Payment; Escrow. On the Default Purchase Closing Date, the Default Purchase Price may be deposited in good federal funds that are immediately available at the place of closing in escrow with the title company involved with the transaction or with either Purchasing Member's or Selling Member's counsel.
Appears in 3 contracts
Sources: Limited Liability Company Agreement (CBL & Associates Properties Inc), Master Transaction Agreement (CBL & Associates Properties Inc), Limited Liability Company Agreement (CBL & Associates Properties Inc)
Payment; Escrow. On the Default Purchase Closing Date, the Default Purchase Price may be deposited in good federal funds that are immediately available at the place of closing in escrow with the title company involved with the transaction or with either Purchasing Member's ’s or Selling Member's ’s counsel.
Appears in 1 contract
Sources: Limited Liability Company Agreement (CBL/Regency I, LLC)