Common use of Purchase Price and Method of Payment Clause in Contracts

Purchase Price and Method of Payment. At closing, Buyer agrees to pay Seller the purchase price of the Property of $ , U.S. Dollars: cash, wire transfer of immediately available funds, or a cashier’s check issued for the closing by a federally insured bank, savings bank, savings and loan association or credit union where the funds are immediately available. The above forms of payment shall be deemed to be the equivalent of Buyer paying all cash at closing which shall be the method of payment.

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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