Common use of Remainder of Purchase Price Clause in Contracts

Remainder of Purchase Price. Purchaser shall unconditionally and irrevocably pay to Seller the balance of the Purchase Price (if the Deposit is paid to Seller on the Closing Date, and subject to the prorations as described in Section 13, and further subject to the terms of Section 20) on the Closing Date in cash or by Federal wire funds, which constitute legal tender in the United States for all debts and dues, public and private at the time of payment. TIME BEING OF THE ESSENCE.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.), Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.)

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Remainder of Purchase Price. Purchaser shall unconditionally and irrevocably pay to Seller the balance of the Purchase Price (if the Deposit is paid to Seller on the Closing Date, and subject to the Loan Assumption Condition Precedent and the Loan Assumption Closing Condition Precedent and the prorations as described in Section 13, and further subject to the terms of Section 20) on the Closing Date in cash or by Federal wire funds, which constitute legal tender in the United States for all debts and dues, public and private at the time of payment. TIME BEING OF THE ESSENCE.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.), Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.)

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Remainder of Purchase Price. Purchaser shall unconditionally and irrevocably pay to Seller the balance of the Purchase Price (if Price, with the Deposit is being paid over directly to Seller on by the Closing DateTitle Company, and subject to the prorations as described in Section 13, and further subject to the terms of Section 20) on the Closing Date in cash or by Federal wire funds. Such amounts shall be received by Seller no later than 2:00 p.m., which constitute legal tender in Eastern Time, on the United States for all debts and duesClosing Date, public and private at the time of payment. TIME BEING OF THE ESSENCE.

Appears in 1 contract

Samples: Purchase Agreement (Healthcare Realty Trust Inc)

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