Return on Deposit. At the Closing, Purchaser shall receive a credit against the Purchase Price in an amount equal to a fixed rate of eight percent (8%) annualized return calculated on a 365-day year on the Deposit (the “Return on Deposit”) from the date the Deposit is made pursuant to Section 2.2.1
Appears in 6 contracts
Samples: Agreement for Purchase and Sale and Escrow Instructions (Consolidated Capital Properties Iv), Agreement for Purchase and Sale and Escrow Instructions (Shelter Properties Vi Limited Partnership), Agreement for Purchase and Sale and Escrow Instructions (Shelter Properties Vii LTD Partnership)
