Purchaser’ Deposits. On or before the Close of Escrow, the following will be deposited with Escrow Holder:
Purchaser’ Deposits. (a) On or before Closing (as to exxxxxx money deposits received prior to Closing), and promptly after receiving any additional exxxxxx money deposits made by the Residential Unit Purchasers from time to time (as to exxxxxx money deposits received following Closing), Borrower shall deposit with Axxxxxxx & Bxxxx, L.L.P. and Heritage Title Company of Austin, Inc., jointly and severally, as escrow agent (or any successor agent approved by Lender in writing in its sole discretion) (together, jointly and severally, the "Escrow Agent"), in accordance with the Escrow Agreement, and shall cause Escrow Agent to maintain in one or more accounts titled in the name and subject to the control of Escrow Agent all exxxxxx money deposits paid by Residential Unit Purchasers under the Sales Agreements (the "Exxxxxx Money Deposits").
Purchaser’ Deposits. (a) On or before Closing (as to xxxxxxx money deposits received prior to Closing), and promptly after receiving any additional deposits made by the Residential Unit Purchasers from time to time (as to xxxxxxx money deposits received following Closing), Borrower shall deposit with Xxxxxxxx & Xxxxx, L.L.P. and Heritage Title Company of Austin, Inc., jointly and severally, as escrow agent (or any successor agent approved by Lender in writing in its sole discretion) (together, jointly and severally, the “Escrow Agent”), in accordance with the Escrow Agreement, a copy of which has been delivered to Lender, and shall cause Escrow Agent to maintain in one or more accounts titled in the name and subject to the control of Escrow Agent all xxxxxxx money deposits paid by Residential Unit Purchasers under the Sales Agreements (the “Xxxxxxx Money Deposits”). At Lender’s option, Borrower shall require Escrow Agent to use Lender as the depository bank for all deposits, and in such case, the deposits shall be placed in an interest bearing account. Such account(s) shall bear interest at a rate comparable to the rate provided by Escrow Agent.
Purchaser’ Deposits. (a) On or before Closing (as to xxxxxxx money deposits received prior to Closing), and promptly after receiving any additional xxxxxxx money deposits made by the Residential Unit Purchasers from time to time (as to xxxxxxx money deposits received following Closing), Borrower shall deposit with Xxxxxxxx & Xxxxx, L.L.P. and Heritage Title Company of Austin, Inc., jointly and severally, as escrow agent (or any successor agent approved by Senior Lender) (together, jointly and severally, the “Escrow Agent”), in accordance with the Escrow Agreement, and shall cause Escrow Agent to maintain in one or more accounts titled in the name and subject to the control of Escrow Agent all xxxxxxx money deposits paid by Residential Unit Purchasers under the Sales Agreements (the “Xxxxxxx Money Deposits”).
Purchaser’ Deposits. Purchaser shall deposit into Escrow: (i) the Purchase Price plus or minus (as the case may be) all other amounts credited to or against Purchaser hereunder (“Balance of the Purchase Price”), and (ii) such other documents as Purchaser is required to deliver to Seller hereunder.
