Earnxxx Xxxey definition

Earnxxx Xxxey means the amount so deposited by Purchaser, together with all interest earned thereon while in the custody of Title Company. The "EFFECTIVE DATE" of this Agreement shall be the date the Earnxxx Xxxey and a fully executed copy of this Agreement is delivered to the Title Company and such delivery is acknowledged by the Title Company.

Earnxxx Xxxey means the amount deposited in escrow by Connetics in connection with the Letter of Understanding.

Earnxxx Xxxey means the sum of Two Hundred Fifty Thousand Dollars ($250,000), to be deposited with the Escrow Holder by PGP and to be disbursed as provided in this Agreement.

Examples of Earnxxx Xxxey in a sentence

• The Earnxxx Xxxey Deposit shall be deposited in an interest bearing account as instructed by Buyer and any interest earned shall be added to the Earnxxx Xxxey Deposit.

• In the event that the parties proceed to the Closing, then the Earnxxx Xxxey Deposit, together with all interest earned thereon, shall be applied towards the Cash Payment.

• Each party shall execute such documentation governing the Earnxxx Xxxey Escrow that reflects the relevant provisions of this Agreement and as may otherwise be required by the escrow agent, including reasonable standard form escrow conditions.

• In the event of a "major" loss or damage, either Seller or Purchaser may terminate this Agreement by written notice to the other party, in which event the Earnxxx Xxxey shall be returned to Purchaser.

• If sale fails to close for any reason other than Purchaser's default, the Earnxxx Xxxey shall be refunded to Purchaser.

More Definitions of Earnxxx Xxxey

Earnxxx Xxxey in Section 11 of the Contract shall hereafter be changed to "Extension Payment" as the term is defined in this First Amendment.

Earnxxx Xxxey shall have the meaning set forth in Section 2.2(a).

Earnxxx Xxxey. As of a given date, the amount deposited as of such date with the Escrow Agent under the Escrow Agreement, together with the interest and other earnings thereon as of such date.

Earnxxx Xxxey means the Initial Deposit and Additional Deposit and the Extension Deposit (if applicable), together with any interest earned thereon, less expenses paid therefrom.

Earnxxx Xxxey as defined in Section 2.3.

Earnxxx Xxxey means the amount deposited by Purchaser as provided in Section 4 hereof and earnings thereon.

Earnxxx Xxxey is defined in Section 2.5.