Common use of XXXXXXX MONEY AND TERMINATION OPTION Clause in Contracts

XXXXXXX MONEY AND TERMINATION OPTION. A. DELIVERY OF XXXXXXX MONEY AND OPTION FEE: Within 3 days after the Effective Date, Xxxxx must deliver to , as escrow agent, at (address): $ as xxxxxxx money and $ as the Option Fee. The xxxxxxx money and Option Fee shall be made payable to escrow agent and may be paid separately or combined in a single payment. (1) Buyer shall deliver additional xxxxxxx money of $ to escrow agent within days after the Effective Date of this contract. (2) If the last day to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money falls on a Saturday, Sunday, or legal holiday, the time to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money, as applicable, is extended until the end of the next day that is not a Saturday, Sunday, or legal holiday. (3) The amount(s) escrow agent receives under this paragraph shall be applied first to the Option Fee, then to the xxxxxxx money, and then to the additional xxxxxxx money. (4) Xxxxx authorizes escrow agent to release and deliver the Option Fee to Seller at any time without further notice to or consent from Buyer, and releases escrow agent from liability for delivery of the Option Fee to Seller. The Option Fee will be credited to the Sales Price at closing.

XXXXXXX MONEY AND TERMINATION OPTION. A. DELIVERY OF XXXXXXX MONEY AND OPTION FEE: Within 3 days after the Effective Date, Xxxxx must deliver to , as escrow agent, at (address): $ as xxxxxxx money and $ as the Option Fee. The xxxxxxx money and Option Fee shall be made payable to escrow agent and may be paid separately or combined in a single payment.at (1) Buyer shall deliver additional xxxxxxx money of $ to escrow agent within days after the Effective Date of this contract.within (2) If the last day to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money falls on a Saturday, Sunday, or legal holiday, the time to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money, as applicable, is extended until the end of the next day that is not a Saturday, Sunday, or legal holiday. (3) The amount(s) escrow agent receives under this paragraph shall be applied first to the Option Fee, then to the xxxxxxx money, and then to the additional xxxxxxx money. (4) Xxxxx authorizes escrow agent to release and deliver the Option Fee to Seller at any time without further notice to or consent from Buyer, and releases escrow agent from liability for delivery of the Option Fee to Seller. The Option Fee will be credited to the Sales Price at closing.

XXXXXXX MONEY AND TERMINATION OPTION. A. DELIVERY OF XXXXXXX MONEY AND OPTION FEE: Within 3 days after the Effective Date, Xxxxx must deliver to , as escrow agent, at (address): $ as xxxxxxx money and $ as the Option Fee. The xxxxxxx money and Option Fee shall be made payable to escrow agent and may be paid separately or combined in a single payment. (1) Buyer shall deliver additional xxxxxxx money of $ to escrow agent within days after the Effective Date of this contract.within (2) If the last day to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money falls on a Saturday, Sunday, or legal holiday, the time to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money, as applicable, is extended until the end of the next day that is not a Saturday, Sunday, or legal holiday. (3) The amount(s) escrow agent receives under this paragraph shall be applied first to the Option Fee, then to the xxxxxxx money, and then to the additional xxxxxxx money. (4) Xxxxx authorizes escrow agent to release and deliver the Option Fee to Seller at any time without further notice to or consent from Buyer, and releases escrow agent from liability for delivery of the Option Fee to Seller. The Option Fee will be credited to the Sales Price at closing.

XXXXXXX MONEY AND TERMINATION OPTION. A. DELIVERY OF XXXXXXX MONEY AND OPTION FEE: Within 3 days after the Effective Date, Xxxxx Buyer must deliver to , as escrow agent, at (address): $ as xxxxxxx money and $ as the Option Fee. The xxxxxxx money and Option Fee shall be made payable to escrow agent and may be paid separately or combined in a single payment.at (1) Buyer shall deliver additional xxxxxxx money of $ to escrow agent within days after the Effective Date of this contract. (2) If the last day to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money falls on a Saturday, Sunday, or legal holiday, the time to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money, as applicable, is extended until the end of the next day that is not a Saturday, Sunday, or legal holiday. (3) The amount(s) escrow agent receives under this paragraph shall be applied first to the Option Fee, then to the xxxxxxx money, and then to the additional xxxxxxx money. (4) Xxxxx authorizes escrow agent to release and deliver the Option Fee to Seller at any time without further notice to or consent from Buyer, and releases escrow agent from liability for delivery of the Option Fee to Seller. The Option Fee will be credited to the Sales Price at closing.

XXXXXXX MONEY AND TERMINATION OPTION. A. DELIVERY OF XXXXXXX MONEY AND OPTION FEE: Within 3 days after the Effective Date, Xxxxx must deliver to , as escrow agent, at (address): $ as xxxxxxx money and $ as the Option Fee. The xxxxxxx money and Option Fee shall be made payable to escrow agent and may be paid separately or combined in a single payment.at (1) Buyer shall deliver additional xxxxxxx money of $ to escrow agent within days after the Effective Date of this contract. (2) If the last day to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money falls on a Saturday, Sunday, or legal holiday, the time to deliver the xxxxxxx money, Option Fee, or the additional xxxxxxx money, as applicable, is extended until the end of the next day that is not a Saturday, Sunday, or legal holiday. (3) The amount(s) escrow agent receives under this paragraph shall be applied first to the Option Fee, then to the xxxxxxx money, and then to the additional xxxxxxx money. (4) Xxxxx authorizes escrow agent to release and deliver the Option Fee to Seller at any time without further notice to or consent from Buyer, and releases escrow agent from liability for delivery of the Option Fee to Seller. The Option Fee will be credited to the Sales Price at closing.