Common use of Closing Payment Clause in Contracts

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid by Purchaser, by wire transfer of immediately available federal funds to an account or accounts designated in writing by Seller.

Appears in 3 contracts

Samples: Contract of Sale (KBS Real Estate Investment Trust, Inc.), Contract of Sale (Atlantic Express Transportation Corp), Contract of Sale (Sports Arenas Inc)

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Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by Purchaser, by wire transfer of immediately available federal funds through the Escrow as of the Closing (the amount to an account or accounts designated in writing by Sellerbe paid under this Section being herein called the “Closing Payment”).

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Closing Payment. The Purchase Price, as adjusted increased or decreased by the application of the Deposit and by the credits, prorations and credits specified hereinadjustments, shall be paid by Purchaser, by Purchaser to Seller in cash in the form of a confirmed federal wire transfer of immediately available federal funds to an account or accounts designated in writing by Sellerfunds.

Appears in 1 contract

Samples: Agreement of Sale and Purchase

Closing Payment. The Purchase Price, as adjusted by the application of the Deposit and by the prorations and credits specified herein, shall be paid by Purchaser, by wire transfer of immediately available federal funds to an account or accounts designated in writing by SellerSeller on the “Closing Date” (as hereinafter defined) (the amount being paid under this Section 3.3 being herein called the “Closing Payment”).

Appears in 1 contract

Samples: Contract of Purchase and Sale (Hines Global Reit Ii, Inc.)

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Closing Payment. The Purchase Price, as adjusted by the application of the Deposit Deposit, and by the prorations and credits specified herein, shall be paid by Purchaser, by wire transfer of immediately available federal funds to an account or accounts designated in writing by SellerSeller on the Closing Date (as hereinafter defined) (the amount being paid under this Section 3.3 being herein called the “Closing Payment”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (KBS Legacy Partners Apartment REIT, Inc.)

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