Common use of Closing Deposit Clause in Contracts

Closing Deposit. The Purchase Price less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, in the form of Cash, pursuant to Section 7.1 hereof, and distributed by Escrow Agent to Seller on the Closing in accordance with the provisions of Section 12.1(c) hereof.

Appears in 4 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement (Ascend Wellness Holdings, LLC), Purchase and Sale Agreement (Ascend Wellness Holdings, LLC)

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Closing Deposit. The Purchase Price Price, less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, in the form of Cash, pursuant to Section 7.1 hereof, and shall be distributed by Escrow Agent to Seller on at the Closing Closing, subject to and in accordance with the provisions of Section 12.1(c) hereofthis Agreement. Escrow Agent shall promptly notify Seller of its receipt of the Closing Deposit from Buyer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Excel Trust, Inc.), Purchase and Sale Agreement (Excel Trust, Inc.)

Closing Deposit. The Purchase Price less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, in the form of Cash, pursuant to Section 7.1 hereof, and distributed by Escrow Agent to Seller on the Closing in accordance with the provisions of Section 12.1(c) hereof.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (TILT Holdings Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (TILT Holdings Inc.)

Closing Deposit. The Cash Purchase Price Price, less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, Agent in the form of Cash, pursuant to Section 7.1 hereof, and distributed by Escrow Agent to Seller on the Closing Closing, in accordance with the provisions of Section 12.1(c) hereofthis Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.), Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.)

Closing Deposit. The Purchase Price Price, less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, Agent in the form of Cash, pursuant to Section 7.1 hereof, cash by wire transfer and distributed by Escrow Agent to Seller on at the Closing Closing, subject to and in accordance with the provisions of Section 12.1(c) hereofterms and conditions set forth in this Agreement (the “Closing Deposit”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Excel Trust, Inc.)

Closing Deposit. The Initial Purchase Price less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, in the form of Cash, pursuant to Section 7.1 hereof, and distributed by Escrow Agent to Seller on the Closing in accordance with the provisions of Section 12.1(c) hereof.

Appears in 1 contract

Samples: Memorandum of Purchase Option (Innovative Industrial Properties Inc)

Closing Deposit. The Purchase Price less Price, less: (i) the Initial Deposit Deposit; and ("ii) the Extension Deposit, as applicable (“Closing Deposit"), shall be paid by Buyer to Escrow Agent, in the form of Cash, pursuant to Section 7.1 hereof, and shall be distributed by Escrow Agent to Seller on at the Closing Closing, subject to and in accordance with the provisions of Section 12.1(c) hereofthis Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Excel Trust, Inc.)

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Closing Deposit. The Cash Purchase Price Price, less the Initial Deposit ("the “Closing Deposit"), shall be paid by Buyer to Escrow AgentHolder, in the form of Cash, pursuant to Section 7.1 hereof, and distributed by Escrow Agent Holder to Seller on the Closing in accordance with the provisions of Section 12.1(c) hereof.

Appears in 1 contract

Samples: Purchase and Contribution Agreement and Joint Escrow Instructions (Pacific Office Properties Trust, Inc.)

Closing Deposit. The Purchase Price Price, less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, in the form of Cash, pursuant to Section 7.1 hereof, and the Purchase Price shall be distributed by Escrow Agent to Seller on Sellers at the Closing Closing, subject to and in accordance with the provisions of Section 12.1(c) hereofthis Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Excel Trust, L.P.)

Closing Deposit. The Purchase Price less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, in the form of Cash, pursuant to Section 7.1 hereof, and distributed by Escrow Agent to Seller on the Closing in accordance with the provisions of Section 12.1(c) hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Innovative Industrial Properties Inc)

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