Exxxxxx Money Deposit definition

Exxxxxx Money Deposit means the deposit of $20,000 to be given by Buyer to Escrow Agent pursuant to Section 3(a) of this Agreement, as well as all interest earned thereon in the interest-bearing money market account in which Escrow Agent is required to place the Exxxxxx Money Deposit.
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Exxxxxx Money Deposit means the deposit by Buyer in the amount specified in Section 3.2.
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Exxxxxx Money Deposit shall have the meaning set forth in Section 2.5.1.
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Examples of Exxxxxx Money Deposit in a sentence

  • The Exxxxxx Money Deposit shall be held by the Escrow Agent, in trust, on the terms hereinafter set forth.

  • Upon Closing, the Exxxxxx Money Deposit shall be applied to the Purchase Price.

  • Escrow Agent shall promptly advise Seller and Buyer that the Exxxxxx Money Deposit is made and the account number under which it has been deposited following clearance of funds.

  • The Exxxxxx Money Deposit will be refunded to Buyer if Buyer terminates this Agreement prior to the expiration of the Due Diligence Period as permitted under Section 11.1(a).

  • If for any reason the Closing does not occur and either party makes a written demand upon the Title Company for payment of the Exxxxxx Money Deposit, the Title Company shall give written notice to the other party of such demand.


More Definitions of Exxxxxx Money Deposit

Exxxxxx Money Deposit means the deposit to be made by Buyer hereunder in the amount of Two Million Five Hundred Thousand and 00/100 Dollars ($2,500,000.00), as well as all interest earned thereon in the interest bearing money market account in which Escrow Agent is required to place the Exxxxxx Money Deposit.
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Exxxxxx Money Deposit means the (i) initial exxxxxx money deposit, in the amount of FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($500,000.00), and (ii) any additional exxxxxx money deposit, in the amount of FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($500,000.00), to be given by Buyer to Escrow Agent pursuant to Section 3.(a) of this Agreement, which Escrow Agent is required to place in a non-interest bearing escrow account.
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Exxxxxx Money Deposit has the meaning set forth in Section 3.2.
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Exxxxxx Money Deposit means the deposits delivered by Buyer to Escrow Agent under Section 2.2 of this Agreement, together with the earnings thereon, if any.
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Exxxxxx Money Deposit has the meaning set forth in Section 6.20.
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Exxxxxx Money Deposit means the monies paid by or on behalf of Buyer to Seller prior to Loan Sale Closing Date in the amount and manner specified in the Bid Instructions contained in the Bid Package.
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Exxxxxx Money Deposit means the total sum of Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00), comprised of the Good Faith Deposit and the Deposit to be paid in accordance with Section 2.03 hereof, including any and all interest earned thereon, if any, while in the possession of the Escrow Agent.
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