Xxxxxxx Money/Trust Money Sample Clauses

Xxxxxxx Money/Trust Money. Buyer has paid or will pay within 7 days after the Binding Agreement Date to 000 Xxxx Xxxxx Prop_erties (name of Holder) (“Holder”) located at 156 000 Xxxxx Xx Xxxxxxxxx XX 00000 (address of Holder), a Xxxxxxx 157 Money/Trust Money deposit of $ 500 by check (OR 158 ) (“Xxxxxxx Money/Trust Money”). This form is copyrighted and may only be used in real estate transactions in which C_ rystal G_ xxxxx is involved as a TAR authorized user. Authentisign ID: A0CF7374-05E6-4114-ACF1-A2669C75FFCC Authentisign ID: A0CF7374-05E6-4114-ACF1-A2669C75FFCC DocuSign Envelope ID: B274E93A-6FA9-447C-9FA Authentisign ID: 925942B7-70A3-49C8-978A-085EAB64FE10 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 A. Failure to Receive Xxxxxxx Money/Trust Money. In the event Xxxxxxx Money/Trust Money (if applicable) is not timely received by Holder or Xxxxxxx Money/Trust Money check or other instrument is not honored for any reason by the bank upon which it is drawn, Holder shall promptly notify Buyer and Seller of the Buyer’s failure to deposit the agreed upon Xxxxxxx Money/Trust Money. Buyer shall then have one (1) day to deliver Xxxxxxx Money/Trust Money in immediately available funds to Holder. In the event Buyer does not deliver such funds, Buyer is in default and Seller shall have the right to terminate this Agreement by delivering to Buyer or Buyer’s representative written notice via the Notification form or equivalent written notice. In the event Buyer delivers the Xxxxxxx Money/Trust Money in immediately available funds to Holder before Seller elects to terminate, Seller shall be deemed to have waived his right to terminate, and the Agreement shall remain in full force and effect.
AutoNDA by SimpleDocs
Xxxxxxx Money/Trust Money. Xxxxxx is authorized to accept from Buyer a deposit as xxxxxxx money/trust 281 money to be applied to the purchase price for the Property. Such deposit is to be held by Xxxxxx in an escrow or trustee 282 account or forwarded to party authorized to hold said funds as set forth in an executed contract for the purchase, lease, 283 exchange, or option agreement until disbursed in accordance with the terms of said agreement.
Xxxxxxx Money/Trust Money. Firm is authorized to accept from buyer a deposit as Xxxxxxx Money/Trust Money to be applied to the purchase price for the Property. Such deposit is to be held by closing attorney in an escrow or trustee account or forwarded to party authorized to hold said funds as set forth in an executed contract for the purchase, lease, exchange, or option agreement until disbursed in accordance with the terms of said agreement.
Xxxxxxx Money/Trust Money. Buyer has paid or will pay within days after the Binding Agreement Date to 155 (name of Xxxxxx) (“Holder”) located at 156 (address of Holder), a Xxxxxxx 157 Money/Trust Money deposit of $ by check (OR 158 ) (“Xxxxxxx Money/Trust Money”).
Xxxxxxx Money/Trust Money. Broker is authorized to accept from Buyer a deposit as xxxxxxx money/trust 277 money to be applied to the purchase price for the Property. Such deposit is to be held by Broker in an escrow or trustee 278 account or forwarded to party authorized to hold said funds as set forth in an executed contract for the purchase, lease, 279 exchange, or option agreement until disbursed in accordance with the terms of said agreement.

Related to Xxxxxxx Money/Trust Money

  • Deposited Money and Government Obligations to Be Held in Trust; Other Miscellaneous Provisions Subject to the provisions of the last paragraph of Section 1003, all money and Government Obligations (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee (solely for purposes of this Section and Section 1306, the Trustee and any such other trustee are referred to collectively, for purposes of this Section 1305, as the "Trustee") pursuant to Section 1304 in respect of the Securities of such series shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities of such series and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of the Securities of such series, of all sums due and to become due thereon in respect of principal (and premium, if any) and interest, but such money need not be segregated from other funds except to the extent required by law. The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Government Obligations deposited pursuant to Section 1304 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the Outstanding Securities. Anything in this Article Thirteen to the contrary notwithstanding, the Trustee shall delivered or pay to the Company from time to time upon Company Request any money or Government Obligations held by it as provided in Section 1304 which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect an equivalent defeasance or covenant defeasance.

Time is Money Join Law Insider Premium to draft better contracts faster.