Common use of Xxxxxxx Money Dispute Clause in Contracts

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx Money as directed by written mutual instructions, signed by both Purchaser and Seller. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). Xxxxxxx Money Holder shall not be required to take any action. Xxxxxxx Money Holder, at its option and sole discretion, may: (a) await any proceeding, (b) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, or (c) give written notice to Purchaser and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), containing the case number of the lawsuit (Lawsuit) within 120 calendar days of Xxxxxxx Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return Xxxxxxx Money to Purchaser . In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has interpled the monies at the time of any Order, Xxxxxxx Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court.

Appears in 3 contracts

Samples: Asset Purchase Agreement (GrowGeneration Corp.), Asset Purchase Agreement (GrowGeneration Corp.), Asset Purchase Agreement (GrowGeneration Corp.)

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Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall must release the Xxxxxxx Money as directed by following receipt of written mutual instructions, signed by both Purchaser Xxxxx and SellerXxxxxx. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). Money, Xxxxxxx Money Holder shall is not be required to take any actionrelease the Xxxxxxx Money. Xxxxxxx Money Holder, at in its option and sole subjective discretion, mayhas several options: (a1) await wait for any proceeding, proceeding between Buyer and Seller; (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall jurisdiction, (Xxxxxxx Money Holder is entitled to recover court costs and reasonable attorney and legal fees, fees incurred with such action); or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money Holder’s written 's notice to the parties, Xxxxxxx Money Holder shall be is authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall must disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of § 23 (Mediation). This Section will survive cancellation or termination of this Contract.

Appears in 2 contracts

Samples: Contract to Buy and Sell Real Estate (Commercial), Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall 648 release the Xxxxxxx Money as directed by written mutual instructions, signed by both Purchaser Buyer and Seller. 649 In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this 650 Contract). , Xxxxxxx Money Holder shall not be required to take any action. Xxxxxxx Money Holder, at its 651 option and sole discretion, may: may (a1) await any proceeding, (b2) interplead all parties and deposit Xxxxxxx 652 Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and 653 legal fees, or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of 654 the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the 655 lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money Holder’s written notice to the parties, 656 Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx 657 Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any 658 Order, Xxxxxxx Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. 659 The parties reaffirm the obligation of Mediation (§ 23). The provisions of this § 24 apply only if the 660 Xxxxxxx Money Holder is one of the Brokerage Firms named in § 34 or § 35.

Appears in 2 contracts

Samples: Contract to Buy and Sell Real Estate, Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx Money as directed by 492 written mutual instructions, signed by both Purchaser Xxxxx and Seller. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any 493 termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. Xxxxxxx Money Holder, at its option and sole 494 discretion, may: may (a1) await any proceeding, (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall 495 recover court costs and reasonable attorney and legal fees, or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a 496 copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred 497 twenty days of Xxxxxxx Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In 498 the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money 499 Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation (§ 23). The provisions 500 of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in § 34 or § 35.

Appears in 2 contracts

Samples: Contract to Buy and Sell Real Estate, Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 608 Money as directed by written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the 609 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 610 Xxxxxxx Money Holder, at its option and sole subjective discretion, may: may (a1) await any proceeding, (b2) interplead all parties and 611 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 612 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 613 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 614 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 615 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 616 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 617 Mediation (§ 23). The provisions of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in 618 § 33 or § 34. 619 25. TERMINATION.

Appears in 2 contracts

Samples: Contract to Buy and Sell Real Estate, Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx Money as directed by written mutual instructions, signed by both Purchaser Xxxxx and SellerXxxxxx. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. Xxxxxxx Money Holder, at its option and sole discretion, may: may (a1) await any proceeding, (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation (§ 23). The provisions of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in § 34 or § 35.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 649 Money as directed by written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the 650 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 651 Xxxxxxx Money Holder, at its option and sole subjective discretion, mayhas several options: (a1) await any proceeding, (b2) interplead all parties and 652 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 653 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 654 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 655 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 656 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 657 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 658 Mediation (§ 23). 659 25. TERMINATION.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the 615 Xxxxxxx Money as directed by written mutual instructions, signed by both Purchaser Xxxxx and SellerXxxxxx. In the event of any controversy 616 regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be 617 required to take any action. Xxxxxxx Money Holder, at its option and sole discretion, may: may (aa1) await any proceeding, (bb2) 618 interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and 619 reasonable attorney and legal fees, or (c3c) give deliver written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money 620 Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), containing the case number of 621 the lawsuit (Lawsuit) within 120 calendar days of Xxxxxxx Money Holder’s written notice is delivered to the parties, Xxxxxxx 622 Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a 623 copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall disburse the 624 Xxxxxxx Money pursuant to the Order of the Court.. The parties reaffirm the obligation of Mediation (§ 22). 625

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 647 Money as directed by written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the 648 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 649 Xxxxxxx Money Holder, at its option and sole subjective discretion, mayhas several options: (a1) await any proceeding, (b2) interplead all parties and 650 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 651 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 652 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 653 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 654 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 655 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 656 Mediation (§ 23).

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 640 Money as directed by written mutual instructions, signed by both Purchaser Xxxxx and SellerXxxxxx. In the event of any controversy regarding the 641 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 642 Xxxxxxx Money Holder, at its option and sole subjective discretion, mayhas several options: (a1) await any proceeding, (b2) interplead all parties and 643 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 644 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 645 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 646 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 647 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 648 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 649 Mediation (§ 23).

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall must release the Xxxxxxx Money as directed by following receipt of written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). Money, Xxxxxxx Money Holder shall is not be required to take any actionrelease the Xxxxxxx Money. Xxxxxxx Money Holder, at in its option and sole subjective discretion, mayhas several options: (a1) await wait for any proceeding, proceeding between Buyer and Seller; (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall jurisdiction, (Xxxxxxx Money Holder is entitled to recover court costs and reasonable attorney and legal fees, fees incurred with such action); or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be is authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, Lawsuit and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall must disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation. This Section will survive cancellation or termination of this Contract.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 619 Money as directed by written mutual instructions, signed by both Purchaser Xxxxx and Seller. In the event of any controversy regarding the 620 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 621 Xxxxxxx Money Holder, at its option and sole subjective discretion, may: may (a1) await any proceeding, (b2) interplead all parties and deposit 622 Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, or (c3) give written 623 provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim 624 (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money 625 Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx 626 Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money 627 Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation 628 (§ 23). The provisions of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in § 33 or § 34.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 640 Money as directed by written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the 641 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 642 Xxxxxxx Money Holder, at its option and sole subjective discretion, mayhas several options: (a1) await any proceeding, (b2) interplead all parties and 643 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 644 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 645 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 646 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 647 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 648 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 649 Mediation (§ 23).

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx Money as directed by 453 written mutual instructions, signed by both Purchaser Xxxxx and Seller. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any 454 termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. Xxxxxxx Money Holder, at its option and sole 455 discretion, may: may (a1) await any proceeding, (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall 456 recover court costs and reasonable attorney and legal fees, or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a 457 copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar 458 days of Xxxxxxx Money Holder’s written 's notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 459 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall 460 disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation (§ 22).

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 609 Money as directed by written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the 610 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 611 Xxxxxxx Money Holder, at its option and sole subjective discretion, may: may (a1) await any proceeding, (b2) interplead all parties and 612 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 613 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 614 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 615 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 616 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 617 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 618 Mediation (§ 23). The provisions of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in 619 § 33 or § 34. 620 25. TERMINATION.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

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Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall must release the Xxxxxxx Money as directed by following receipt of written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). Money, Xxxxxxx Money Holder shall is not be required to take any actionrelease the Xxxxxxx Money. Xxxxxxx Money Holder, at in its option and sole subjective discretion, mayhas several options: (a1) await wait for any proceeding, proceeding between Buyer and Seller; (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall jurisdiction, (Xxxxxxx Money Holder is entitled to recover court costs and reasonable attorney and legal fees, fees incurred with such action); or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money Holder’s written 's notice to the parties, Xxxxxxx Money Holder shall be is authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, Lawsuit and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall must disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of § 22 (Mediation). This Section will survive cancellation or termination of this Contract.

Appears in 1 contract

Samples: Contract to Buy and Sell (Commercial)

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 623 Money as directed by written mutual instructions, signed by both Purchaser Xxxxx and Seller. In the event of any controversy regarding the 624 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 625 Xxxxxxx Money Holder, at its option and sole subjective discretion, may: may (a1) await any proceeding, (b2) interplead all parties and 626 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 627 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 628 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 629 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 630 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 631 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 632 Mediation (§ 23). The provisions of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in 633 § 33 or § 34. 634 25. TERMINATION.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall must release the Xxxxxxx Money as directed by following receipt of written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). Money, Xxxxxxx Money Holder shall is not be required to take any actionrelease the Xxxxxxx Money. Xxxxxxx Money Holder, at in its option and sole subjective discretion, mayhas several options: (a1) await wait for any proceeding, proceeding between Buyer and Seller; (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall jurisdiction, (Xxxxxxx Money Holder is entitled to recover court costs and reasonable attorney and legal fees, fees incurred with such action); or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be is authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall must disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of § 23 (Mediation). This Section will survive cancellation or termination of this Contract.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate (Residential)

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 623 Money as directed by written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the 624 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 625 Xxxxxxx Money Holder, at its option and sole subjective discretion, may: may (a1) await any proceeding, (b2) interplead all parties and 626 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 627 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 628 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 629 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 630 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 631 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 632 Mediation (§ 23). The provisions of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in 633 § 33 or § 34. 634 25. TERMINATION.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx Money as directed by written mutual instructions, signed by both Purchaser Xxxxx and SellerXxxxxx. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. Xxxxxxx Money Holder, at its option and sole discretion, may: may (a) await any proceeding, (b) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, or (c) give deliver written notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), containing the case number of the lawsuit (Lawsuit) within 120 calendar days of Xxxxxxx Money Holder’s written notice is delivered to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation (§ 22).

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx Money as directed by 493 written mutual instructions, signed by both Purchaser Xxxxx and Seller. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any 494 termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. Xxxxxxx Money Holder, at its option and sole 495 discretion, may: may (a1) await any proceeding, (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall 496 recover court costs and reasonable attorney and legal fees, or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a 497 copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred 498 twenty days of Xxxxxxx Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In 499 the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money 500 Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation (§ 23). The provisions 501 of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in § 34 or § 35.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall must release the Xxxxxxx Money as directed by following receipt of written mutual instructions, signed by both Purchaser Xxxxx and SellerXxxxxx. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). Money, Xxxxxxx Money Holder shall is not be required to take any actionrelease the Xxxxxxx Money. Xxxxxxx Money Holder, at in its option and sole subjective discretion, mayhas several options: (a1) await wait for any proceeding, proceeding between Buyer and Seller; (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall jurisdiction, (Xxxxxxx Money Holder is entitled to recover court costs and reasonable attorney and legal fees, fees incurred with such action); or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be is authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall must disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation. This Section will survive cancellation or termination of this Contract.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall release the Xxxxxxx 673 Money as directed by written mutual instructions, signed by both Purchaser Buyer and Seller. In the event of any controversy regarding the 674 Xxxxxxx Money (notwithstanding any termination of this Contract). , Xxxxxxx Money Holder shall not be required to take any action. 675 Xxxxxxx Money Holder, at its option and sole subjective discretion, may: may (a1) await any proceeding, (b2) interplead all parties and 676 deposit Xxxxxxx Money into a court of competent jurisdiction and shall recover court costs and reasonable attorney and legal fees, 677 or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or 678 Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx 679 Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event 680 Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx 681 Money Holder shall disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of 682 Mediation (§ 23). The provisions of this § 24 apply only if the Xxxxxxx Money Holder is one of the Brokerage Firms named in 683 § 33 or § 34. 684 25. TERMINATION.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Xxxxxxx Money Dispute. Except as otherwise provided herein, Xxxxxxx Money Holder shall must release the Xxxxxxx Money as directed by following receipt of written mutual instructions, signed by both Purchaser Xxxxx and SellerXxxxxx. In the event of any controversy regarding the Xxxxxxx Money (notwithstanding any termination of this Contract). Money, Xxxxxxx Money Holder shall is not be required to take any actionrelease the Xxxxxxx Money. Xxxxxxx Money Holder, at in its option and sole subjective discretion, mayhas several options: (a1) await wait for any proceeding, proceeding between Buyer and Seller; (b2) interplead all parties and deposit Xxxxxxx Money into a court of competent jurisdiction and shall jurisdiction, (Xxxxxxx Money Holder is entitled to recover court costs and reasonable attorney and legal fees, fees incurred with such action); or (c3) give written provide notice to Purchaser Buyer and Seller that unless Xxxxxxx Money Holder receives a copy of the Summons and Complaint or Claim (between Buyer and Seller), ) containing the case number of the lawsuit (Lawsuit) within 120 calendar one hundred twenty days of Xxxxxxx Money Holder’s written notice to the parties, Xxxxxxx Money Holder shall be is authorized to return the Xxxxxxx Money to Purchaser Buyer. In the event Xxxxxxx Money Holder does not receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Xxxxxxx Money Holder shall must disburse the Xxxxxxx Money pursuant to the Order of the Court. The parties reaffirm the obligation of Mediation (§ 23). This Section will survive cancellation or termination of this Contract.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

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