Common use of Closing Amount Clause in Contracts

Closing Amount. On or before the Closing, if this Agreement has not been earlier terminated, Buyer shall deposit into Escrow cash or other immediately available funds in the amount of the balance of the Purchase Price less the Deposit, and adjusted for the prorations and any other adjustments, if any, provided elsewhere in this Agreement (the “Closing Amount”).

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement