event this Agreement is terminated and the Closing does not occur, the Xxxxxxx Money, together with any earned interest thereon, shall be delivered in the manner set forth in Article 9 hereof.
Sample 1
Payment of Xxxxxxx Money. Upon its receipt, the Sellers' Representative shall deposit the Xxxxxxx Money in a segregated account (which may be interest paying) and shall pay out and distribute it only in accordance with this Section 2.
Sample 1
Payment of Xxxxxxx Money. Upon the receipt of written certification from the Seller claiming the Xxxxxxx Money pursuant to the provisions of this Agreement, Title Company shall promptly forward a copy thereof to the Purchaser and, unless Purchaser within two (2) business days of receipt thereof notifies Title Company of any objection to such requested disbursement of the Xxxxxxx Money, Title Company shall disburse the Xxxxxxx Money to Seller and shall thereupon be released and discharged from any further duty or obligation hereunder. Purchaser acknowledges that, in the event Purchaser shall object to the transfer of the Xxxxxxx Money to Seller, Title Company shall either retain said Xxxxxxx Money or bring an appropriate action or proceeding for leave to deposit the Xxxxxxx Money and Additional Deposit, if any, in a court of competent jurisdiction pending such determination, and Title Company shall have no further obligations hereunder. Title Company shall have no responsibility or obligation with respect to the Additional Xxxxxxx Money.
Sample 1
Payment of Xxxxxxx Money. (a) Contemporaneous with the execution of this Agreement, the Purchaser shall: (i) deliver to Xxxxxx Xxxxxxx Xxxxx & Xxxxxxx, P.A. (“Shareholders’ Counsel”) an Escrow Agreement in a form reasonably acceptable to the Purchaser, Shareholders’ Counsel and the Shareholder Representative (the “Xxxxxxx Money Escrow Agreement”); and (ii) deposit an amount equal to One Hundred Thousand Dollars ($100,000) (the “Initial Xxxxxxx Money Amount”) with Shareholders’ Counsel under the Xxxxxxx Money Escrow Agreement. (b) On or prior to the Initial Expiration Date, the Purchaser may, at its option, deposit an additional amount equal to One Hundred Thousand Dollars ($100,000) (the “Additional Xxxxxxx Money Amount”) with Shareholders’ Counsel under the Xxxxxxx Money Escrow Agreement.
Sample 1
Payment of Xxxxxxx Money. Subject to the due diligence results being satisfactory to Agile Eco, within three business days after completion of the registration procedures in relation to the pledge of the Sale Equity Interest in favour of Agile Eco, Agile Eco shall pay the Xxxxxxx Money. The Xxxxxxx Money has been determined with reference to the aggregate net asset of the Target Companies as at 30 June 2018 in the amount of approximately RMB1.26 billion. The Company agreed to procure a pledge over the Sale Equity Interest in favour of Agile Eco before the payment of the Xxxxxxx Money can be made by Agile Eco to the Company and until Completion. The Company also agreed to provide guarantee in respect of the return of the Xxxxxxx Money by the Company to Agile Eco in case the Disposal does not proceed. Completion will be conditional, among other things:
Sample 1

Related to Payment of Xxxxxxx Money

  • Exxxxxx Money (a) Within the three (3) business days after Seller, Purchaser and the Escrow Agent have executed and delivered the Escrow Agreement, Purchaser shall deposit the Initial Exxxxxx Money to Escrow Agent by federal wire transfer payable to Escrow Agent, which Initial Exxxxxx Money shall be held and released by Escrow Agent in accordance with the terms of this Agreement. (b) Within three (3) business days after the last day of the Inspection Period, Purchaser shall deposit the Additional Exxxxxx Money with Escrow Agent. (c) Within three (3) business days after Purchaser’s receipt of the last of Purchaser’s Due Diligence Updates, Purchaser shall deposit the Second Additional Exxxxxx Money with Escrow Agent. (d) The Escrow Agent shall apply the Exxxxxx Money to the Purchase Price at the Closing and shall otherwise hold, refund, or disburse the Exxxxxx Money in accordance with the terms of this Agreement and in accordance with this Agreement’s terms and conditions and the Escrow Agreement in the form attached hereto as Exhibit “C” (the “Escrow Agreement”), which the Parties and the Escrow Agent shall execute and deliver within two (2) days after the Effective Date. All interest and other income from time to time earned on the Initial Exxxxxx Money, the Additional Exxxxxx Money and the Second Additional Exxxxxx Money shall be earned for the account of Purchaser, and shall be a part of the Exxxxxx Money; and the “Exxxxxx Money” hereunder shall be comprised of the Initial Exxxxxx Money, the Additional Exxxxxx Money, the Second Additional Exxxxxx Money and all such interest and other income.

  • Xxxxxxx Money After acceptance by all Parties, the Buyer agrees to make a payment in the amount of $ as consideration by , 20 at : ☐ AM ☐ PM (“Xxxxxxx Money”). The Xxxxxxx Money shall be applied to the Purchase Price at Closing and subject to the Buyer’s ability to perform under the terms of this Agreement. Any Xxxxxxx Money accepted ☐ is ☐ is not required to be placed in a separate trust or escrow account in accordance with State law.

  • XX XXXXXXX XXXXXXX the parties hereof have caused this Agreement to be executed in duplicate on the day and year first above written.

  • Xxx Xxxxxxxx I certify that I am a legal United States citizen, or possess legal residency, or visitor status to be in the United States, and that I shall provide proof of said legal status if requested prior to or during any American Legion national-level ALB participation. I further understand that I shall be denied participation in any American Legion national-level youth programs if I refuse to comply with providing proof of said legal status, or are not legally in the United States. Player’s signature Player’s printed name Date I am a parent with legal custody or legal guardian of the above player and hereby consent and agree to the foregoing terms and provisions on the above player’s behalf. Parent’s or legal guardian’s signature Parent's or legal guardian's printed name Player’s name (first, middle, last) Parent’s home address (street address, city, state, ZIP) Parent’s telephone number Emergency contact person & phone number Medical Insurance Policy # Family physician & phone number High school attended Year of graduation School enrollment (grades 10, 11, 12) Player’s email address Player’s Birth Date (Month/Year) Primary position Player’s height Player’s weight

  • Xxxxxxxx-Xxxxx Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with any provision of the Xxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated in connection therewith (the “Xxxxxxxx-Xxxxx Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • Xxxxxxx Money Deposit (a) Within three (3) Business Days after the full execution and delivery of this Contract, Buyer shall deposit the sum of Three Hundred Thousand and No/100 Dollars ($300,000.00) in cash, certified bank check or by wire transfer of immediately available funds (the “Initial Deposit”) with the Title Company, as escrow agent (“Escrow Agent”), which sum shall be held by Escrow Agent as xxxxxxx money. If, pursuant to the provisions of Section 3.1 of this Contract, Buyer elects to terminate this Contract at any time prior to the expiration of the Review Period, then the Escrow Agent shall return the Xxxxxxx Money Deposit to Buyer promptly upon written notice to that effect from Buyer. If Buyer does not elect to terminate this Contract on or before the expiration of the Review Period, Buyer shall, prior to the expiration of the Review Period, deposit the Additional Deposit with the Escrow Agent. The Initial Deposit and the Additional Deposit, and all interest accrued thereon, shall hereinafter be referred to as the “Xxxxxxx Money Deposit.” (b) The Xxxxxxx Money Deposit shall be held by Escrow Agent subject to the terms and conditions of an Escrow Agreement dated as of the date of this Contract entered into by Seller, Buyer and Escrow Agent (the “Escrow Agreement”). The Xxxxxxx Money Deposit shall be held in an interest-bearing account in a federally insured bank or savings institution reasonably acceptable to Seller and Buyer, with all interest to accrue to the benefit of the party entitled to receive it and to be reportable by such party for income tax purposes; provided, however, to the extent that Buyer instructs the Escrow Agent to apply the Xxxxxxx Money Deposit toward the Purchase Price in accordance with Section 2.4, interest shall be deemed to have accrued to the benefit of Buyer and be reportable by Buyer for income tax purposes.

  • Xxx Xxxxxxx If the Parties do not agree on an Adjudicator the Adjudicator will be appointed by the Arbitration Foundation of Southern Africa (AFSA).

  • Xxx Xxxxxxxxx At the end of this document is a list of United States Code citations for the FCRA. Other information about user duties is also available at the Bureau’s website. Users must consult the relevant provisions of the FCRA for details about their obligations under the FCRA. The first section of this summary sets forth the responsibilities imposed by the FCRA on all users of consumer reports. The subsequent sections discuss the duties of users of reports that contain specific types of information, or that are used for certain purposes, and the legal consequences of violations. If you are a furnisher of information to a consumer reporting agency (CRA), you have additional obligations and will receive a separate notice from the CRA describing your duties as a furnisher.

  • Xx Xxxxxx No waiver or modification of this Agreement or any of its terms is valid or enforceable unless reduced to writing and signed by the party who is alleged to have waived its rights or to have agreed to a modification.

  • xxx/Xxxxxx/XXXXX- 19_School_Manual_FINAL pdf -page 101-102 We will continue to use the guidelines reflected in the COVID-19 school manual.

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