Additional Earnest Money definition

Additional Earnest Money means the sum of Twenty-Five Thousand and No/100 Dollars ($25,000.00 U.S.).
Sample 1
Additional Earnest Money means the additional sum of Twenty-Five Thousand and 00/100 Dollars ($25,000.00) deposited by Purchaser with Seller at the end of the Inspection Period.
Sample 1
Additional Earnest Money means the sum of One Million Seven Hundred Fifty Xxxxxxx ($1,750,000), together with any interest earned thereon.
Sample 1

Examples of Additional Earnest Money in a sentence

  • Additional Earnest Money, if any, shall be deposited with the Escrow Agent.

  • The Additional Earnest Money Deposit shall be paid to the Esxxxx Xxent within five (5) days after the expiration of the Due Diligence Period.

  • If Buyer approves or is deemed to have approved the Property as set forth in Section 4.2 of this Agreement, Buyer shall deposit an additional amount set forth in the Supplemental Agreement ("ADDITIONAL EARNEST MONEY") with Xxxxxx Agent (the Additional Earnest Money axx xxx Initial Earnest Money are colxxxxxxxly hereinafter referred to as the "DEPOSIT").

  • The Initial Earnest Money Deposit, the Additional Earnest Money Deposit and any other earnest monies paid or required to be paid in connection with this transaction, collectively the “Earnest Money Deposit”, shall be deposited and held in escrow by Escrow Agent until Closing, at which time it will be credited to Buyer, or until this Contract is otherwise terminated.

  • Within five (5) days after the end of the Due Diligence Period (as hereinafter defined) Buyer will deposit an additional sum of $70,000.00 as Additional Earnest Money (the "Additional Earnest Money") with the Escrow Agent.

  • Within five (5) days after the end of the Due Diligence Period (as hereinafter defined) Buyer will deposit an additional sum of $40,000.00 as Additional Earnest Money (the "Additional Earnest Money") xxxx the Escrow Agent.

  • If written notice is not given by Purchaser pursuant to this Paragraph 7.1 prior to the expiration of the Inspection Period, then the right of Purchaser to terminate this Agreement pursuant to this Paragraph 7.1 shall be waived and Purchaser shall deposit the Additional Earnest Money in accordance with xxx Xxcrow Agreement on or before the expiration of the Inspection Period.

  • The Additional Earnest Money Deposit shall be paid to the Escrow Agent within five (0) xxys after the expiration of the Due Diligence Period.

  • Xxxxx Xurchaser has so delivered the Additional Earnest Money to txx Xxxxe Company, the term "Earnest Money", as xxxx xn this Contract, shall mean the initial deposit and the Additional Earnest Money in txx xxxxegate amount of TWO HUNDRED THOUSAND DOLLARS ($200,000.00).

  • The Purchase Price, less the Earnest Money and Additional Earnest Money if Additional Earnest has been paid, that is applied to the Purchase Price, which shall be delivered to Seller by Escrow Agent, plus or minus applicable proration.


More Definitions of Additional Earnest Money

Additional Earnest Money means an amount equal to $150,000.
Sample 1
Additional Earnest Money means THREE HUNDRED THOUSAND and NO/100 DOLLARS ($300,000.00) (together with all interest accrued thereon).
Sample 1
Additional Earnest Money means the sum of Two Million Five Hundred Thousand and No/100 Dollars ($2,500,000.00 U.S.), together with all interest which accrues thereon as provided in Section 2.3(d) hereof and in the Escrow Agreement.
Sample 1
Additional Earnest Money means the sum of $000,000.00 which is to be deposited in immediately available funds by Buyer with Title Company pursuant to Section 3.
Sample 1
Additional Earnest Money means the sum of Fifteen Thousand and No/100 Dollars ($15,000.00 U.S.).
Sample 1

Related to Additional Earnest Money

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Additional Payments means additional amounts required to be paid to a holder of any Note pursuant to Section 13 by reason of a Change in Tax Law; and a “Change in Tax Law” means (individually or collectively with one or more prior changes) (i) an amendment to, or change in, any law, treaty, rule or regulation of Canada after the date of the Closing, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation after the date of the Closing, which amendment or change is in force and continuing and meets the opinion and certification requirements described below or (ii) in the case of any other jurisdiction that becomes a Taxing Jurisdiction after the date of the Closing, an amendment to, or change in, any law, treaty, rule or regulation of such jurisdiction, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation, in any case after such jurisdiction shall have become a Taxing Jurisdiction, which amendment or change is in force and continuing and meets such opinion and certification requirements. No such amendment or change shall constitute a Change in Tax Law unless the same would in the opinion of the Company (which shall be evidenced by an Officer’s Certificate of the Company and supported by a written opinion of counsel having recognized expertise in the field of taxation in the Taxing Jurisdiction, both of which shall be delivered to all holders of the Notes prior to or concurrently with the Tax Prepayment Notice in respect of such Change in Tax Law) affect the deduction or require the withholding of any Tax imposed by such Taxing Jurisdiction on any payment payable on the Notes.

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Delta Payment means as it is described in this Agreement.

  • special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • Closing Payment has the meaning set forth in Section 2.2.

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Special deposit claim means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets.

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Stage Payment Statement shall have the meaning set forth in Clause 19.4; “Structures” means an elevated road or a flyover, as the case may be;

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Additional Fees means, where applicable, those fees and charges for the Additional Goods/Services and additional costs and levies required from time to time and notified to you in advance, to provide adequately for the education and related activities and services provided to your Child/the Student, including but not limited to the costs of extra-curricular activities or special educational needs.