Seller’s Receipt Sample Clauses

Seller’s Receipt. Seller acknowledges receipt of Xxxxx’s acceptance of counter offer.
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Seller’s Receipt. Seller acknowledges receipt of Xxxxx’s acceptance of counter offer. Date Signature Date Signature City, Village or Township of , County of , Michigan
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Seller’s Receipt. Seller acknowledges receipt of Xxxxx’s acceptance of counter offer. Date Signature Date Signature File No. Date: and , (“Seller”) are parties to a contract for the purchase and sale of the property situated at: Buyer and Seller request Van Buren County Title. (“Escrow Agent”) to act as Escrow Agent to hold the xxxxxxx money in the sum of Escrow Agent shall hold the deposit until unless prior to 8:00 AM on that date, the deposit is applied as part of the purchase price for the purchase of the above described real property, or join written instructions of Xxxxx and Seller are received by Escrow Agent extending the date. In the event the deposit is not applied to the purchase price for the real property, or joint written instructions are not received during the term of this escrow as that term may be extended by joint written instructions from Buyer and Seller, the Escrow Agent may deliver the Deposit to or may, at its discretion, continue holding the Deposit. Escrow Agent shall deposit the Escrow Deposit in its general escrow trust account in a federally insured financial institution. If Xxxxxx Agent receives conflicting instructions of claims to the funds held in escrow, then it may take any one or more of the following actions: 1. It may hold all or any portion of the funds, securities or documents affected by the conflicting instructions or claims in escrow and take no further action until otherwise directed, either by mutual written instructions from all interested parties or final order of a court of competent jurisdiction; or 2. It may initiate an interpleader action in a court of competent jurisdiction, naming all interested parties and depositing all or any portion of the funds affected by the adverse claims with the clerk of the court in full acquittance of its responsibilities under these instructions.
Sample 1
Seller’s Receipt. I/we acknowledge that I/we have read the listing contract and that the information given is true and accurate to the best of my/our knowledge and belief, intending that you rely thereon, and I/we hereby acknowledge receipt of a copy of this contract.
Sample 1
Seller’s Receipt. Receipt of $___________________ (Option Fee) in the form of ___________________ is acknowledged.
Sample 1

Related to Seller’s Receipt

  • Buyer (Buyer) will take title 16 to the Property described below as Joint Tenants Tenants In Common Other .

  • Closing Statement (a) In connection with the prorations required under SECTION 9.1, not later than 5 Business Days prior to the intended Closing Date, the Seller will use commercially reasonable efforts to have prepared a proforma of the accounting for the transaction that reflects the Seller’s good faith estimate of how items subject to proration will be accounted for by crediting or debiting appropriate accounts either pre or post Closing, respectively (the “Draft Closing Statement”). The Draft Closing Statement shall reflect the parties’ good faith estimate of all of the prorations, credits and/or other adjustments to be made at Closing. On the day prior to Closing, the Seller and the Buyer will use commercially reasonable efforts to conduct inventories, examinations and audits of the Asset as may be necessary to verify and/or make revisions to the Draft Closing Statement based on such audits, examinations and inventories, and on the night preceding the Closing immediately after the Cut-Off Time, the Seller and the Buyer will use commercially reasonable efforts to make all final adjustments necessitated by such nights’ operations and prepare a final closing statement of prorations and adjustments required under SECTION 9.1 with such supporting documentation as the parties hereto may reasonably require being attached thereto. The Buyer and the Seller acknowledge and agree that the completion of the Draft Closing Statement pursuant to this SECTION 9.2(a) shall not be a condition precedent to the obligation of the Buyer or the Seller to consummate the transactions pursuant to the terms of this Agreement. (b) If any items to be adjusted pursuant to this ARTICLE IX are not determinable at the Closing, or if any such adjustments made at the Closing prove to be incorrect, the adjustment shall be made subsequent to the Closing or corrected when the charge is finally determined. The Buyer shall deliver to the Seller no later than 60 days following the Closing Date (except with respect to any item which is not reasonably determinable within such time frame, as to which the time frame shall be extended until such item is reasonably determinable) a schedule of prorations setting forth the Buyer’s determination of prorations not determined at the Closing and any adjustments to the prorations made at Closing that it believes are necessary to complete the prorations as set forth in this ARTICLE IX. Any errors or omissions in computing adjustments or readjustments at the Closing or thereafter shall be promptly corrected or made, provided that the party seeking to correct such error or omission or to make such readjustment shall have notified the other party of such error or omission or readjustment on or prior to the date that is 30 days following the receipt from the other party of such other party’s proposed adjustment or readjustment. The party owing the other party any sum pursuant to any adjustment, or readjustment or correction under this ARTICLE IX shall pay such sum to the other party within 15 days after the same has been determined as set forth above.

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