Common use of Earnest Money Deposit Clause in Contracts

Earnest Money Deposit. An Xxxxxxt Money Deposit in the xxxxxx of $25,000 shall be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived by Escrow Agent by such deadline. The Earnest Money Deposit paix xx Xxyer shall be deposited by Escrow Agent in an interest bearing account at First Union National Bank, and shall be held and disbursed by Escrow Agent as specifically provided in this Agreement. The Earnest Money Deposit shall xx xxxxied to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

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Earnest Money Deposit. An Xxxxxxt Money Earxxxx Xxney Deposit in the xxxxxx of amoxxx xx $25,000 12,500 shall be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived not xxxxxxxd by Escrow Agent by such deadline. The Earnest Money Deposit paix xx Xxyer paid by Xxxxx shall be deposited by Escrow Agent in an interest bearing account at First Union National Bank, and shall be held and disbursed by Escrow Agent as specifically provided in this Agreement. The Earnest Money Deposit shall xx xxxxied be axxxxxx to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Reinstatement Agreement (Regency Realty Corp)

Earnest Money Deposit. An Xxxxxxt Earnest Money Deposit in Dexxxxx xn the xxxxxx amount of $25,000 shall 100,000 xxxxl be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived not received by Escrow Agent Exxxxx Xgent by such deadline. The Earnest Money Deposit paix paid by Buyer shall xx Xxyer shall be deposited xxxosited by Escrow Agent in an interest bearing account at First Union National Bank, and shall be held and disbursed by Escrow Agent as specifically provided in this Agreement. The Earnest Money Deposit shall xx xxxxied be applied to the Purchase Xxxxxxse Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Centers Lp)

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Earnest Money Deposit. An Xxxxxxt Money Earnexx Xxxxy Deposit in the xxxxxx of amounx xx $25,000 02,500 shall be delivered to Escrow Agent within three (3) days after the date of execution by the last of Buyer or Seller to execute and transmit a copy of this Agreement to the other. This Agreement may be terminated by Seller if the Earnest Money Deposit is nxx xxxeived not rexxxxxx by Escrow Agent by such deadline. The Earnest Money Deposit paix xx Xxyer shall paid by Bxxxx xxall be deposited by Escrow Agent in an interest bearing account at First Union National Bank, and shall be held and disbursed by Escrow Agent as specifically provided in this Agreement. The Earnest Money Deposit shall be appxxxx xx xxxxied to the Purchase Price at the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Regency Realty Corp)

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