Common use of Buyer’s Deposit Clause in Contracts

Buyer’s Deposit. Within two (2) business days after the Opening of Escrow, the Buyer shall deposit Zero Dollars ($0.00) in Escrow (the “Initial Deposit”). If Buyer delivers the Approval Notice (defined below) in accordance with Section 3.5 below, then upon expiration of Buyer’s Due Diligence Contingency Period, as set forth in Section 5.2 below, Buyer shall deposit an additional Thirteen Thousand Dollars ($13,000) (the “Additional Deposit”). The Initial Deposit and Additional Deposit are sometimes collectively referred to herein as the “Deposit.”

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

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Buyer’s Deposit. Within two (2) business days after the Opening of Escrow, the Buyer shall deposit Zero Seven Thousand Five Hundred Dollars ($0.007,500) in Escrow (the “Initial Deposit”). If Buyer delivers the Approval Notice (defined below) in accordance with Section 3.5 3.4 below, then upon expiration of Buyer’s Due Diligence Contingency Period, as set forth in Section 5.2 below, Buyer shall deposit an additional Thirteen Seven Thousand Five Hundred Dollars ($13,0007,500) (the “Additional Deposit”). The Initial Deposit and Additional Deposit are sometimes collectively referred to herein as the “DepositDeposits.”

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

Buyer’s Deposit. Within two (2) business days after the Opening of Escrow, the Buyer shall deposit Zero Dollars Four ThousandDollars ($0.004,000) in Escrow (the “Initial Deposit”). If Buyer delivers the Approval Notice (defined below) in accordance with Section 3.5 3.4 below, then upon expiration of Buyer’s Due Diligence Contingency Period, as set forth in Section 5.2 5.2(a) below, Buyer shall deposit an additional Thirteen Four Thousand Dollars ($13,0004,000) (the “Additional Deposit”). The Initial Deposit and Additional Deposit total Eight Thousand Dollars ($8,000) and are sometimes collectively referred to herein as the “DepositDeposits.”

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

Buyer’s Deposit. Within two (2) business days after the Opening of Escrow, the Buyer shall deposit Zero Sixteen Thousand, Two Hundred Eleven Dollars ($0.0016,211) in Escrow (the “Initial Deposit”). If Buyer delivers the Approval Notice (defined below) in accordance with Section 3.5 3.4 below, then upon expiration of Buyer’s Due Diligence Contingency Period, as set forth in Section 5.2 below, Buyer shall deposit an additional Thirteen Thousand Dollars Sixteen Thousand, Two Hundred ElevenDollars ($13,00016,211) (the “Additional Deposit”). The Initial Deposit and Additional Deposit are sometimes collectively referred to herein as the “DepositDeposits.”

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

Buyer’s Deposit. Within two (2) business days after the Opening of Escrow, the Buyer shall deposit Zero Ten Thousand Dollars ($0.0010,000) in Escrow (the “Initial Deposit”). If Buyer delivers the Approval Notice (defined below) in accordance with Section 3.5 3.4 below, then upon expiration of Buyer’s Due Diligence Contingency Period, as set forth in Section 5.2 below, Buyer shall deposit an additional Thirteen Ten Thousand Dollars ($13,00010,000) (the “Additional Deposit”). The Initial Deposit and Additional Deposit are sometimes collectively referred to herein as the “DepositDeposits.”

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

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Buyer’s Deposit. Within two (2) business days after the Opening of Escrow, the Buyer shall deposit Zero Dollars Six ThousandDollars ($0.006,000) in Escrow (the “Initial Deposit”). If Buyer delivers the Approval Notice (defined below) in accordance with Section 3.5 3.4 below, then upon expiration of Buyer’s Due Diligence Contingency Period, as set forth in Section 5.2 below, Buyer shall deposit an additional Thirteen Six Thousand Dollars ($13,0006,000) (the “Additional Deposit”). The Initial Deposit and Additional Deposit totalTwelve Thousand Dollars ($12,000) and are sometimes collectively referred to herein as the “DepositDeposits.”

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

Buyer’s Deposit. Within two (2) business days after the Opening of Escrow, the Buyer shall deposit Zero Seven Hundred Fifty Dollars ($0.00750) in Escrow (the “Initial Deposit”). If Buyer delivers the Approval Notice (defined below) in accordance with Section 3.5 3.4 below, then upon expiration of Buyer’s Due Diligence Contingency Period, as set forth in Section 5.2 below, Buyer shall deposit an additional Thirteen Thousand Seven Hundred Fifty Dollars ($13,000750) (the “Additional Deposit”). The Initial Deposit and Additional Deposit are sometimes collectively referred to herein as the “DepositDeposits.”

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

Buyer’s Deposit. Within two (2) business days after the Opening of Escrow, the Buyer shall deposit Zero Ten Thousand Dollars ($0.0010,000) in Escrow (the “Initial Deposit”). If Buyer delivers the Approval Notice (defined below) in accordance with Section 3.5 3.4 below, then upon expiration of Buyer’s Due Diligence Contingency Period, as set forth in Section 5.2 below, Buyer shall deposit an additional Thirteen Ninety Thousand Dollars ($13,00090,000) (the “Additional Deposit”). The Initial Deposit and Additional Deposit are sometimes collectively referred to herein as the “DepositDeposits.”

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions

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