Examples of Additional Deposit in a sentence
If Buyer, using good faith efforts, is unable to obtain a Planning Board Approval and Financing Approval, Buyer shall provide Seller with written notice within said Planning Board Approval and Financing Contingency Period and this Agreement shall be terminated, the Additional Deposit, as hereinafter defined, returned to Buyer, and neither party shall have any further obligations under this Agreement.
If such notice is received by the School, we will retain the Acceptance Deposit and will refund the Additional Deposit if paid.
The Additional Deposit shall be deposited with Escrow within two (2) Business Days from the execution of this First Amendment and released to the Seller immediately in accordance with the form attached hereto as Exhibit A (the “Early Release of Funds Escrow Instructions").