Purchase Deposit. State whether or not there is an xxxxxxx money deposit requirement (and the amount, if so) of the tenant chooses to exercise the option to purchase. Step 24 – Fill In Personal Property Details 30.
Purchase Deposit. Section 27.2
Purchase Deposit. Buyer shall make a deposit in the amount of ten percent (10%) of the High Bid with Xxxxxx Auctioneers & Real Estate, LLC (the “Escrow Agent”). A purchase deposit in the amount of $ (Dollars) ($ ) (the “Deposit”) by: CASH □ PERSONAL CHECK □ BANK CHECK □ WIRE TRANSFER □ OTHER □ was received and acknowledged below. The Purchase Deposit will be held by Listing Broker or Auctioneer in a noninterest-bearing account. If the Purchase Deposit is forfeited by the Winning Bidder, it will be applied to amounts owing to Listing Broker and/or Auctioneer before any distribution to Seller or otherwise.
Purchase Deposit. (Check if applicable)
Purchase Deposit. State whether or not there is an xxxxxxx money deposit requirement (and the amount, if so) of the tenant chooses to exercise the option to purchase.
Purchase Deposit. Within three (3) business days after the date of this Agreement, the Buyer shall pay the Seller a Purchase Deposit with the amount of USD 3 Million and the Seller shall provide the Buyer with a Purchase Deposit Receipt immediately. When the Buyer pays the Cash Consideration to the Seller on the Cash Payment Date, such Purchase Deposits, being treated as part of the Cash Consideration, shall be deducted from the payment of total Cash Consideration automatically.
Purchase Deposit. Within seven (7) business days after the date of this Agreement, the Buyer shall pay the Seller a Purchase Deposit (the “Deposit”) with the amount of USD 2.8 Million and the Seller shall provide the Buyer with a Purchase Deposit Receipt immediately.
Purchase Deposit. (a) Within three (3) business days after the execution and delivery of this Agreement by the Parties, Purchaser shall deposit with Axxxxx Xxxxxxx Law Offices, 4000 Xxxxxxxxx Xxxxxx, X.X., Xxxxx 000, Xxxxxxxxxx, X.X. 00000 Attn. Axxxxx Xxxxxxx, Esq. (“Escrow Agent”), agent for Lawyers Title Insurance Corporation (the “Title Company”), the sum of Eighty Thousand and No/100 Dollars ($80,000.00) (the “Initial Deposit”).
(b) Within three (3) business days after the expiration of the Inspection Period (as hereinafter defined), and provided Purchaser has not terminated this Agreement as set forth in paragraph 5 below, Purchaser shall deposit with Escrow Agent the sum of Two Million Seven Hundred Thousand and No/100 Dollars ($2,700,000.00) (the “Second Deposit”).
(c) The Initial Deposit and the Second Deposit are hereinafter collectively referred to as the “Purchase Deposit,” which term shall include all interest accrued thereon. The Purchase Deposit shall be held by Escrow Agent in one or more interest-bearing federally insured accounts with a financial institution reasonably acceptable to Purchaser and Seller. Interest on the Purchase Deposit shall accrue for the benefit of Purchaser.
Purchase Deposit. A purchase deposit in an amount as stated in clause (iii) of the INFORMATION TABLE, to be deposited in trust with the Conveyancers, Weavind & Weavind Incorporated, First National Bank Pretoria, Account number 62 705 797 788, Branch Code 250 655 for electronic payments (reference to be the words “GHEART” accompanied by the Unit number) which deposit shall, unless otherwise agreed to in writing by or on behalf of the Seller, be deposited within 14 (fourteen) days from Date of Acceptance, to be retained by the Conveyancers in trust subject to and pending the registration of transfer of the Property.
Purchase Deposit. Buyer has heretofore delivered to Seller a cash deposit in the amount of $709,500 (“Purchase Deposit”). The Purchase Deposit shall be held in the trust account of Seller’s general insolvency counsel, Xxxxxxxx Xxxxxxx Professional Corporation, pending the Closing of the Transaction and shall be disbursed only in accordance with the terms and conditions of this Agreement, or upon the entry of an order of the Bankruptcy Court authorizing the disposition thereof.
