Common use of Escrow Instructions and Additional Deposit Clause in Contracts

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Hundred Seventy-Five Thousand Two Hundred Dollars and no/100 Cents ($275,200.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two One Million Five Hundred Seventy-Five three Thousand Two Six Hundred Dollars and no/100 Cents ($275,200.001,573,600.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Million Five Hundred Fifty-four Thousand One Hundred Seventy-Five Thousand Two Hundred three Dollars and no/100 Cents ($275,200.002,554,173) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Million One Hundred SeventyForty-Five eight Thousand Two Hundred Sixty-six Dollars and no/100 Cents ($275,200.002,148,066) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Seven Hundred SeventyTwenty Thousand Five Hundred Ninety-Five Thousand Two Hundred seven Dollars and no/100 Cents ($275,200.00720,597) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two One Hundred Seventy-Five Forty Thousand Two Hundred Dollars and no/100 Cents ($275,200.00140,000.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Five Hundred Seventy-Five six Thousand Two One Hundred Thirty-five Dollars and no/100 Cents ($275,200.00576,135) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Three Hundred SeventyThirty-Five Nine Thousand Two Hundred Dollars and no/100 Cents ($275,200.00339,200.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two One Hundred SeventyThirty-Five three Thousand Two Eight Hundred Twenty-five Dollars and no/100 Cents ($275,200.00133,825) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two One Million One Hundred SeventyForty-Five eight Thousand Two Eight Hundred Thirty-eight Dollars and no/100 Cents ($275,200.001,148,838) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Six Hundred SeventyTwenty-Five Four Thousand Two Hundred Dollars and no/100 Cents ($275,200.00624,000.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Four Hundred SeventyThirty-Five Three Thousand Two Six Hundred Dollars and no/100 Cents ($275,200.00433,600.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Nine Hundred SeventyThirty-Five Six Thousand Two Hundred Dollars and no/100 Cents ($275,200.00936,000.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Hundred Seventy-Five one Thousand Two Hundred Eighty-two Dollars and no/100 Cents ($275,200.00271,082) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two Four Hundred SeventyForty-Five seven Thousand Two Hundred Dollars and no/100 Cents Eighty-five Dollar ($275,200.00447,285) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two One Million Four Hundred Seventy-Five Two Thousand Two Hundred Dollars and no/100 Cents ($275,200.001,472,000.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.

Escrow Instructions and Additional Deposit. The Initial Xxxxxxx Money Deposit, the Additional Deposit (as defined below in this Section 4.2), and the Evaluation Period Extension Deposit (as hereinafter defined in Section 5.1(b)) shall be held in escrow by the Escrow Agent in an interest-bearing account, in accordance with the provisions of Article XVII. (The Initial Xxxxxxx Money Deposit, Additional Deposit and Evaluation Period Extension Deposit are hereinafter collectively and individually referred to as the “Xxxxxxx Money Deposit”.) In the event this Agreement is not terminated by Purchaser pursuant to the terms hereof by the end of the Evaluation Period in accordance with the provisions of Section 5.3(c) herein, then, (i) prior to the expiration of the Evaluation Period, Purchaser shall deposit with the Escrow Agent, by Federal Reserve wire transfer of immediately available funds, the additional sum of Two One Million Nine-Hundred Seventy-Five Twenty Thousand Two Eight Hundred Dollars and no/100 Cents ($275,200.001,920,800.00) as an additional xxxxxxx money deposit on account of the Purchase Price (the “Additional Deposit”), and (ii) the Xxxxxxx Money Deposit and the interest earned thereon shall become non-refundable to Purchaser except in accordance with Sections 6.3, 9.1, 11.1, 11.2 and 13.1 below. TIME IS OF THE ESSENCE with respect to the payment of the Additional Deposit. In the event this Agreement is terminated by Purchaser prior to the expiration of the Evaluation Period, then the Initial Xxxxxxx Money Deposit, together with all interest earned thereon, shall be refunded to Purchaser.