Common use of Reservation Deposit Clause in Contracts

Reservation Deposit. Reserving Party hereby expresses an interest in and reserves the right to purchase a Unit, subject to the terms and conditions contained herein. To evidence Reserving Party’s good faith and true interest in acquiring a Unit, Reserving Party makes herewith a fully refundable reservation deposit (“Reservation Deposit”) of $2,500.00 via personal check or wire transfer, which shall be deposited and held in escrow by an Escrow Agent in accordance with the terms and conditions of this Agreement.

Appears in 4 contracts

Samples: Bay Creek Reservation Agreement, Bay Creek Reservation Agreement, Bay Creek Reservation Agreement

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Reservation Deposit. Reserving Party hereby expresses an interest in and reserves the right to purchase a Unit, subject to the terms and conditions contained herein. To evidence Reserving Party’s good faith and true interest in acquiring a Unit, Reserving Party makes herewith a fully refundable reservation deposit (“Reservation Deposit”) of $2,500.00 5,000.00 via personal check or wire transfer, which shall be deposited in and held in escrow by an Escrow Agent in accordance with the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Bay Creek Reservation Agreement

Reservation Deposit. Reserving Party hereby expresses an interest in and reserves the right to purchase a Unit, subject to the terms and conditions contained herein. To evidence Reserving Party’s good faith and true interest in acquiring a Unit, Reserving Party makes herewith a fully refundable reservation deposit (“Reservation Deposit”) of $2,500.00 via personal check or wire transfertransfer via the wiring instructions attached hereto as Exhibit A, which shall be deposited in and held in escrow by an Escrow Agent in accordance with the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Bay Creek Reservation Agreement

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Reservation Deposit. Reserving Party hereby expresses an interest in and reserves the right to purchase a Unit, subject to the terms and conditions contained herein. To evidence Reserving Party’s good faith and true interest in acquiring a Unit, Reserving Party makes herewith a fully refundable reservation deposit (“Reservation Deposit”) of $2,500.00 10,000.00 via personal check or wire transfercheck, which shall be deposited in and held in escrow by an Escrow Agent in accordance with the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Bay Creek Homesite Specific Reservation Agreement

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