Common use of Independent Consideration Clause in Contracts

Independent Consideration. Seller and Purchaser acknowledge and agree that if the Deposit is to be returned to Purchaser pursuant to any of the provisions of this Agreement, the Escrow Agent shall retain One Hundred and 00/100s Dollars ($100.00) from the Deposit and shall pay such amount to Seller as independent consideration paid by Purchaser to Seller for Seller’s execution and delivery of this Agreement.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc), Escrow Agreement (Adcare Health Systems Inc)

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Independent Consideration. Seller Sellers and Purchaser acknowledge and agree that if the Deposit is to be returned to Purchaser pursuant to any of the provisions of this Agreement, the Escrow Agent shall retain One Hundred and 00/100s 00/100 Dollars ($100.00) from the Deposit and shall pay such amount to Seller Sellers as independent consideration paid by Purchaser to Seller Sellers for Seller’s Sellers’ execution and delivery of this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc)

Independent Consideration. Seller and Purchaser acknowledge and agree that if the Deposit is to be returned to Purchaser pursuant to any of the provisions of this Agreement, the Escrow Agent shall retain One Hundred and 00/100s Dollars ($100.00) from the Deposit and shall pay such amount to Seller as independent consideration paid by Purchaser to Seller for Seller’s execution and delivery of this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Amendment (Adcare Health Systems Inc)

Independent Consideration. Seller Sellers and Purchaser acknowledge and agree that if the Deposit is to be returned to Purchaser pursuant to any of the provisions of this Agreement, the Escrow Agent shall retain One Hundred and 00/100s Dollars ($100.00) from the Deposit and shall pay such amount to Seller Sellers as independent consideration paid by Purchaser to Seller Sellers for Seller’s Sellers’ execution and delivery of this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc)

Independent Consideration. Seller and Purchaser acknowledge and agree that if the Deposit is to be returned to Purchaser pursuant to any of the provisions of this Agreement, except the absolute default of Seller, the Escrow Agent shall retain One Hundred and 00/100s Dollars ($100.00) from the Deposit and shall pay such amount to Seller as independent consideration paid by Purchaser to Seller for Seller’s execution and delivery of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc)

Independent Consideration. Seller Sellers and Purchaser acknowledge and agree that if the Deposit is to be returned to Purchaser pursuant to any of the provisions of this Agreement, the Escrow Agent shall retain One Hundred and 00/100s Dollars ($100.00) from the Deposit and shall pay such amount to Seller Sellers as independent consideration paid by Purchaser to Seller Sellers for Seller’s Sellers’ execution and delivery of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc)

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Independent Consideration. Seller and Purchaser acknowledge and agree that if the Deposit is to be returned to Purchaser pursuant to any of the provisions of this Agreement, the Escrow Agent shall retain One Hundred and 00/100s 00/100 Dollars ($100.00) from the Deposit and shall pay such amount to Seller as independent consideration paid by Purchaser to Seller for Seller’s execution and delivery of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems, Inc)

Independent Consideration. Buyer and Seller and Purchaser acknowledge and agree that if the Deposit is to shall be returned to Purchaser Buyer pursuant to any of the provisions of this Agreement, the Escrow Agent shall retain One Hundred and 00/100s No/100 Dollars ($100.00) from the Deposit and shall pay such amount to Seller as independent consideration paid by Purchaser Buyer to Seller for Seller’s execution and delivery of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (ESH Hospitality, Inc.)

Independent Consideration. Seller Sellers and Purchaser Buyer acknowledge and agree that if the Deposit is to be returned to Purchaser Buyer pursuant to any of the provisions of this Agreement, the Escrow Agent shall retain simultaneously pay One Hundred and 00/100s Dollars ($100.00) from the Deposit and shall pay such amount to Seller Sellers as independent consideration paid by Purchaser Buyer to Seller Sellers for Seller’s Sellers’ execution and delivery of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cousins Properties Inc)

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