Common use of DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING Clause in Contracts

DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING. Upon execution of this Agreement by Buyer, Buyer shall deposit with Alexander Auctions & Real Estate Sales (hereinafter called “Agent”), to be deposited in Alexander Auctions & Real Estate Sales Escrow Account in the First State Bank whose address is 000 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX 00000, the amount of _ Dollars ($ ) as xxxxxxx money (hereinafter “Escrow Deposit”) with the execution of this contract and the amount of $ to be paid upon delivery of the deed as follows: $ cash at closing. Upon closing of the transaction contemplated by this Agreement (hereinafter “Closing”), the Escrow Deposit shall be credited toward the Purchase Price. As a material part of the consideration for Seller’s execution of this Agreement, Buyer hereby agrees that Escrow shall close within Thirty ( 30 ) days after the date of the auction, which auction date for this Property is/was AUGUST 26TH, 2019 (hereinafter the “Closing”).

Appears in 2 contracts

Samples: Agreement for Purchase, Agreement for Purchase

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DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING. Upon execution of this Agreement by Buyer, Buyer shall deposit with Alexander Auctions & Real Estate Sales (hereinafter called “Agent”), to be deposited in Alexander Auctions & Real Estate Sales Escrow Account in the First State Bank whose address is 000 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX 00000, the amount of ___________________________________________ _ Dollars ($ $________________) as xxxxxxx money (hereinafter “Escrow Deposit”) with the execution of this contract and the amount of $ to be paid upon delivery of the deed as follows: $ cash at closing. Upon closing of the transaction contemplated by this Agreement (hereinafter “Closing”), the Escrow Deposit shall be credited toward the Purchase Price. As a material part of the consideration for Seller’s execution of this Agreement, Buyer hereby agrees that Escrow shall close within Thirty ( 30 ) days after the date of the auction, which auction date for this Property is/was AUGUST 26TH___ September 14th, 2019 2018 (hereinafter the “Closing”).

Appears in 1 contract

Samples: Agreement for Purchase

DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING. Upon execution of this Agreement by Buyer, Buyer shall deposit with Alexander Auctions & Real Estate Sales (hereinafter called “Agent”), to be deposited in Alexander Auctions & Real Estate Sales Escrow Account in the First State Bank whose address is 000 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX 00000, the amount of _ &NO/CENTS Dollars ($ $_ __) as xxxxxxx money (hereinafter “Escrow Deposit”) with the execution of this contract and the amount of $ to be paid upon delivery of the deed as follows: $ cash at closing. Upon closing of the transaction contemplated by this Agreement (hereinafter “Closing”), the Escrow Deposit shall be credited toward the Purchase Price. As a material part of the consideration for Seller’s execution of this Agreement, Buyer hereby agrees that Escrow shall close within Thirty thirty ( 30 ) days after the date of the auction, which auction date for this Property is/was AUGUST 26TH___DECEMBER 10TH, 2019 2020__ (hereinafter the “Closing”).

Appears in 1 contract

Samples: Agreement for Purchase

DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING. Upon execution of this Agreement by Buyer, Buyer shall deposit with Alexander Auctions & Real Estate Sales (hereinafter called “Agent”), to be deposited in Alexander Auctions & Real Estate Sales Escrow Account in the First State Bank whose address is 000 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX 00000, the amount of ___________________________________________ _ Dollars ($ $________________) as xxxxxxx money (hereinafter “Escrow Deposit”) with the execution of this contract and the amount of $ to be paid upon delivery of the deed as follows: $ cash at closing. Upon closing of the transaction contemplated by this Agreement (hereinafter “Closing”), the Escrow Deposit shall be credited toward the Purchase Price. As a material part of the consideration for Seller’s execution of this Agreement, Buyer hereby agrees that Escrow shall close within Thirty Forty-Five ( 30 45 ) days after the date of the auction, which auction date for this Property is/was AUGUST 26TH___ August 6th, 2019 2020__ (hereinafter the “Closing”)) and the approval of the Bankruptcy Court.

Appears in 1 contract

Samples: Agreement for Purchase

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DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING. Upon execution of this Agreement by Buyer, Buyer shall deposit with Alexander Auctions & Real Estate Sales (hereinafter called “Agent”), to be deposited in Alexander Auctions & Real Estate Sales Escrow Account in the First State Bank whose address is 000 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX 00000, the amount of ___________________________________________ _ Dollars ($ $________________) as xxxxxxx money (hereinafter “Escrow Deposit”) with the execution of this contract and the amount of $ to be paid upon delivery of the deed as follows: $ cash at closing. Upon closing of the transaction contemplated by this Agreement (hereinafter “Closing”), the Escrow Deposit shall be credited toward the Purchase Price. As a material part of the consideration for Seller’s execution of this Agreement, Buyer hereby agrees that Escrow shall close within Thirty ( 30 ) days after the date of the auction, which auction date for this Property is/was AUGUST 26TH___ September 13th, 2019 2018 (hereinafter the “Closing”).

Appears in 1 contract

Samples: Agreement for Purchase

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