Interest on the Deposit. Any interest earned on the Deposit shall be credited and delivered to the party receiving the Deposit, provided, however, that if the transaction closes, at Closing any interest earned on the Deposit shall be credited to Purchaser by applying the same against the Purchase Price.
Appears in 5 contracts
Samples: Sale, Purchase and Escrow Agreement (Resource Apartment REIT III, Inc.), Sale, Purchase and Escrow Agreement (KBS Real Estate Investment Trust III, Inc.), Sale, Purchase and Escrow Agreement (Resource Apartment REIT III, Inc.)
Interest on the Deposit. Any interest earned on the Deposit shall be credited and delivered to the party receiving entitled to receive the Deposit, provided, however, that if the transaction closes, at Closing any interest earned on the Deposit shall be credited to Purchaser by applying the same against the Purchase Price.
Appears in 2 contracts
Samples: Sale, Purchase and Escrow Agreement (Behringer Harvard Multifamily Reit I Inc), Sale, Purchase and Escrow Agreement (Behringer Harvard Multifamily Reit I Inc)
Interest on the Deposit. Any interest earned on the Deposit shall be credited and delivered to the party receiving the Deposit, providedPROVIDED, howeverHOWEVER, that if the transaction closes, at Closing any interest earned on the Deposit shall be credited to Purchaser by applying the same against the Purchase Price.
Appears in 2 contracts
Samples: Sale, Purchase and Escrow Agreement (Behringer Harvard Opportunity REIT I, Inc.), Sale, Purchase and Escrow Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
Interest on the Deposit. Any interest earned on the Deposit shall be credited and delivered to the party receiving the Deposit, provided, except however, that if the transaction closes, at Closing any interest earned on the Deposit prior to its delivery to Seller shall be credited to Purchaser by applying the same against the Purchase PriceBuyer.
Appears in 1 contract
Samples: Sale, Purchase and Escrow Agreement (Behringer Harvard Reit I Inc)
Interest on the Deposit. Any interest earned on the Deposit shall be credited and delivered to the party receiving the Deposit, providedas applicable, howeverPROVIDED, HOWEVER, that if the transaction closes, at Closing any interest earned on the Deposit shall be credited to Purchaser by applying the same against the Purchase Price.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Behringer Harvard Mid Term Value Enhancement Fund I Lp)
Interest on the Deposit. Any interest earned on the Deposit shall be credited and delivered to the party receiving the Deposit, ; provided, however, that if the transaction closes, at Closing any interest earned on the Deposit shall be credited to Purchaser by applying the same against the Purchase Price.
Appears in 1 contract
Samples: Sale, Purchase and Escrow Agreement (KBS Strategic Opportunity REIT II, Inc.)
