Common use of Variations in Existing Note Balances Clause in Contracts

Variations in Existing Note Balances. In the event that Buyer is purchasing the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing will be more or less than the amount set forth in paragraph 3.1(c) hereof ("Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 4 contracts

Samples: Standard Offer Agreement, Purchase Agreement (Unico American Corp), Purchase Agreement

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Variations in Existing Note Balances. In the event that Buyer buyer is purchasing taking title to the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing Closing will be more or less than the amount set forth in paragraph 3.1(c) hereof ("Existing Note Variation"), then Variation"),then the Purchase purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 2 contracts

Samples: Standard Offer and Agreement for Purchase of Real Estate (CDRJ Investments Lux S A), Purchase Agreement (CDRJ Investments Lux S A)

Variations in Existing Note Balances. In the event that Buyer is purchasing taking title to the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing Closing will be more or less than the amount set forth in paragraph 3.1(c4.1(c) hereof ("the Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(aParagraph 4.1(a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 1 contract

Samples: Standard Offer and Agreement for Purchase of Real Estate (Supergen Inc)

Variations in Existing Note Balances. In the event that Buyer is purchasing taking title to the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing Closing will be more or less than the amount set forth in paragraph 3.1(c) hereof (the "Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 1 contract

Samples: Purchase Agreement (Newstar Media Inc)

Variations in Existing Note Balances. In the event that Buyer is purchasing the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing will be more or less than the amount set forth in paragraph 3.1(c) hereof ("Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 1 contract

Samples: Purchase Agreement

Variations in Existing Note Balances. In the event that Buyer is purchasing the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing will be more or less than the amount set forth in paragraph 3.1(c) hereof ("Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 1 contract

Samples: Standard Offer and Agreement for Purchase of Real Estate (Bebe Stores Inc)

Variations in Existing Note Balances. In the event that Buyer is purchasing taking title to the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing Closing will be more or less than the amount set forth in paragraph 3.1(c) hereof (the "Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph Paragraph 3.1(a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 1 contract

Samples: Standard Offer and Agreement for Purchase of Real Estate (Helisys Inc)

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Variations in Existing Note Balances. In the event that Buyer is purchasing the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing will be more or less than the amount set forth in paragraph 3.1(c3.1 (c) hereof ("Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(a) shall be reduced or increased Increased by the amount of such Existing Note Variation.

Appears in 1 contract

Samples: Standard Offer, Agreement and Escrow Instructions for Purchase of Real Estate (Reeds Inc)

Variations in Existing Note Balances. In the event that Buyer is purchasing taking title to the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing Closing will be more or less than the amount set forth in paragraph 3.1(c) hereof ("Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 1 contract

Samples: Purchase Agreement (Affinity Group Holding Inc)

Variations in Existing Note Balances. In the event that Buyer is purchasing taking title to the Property subject to an Existing Deed of Trust(s), and in the event that a Beneficiary Statement as to the applicable Existing Note(s) discloses that the unpaid principal balance of such Existing Note(s) at the closing Closing will be more or less than the amount set forth in paragraph 3.1(c3.1 (c) hereof (the "Existing Note Variation"), then the Purchase Money Note(s) shall be reduced or increased by an amount equal to such Existing Note Variation. If there is to be no Purchase Money Note, the cash required at the Closing per paragraph 3.1(aParagraph 3.1 (a) shall be reduced or increased by the amount of such Existing Note Variation.

Appears in 1 contract

Samples: Standard Offer and Agreement for Purchase of Real Estate (Eltron International Inc)

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