Common use of Interest Bearing Clause in Contracts

Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s and Seller’s tax identification or social security numbers are set forth below their signatures.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Industrial Income Trust Inc.), Agreement of Purchase and Sale (Banc of California, Inc.), Agreement of Purchase and Sale (Industrial Income Trust Inc.)

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Interest Bearing. The Deposit shall (ia) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller Seller, and (iib) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s and Seller’s tax identification or social security numbers are set forth herein below their signatures.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Cubist Pharmaceuticals Inc), Agreement of Purchase and Sale (Talon Real Estate Holding Corp.)

Interest Bearing. The Deposit shall (ia) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller Seller, and (iib) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s 's and Seller’s 's tax identification or social security numbers are set forth herein below their signatures.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (RREEF Property Trust, Inc.), Agreement of Purchase and Sale (Centene Corp)

Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller and (ii) shall include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s 's and Seller’s 's tax identification or social security numbers are set forth below their signatures.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Brandywine Realty Trust), Agreement of Purchase and Sale (Brandywine Realty Trust)

Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s and Seller’s tax identification or social security numbers are set forth below their signatures.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Blackstone Real Estate Income Trust, Inc.)

Interest Bearing. The Deposit shall may, at Purchaser's request, (ia) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller Seller, and (iib) include any interest earned thereon. To allow In the interest event Purchaser requests the Deposit be placed in an interest-bearing account to be openedaccount, Purchaser’s Purchaser and Seller’s Seller shall provide Escrow Agent their respective tax identification or social security numbers are set forth below their signaturesnumbers.

Appears in 1 contract

Samples: Agreement of Purchase and Sale

Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s 's and Seller’s 's tax identification or social security numbers are set forth below their signatures.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (RREEF Property Trust, Inc.)

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Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s and Seller’s tax identification or social security numbers are set forth below their its signatures. All interest earned on the Deposit shall remain a part of the Deposit.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Centerpoint Properties Trust)

Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s and Seller’s tax identification or social security numbers are set forth below their signatures.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Wells Real Estate Investment Trust Ii Inc)

Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s and Seller’s tax identification or social security numbers are set forth below their signatures.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Strategic Storage Growth Trust, Inc.)

Interest Bearing. The Deposit shall (i) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller and (ii) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s 's and Seller’s 's tax identification or social security numbers are set forth below their signatures.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Cedar Shopping Centers Inc)

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