Closing Deposit definition

Closing Deposit shall have the meaning given to such term in Section 2.2(d) hereof.
Closing Deposit shall have the meaning specified in Subsection --------------- 5.18.5 hereof.
Closing Deposit means Four Hundred Thousand and no/100 Dollars ($400,000) payable in cash, to be delivered by Buyer pursuant to Section 2.02(a)(ii) and held in escrow in accordance with Article II.

Examples of Closing Deposit in a sentence

  • The Closing Deposit for the Property pursuant to Section 2.2(d) hereof.

  • The Closing Deposit for the Property pursuant to Section 2.2(c) hereof.

  • The Purchase Price less the Initial Deposit ("Closing Deposit"), shall be paid by Buyer to Escrow Agent, in the form of Cash, pursuant to Section 7.1 hereof, and distributed by Escrow Agent to Seller on the Closing in accordance with the provisions of Section 12.1(c) hereof.

  • The Closing Deposit for the Property pursuant to Section 2.3(d) hereof.

  • The Closing Deposit for the Property pursuant to Section 2.2(b) hereof.

  • Escrow Agent shall promptly notify Seller of its receipt of the Closing Deposit from Buyer.

  • At the Second Closing, the Second Closing Deposit shall be applied against the Wilmington Purchase Price.

  • Upon such termination by Buyer, Buyer shall receive a refund of the Second Closing Deposit and the parties shall be relieved of all obligations under the Amended Agreement relating to the Wilmington Property and the Associated Property relating thereto.

  • At the Closing (as defined below), such Closing Deposit shall be treated as a part of the total purchase price paid by the Purchaser.

  • The Closing Deposit for the Property pursuant to Section 2.2 hereof.


More Definitions of Closing Deposit

Closing Deposit has the meaning ascribed thereto in Section 2.3(a).
Closing Deposit means a $652,500 non-refundable deposit, which shall by paid by Buyer to Sellers by wire transfer of immediately available funds to a bank account designated in writing by Sellers, if applicable, pursuant to Section 3.1.
Closing Deposit shall be as defined in Section 9.14.

Related to Closing Deposit

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, ▇▇▇▇ Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Indemnity Escrow Account means the indemnity escrow account established by the Escrow Agent pursuant to the Escrow Agreement.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.