Eaxxxxx Xoney Sample Clauses

Eaxxxxx Xoney. Section 5(b) of the Purchase Agreement is hereby amended to change the amount of the Eaxxxxx Xoney deposit from “Fifty Thousand and 00/100 Dollars ($50,000.00)” to “One Hundred Thousand and 00/100 Dollars ($100,000.00)”.
Sample 1
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Eaxxxxx Xoney. Within five (5) business days after an election has been made or deemed made under Section 15.1(c), the acquiring Member shall deposit with a mutually acceptable third-party escrow agent a non-refundable eaxxxxx xoney deposit in the amount of five percent (5%) of the amount the selling Member is entitled to receive for its Interest under this Section 15.1, which amount shall be applied to the purchase price at closing. If the acquiring Member should thereafter fail to consummate the transaction for any reason other than a default by the selling Member or a refusal by any lender of the Company or any Subsidiary who has a right under its loan documents to consent to such transfer to so consent, (i) (A) the eaxxxxx xoney deposit shall be distributed from escrow to the selling Member, free of all claims of the acquiring Member, as liquidated damages and constituting the sole and exclusive remedy available to the selling Member because of a default by the acquiring Member or (B) the selling Member may, by delivering to the acquiring Member written notice thereof, elect to buy the acquiring Member’s entire Interest for an amount equal to the amount the acquiring Member would have been entitled to receive if the Company had sold all of its assets for the Valuation Amount and the Company had immediately paid all Company liabilities and Imputed Closing Costs and distributed the net proceeds of the sale to the Members in satisfaction of their Interests pursuant to Section 13.3, in which case, the Closing Date therefor shall be the date specified in the selling Member’s notice, and (ii) if the acquiring Member was the Offeror, the non-refundable eaxxxxx xoney deposit for any future election by the acquiring Member to buy the selling Member’s Interest shall be twenty percent (20%) of the amount the selling Member is entitled to receive for its Interest in connection with such future election.
Sample 1
Eaxxxxx Xoney. Within three business days of the execution and delivery of this Agreement, Purchaser shall deposit with Chicago Title Insurance Company (“Title Company”), having its office at 710 Xxxx Xxxxxx, Xxxxx 0000X, Xxxxxxx, Xxxxx 00000, Attention: Jixxx Xxxxx/Xexx Xxxxxxxx (the “Escrow Agent”), the sum of One Million Dollars ($1,000,000) (the “Eaxxxxx Xoney”) in good funds, either by certified bank or cashier’s check or by federal wire transfer. Escrow Agent shall hold the Eaxxxxx Xoney in an interest-bearing account in accordance with the terms and conditions of this Agreement. For purposes of issuing the Title Policy, the Escrow Agent shall “co-broker” the Title Policy with First American Title Insurance Company (“First American”), and such parties shall split any commissions as follows: Escrow Agent to receive commissions on the base title policy premium up to the amount of the Purchase Price and First American to receive commissions on any title policy premium in excess of the Purchase Price and on any endorsements to the title policy. All interest accruing on such sum shall become a part of the Eaxxxxx Xoney and shall be distributed as Eaxxxxx Xoney in accordance with the terms of this Agreement. The Eaxxxxx Xoney shall be applied to the Purchase Price at Closing unless otherwise set forth herein. After the expiration of the Inspection Period, the Eaxxxxx Xoney shall become non-refundable to Purchaser unless otherwise expressly set forth in this Agreement.
Sample 1
Eaxxxxx Xoney. Buyer shall deposit the Eaxxxxx Xoney with Holder within ten (10) days after the commencement of the Due Diligence Period, to be held in escrow and to be applied to the Purchase Price at Closing, or refunded to Buyer if Buyer terminates this Agreement in accordance with the terms hereof. If Buyer defaults in its obligation to close and pay the Purchase Price, Seller shall be entitled to receive the Eaxxxxx Xoney as liquidated damages.
Sample 1
Eaxxxxx Xoney. (a) Within two (2) Business Days after the Effective Date, Purchaser shall deliver $500,000 (the “Eaxxxxx Xoney”) to Chicago Title Insurance Company (the “Escrow Agent”) by federal wire transfer, which Initial Eaxxxxx Xoney shall be held and released by Escrow Agent in accordance with the escrow provisions set forth at Exhibit “I” hereto with respect to the Eaxxxxx Xoney (the “Escrow Agreement”).
Sample 1

Related to Eaxxxxx Xoney

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  • Xxxxxx Xxxxxx Xxxx Xx s Birthday;

  • XXX XXXXXXX Xxx The parties hereto acknowledge that in accordance with Section 326 of the USA PATRIOT Act, the Trustee, like all financial institutions and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship or opens an account with the Trustee. The parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the USA PATRIOT Act.

  • XXXXXX XXX Xxxxxx Xxx, a federally chartered and privately owned corporation organized and existing under the Federal National Mortgage Association Charter Act, or any successor thereto.

  • Xxxxxx, Xx Xxxxxxx X.

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  • Xxxxxxx, Xx Xxxxxxx X. Xxxxxxx, Xx. has served as a Senior Vice President of IPT since August 1997, and served as Vice President and Director of Operations of IPT from December 1996 until August 1997. Xx. Xxxxxxx'x principal employment has been with Insignia for more than the past five years. From January 1994 to September 1997, Xx. Xxxxxxx served as Managing Director-- Partnership Administration of Insignia. PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND NAME FIVE-YEAR EMPLOYMENT HISTORY ---- ---------------------------- Xxxxxx Xxxxxx Xxxxxx Xxxxxx has served as Vice President and Treasurer of IPT since December 1996. Xx. Xxxxxx served as a Vice President of IPT from December 1996 until August 1997 and as Chief Financial Officer of IPT from May 1996 until December 1996. For additional information regarding Xx. Xxxxxx, see Schedule III.

  • Xxx Xxxxxxx If the Parties do not agree on an Adjudicator the Adjudicator will be appointed by the Arbitration Foundation of Southern Africa (AFSA).

  • Xxxxxxxx Xxxx Xxxxx, all sons of Late Sukur Xxx Xxxxx (13) Anjura Xxxxxx, wife of Late Sukur Xxx Xxxxx and (14) Sri Xxxxxxxxxx Xxxxxx, son of Late Xxxxxxxxx Xxxxxx, who has been represented by his lawfully constituted attorney Sri Xxxxxxxxx Xxxx Xxxxxxxx, son of Late Bilash Xxxxxxx Xxxxxxxx, by way of a Deed of Sale in Bengali language (kobala) dated 03rd June 2016 registered in the office of the District Sub-Registrar-III, North 24 Parganas and recorded in Book-I, Volume No. 1519-2016, at Pages 23140 to 23177, being No. 151901072 for the year 2016, sold, conveyed and transferred in favour of Smt. Lakshmi Xxxx Xxxxxxxx, wife of Sri Xxxxxxxxx Xxxx Xxxxxxxx, ALL THAT (1) piece and parcel of Sali (agricultural) land measuring 12 (twelve) decimal, more or less, comprised in R.S./L.R. Dag No. 105, recorded under L.R. Khatian Nos. 291, 684, 247, 1696, 300, 1981, 175, 277, 1294 and 1383 and (2) piece and parcel of Sali (agricultural) land measuring 0.88 (zero point eight eight) decimal, more or less, equivalent to 383.64 (three hundred and eighty three point six four) square feet, more or less [out of total land measuring 08 (eight) decimal, more or less], being part of R.S./L.R. Dag No. 101, recorded in L.R. Khatian No. 1811, both aggregating to land measuring 12.88 (twelve point eight eight) decimal, more or less, Mouza Paschim Icchapur, X.X. No. 29, Xx.Xx. No. 202, Police Station Barasat, within the limits of Xxxx No. 34 of Barasat Municipality, Xxx-Xxxxxxxxxxxx Xxxxxxxx Xxxxxxxxxxxx, Xxxxxxxx Xxxxx 00 Parganas (hereinafter referred as “Lakshmi’s First Land”).

  • Xxxxxx Xxxx The right-of-way, the roadway and all improvements constructed thereon connecting the airport to a public highway.

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