Common use of The Xxxxxxx Money Deposit Clause in Contracts

The Xxxxxxx Money Deposit. On the date two (2) Business Days after the execution and delivery of this Agreement by Purchaser, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the sum of Five Hundred Thousand Dollars ($500,000.00) as the xxxxxxx money deposit on account of the Purchase Price (the “Xxxxxxx Money Deposit”). TIME IS OF THE ESSENCE with respect to the deposit of the Xxxxxxx Money Deposit.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (Mack Cali Realty Corp), Agreement of Sale and Purchase (Mack Cali Realty Corp)

AutoNDA by SimpleDocs

The Xxxxxxx Money Deposit. On the date two Within five (25) Business Days after the execution and delivery of this Agreement by PurchaserEffective Date, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the sum of Five Hundred Thousand One Million Dollars ($500,000.001,000,000.00) as the an xxxxxxx money deposit on account of the Purchase Price (the "Xxxxxxx Money Deposit"). TIME IS OF THE ESSENCE with respect to the deposit of the Xxxxxxx Money Deposit.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Griffin Capital Essential Asset REIT II, Inc.)

The Xxxxxxx Money Deposit. On the date two (2a) Within five (5) Business Days after the execution and delivery of this Agreement by PurchaserEffective Date, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the sum of Five Two Hundred Fifty Thousand and No/100 Dollars ($500,000.00250,000.00) as the xxxxxxx money deposit on account of the Purchase Price (such amount, together with all interest earned thereon, being hereinafter referred to as the “Xxxxxxx Money Initial Deposit”). TIME IS OF THE ESSENCE with respect to the deposit of the Xxxxxxx Money Initial Deposit.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gyrodyne, LLC)

AutoNDA by SimpleDocs

The Xxxxxxx Money Deposit. On the date two (2a) Within five (5) Business Days after the execution and delivery of this Agreement by PurchaserEffective Date, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the sum of Five One Million Eight Hundred Thousand Dollars ($500,000.001,800,000.00) as the an initial xxxxxxx money deposit on account of the Purchase Price (the "Initial Xxxxxxx Money Deposit"). TIME IS OF THE ESSENCE with respect to the deposit of the Initial Xxxxxxx Money Deposit.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Cole Corporate Income Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!