Application of Deposit. 3.2.1 If the Closing occurs as contemplated hereunder, then the Deposit shall be paid to Seller.
Appears in 2 contracts
Samples: Purchase Agreement (Seattle Genetics Inc /Wa), Purchase Agreement (Regeneron Pharmaceuticals Inc)
Application of Deposit. 3.2.1 If the Closing occurs as contemplated hereunder, then the Deposit shall be paid to SellerSeller and the accrued interest on the Deposit (“Interest”), if any, shall, at Purchaser’s election, (i) be paid to Seller and credited against the Balance of the Purchase Price or (ii) be paid to Purchaser.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Boston Properties LTD Partnership)
Application of Deposit. 3.2.1 3.1.1 If the Closing occurs as contemplated hereunder, then the Deposit shall be paid to SellerSeller and applied to the Purchase Price.
Appears in 1 contract
Samples: Purchase and Sale of Membership Interests Agreement (Parkway Properties Inc)
Application of Deposit. 3.2.1 3.1.1 If the Closing occurs as contemplated hereunder, then the Deposit shall be paid to SellerSellers and applied to the Purchase Price.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Parkway Properties Inc)