Balance of Purchase Price. The balance of the Purchase Price shall be paid in cash or by certified funds at the Closing (as defined below).
Balance of Purchase Price. The balance of the Purchase Price, less any apportionments set forth in Section 7 hereof, shall be paid in full by Buyer at the Closing by wire transfer of immediately available federal funds, as Seller shall direct.
Balance of Purchase Price. Not later than 2:00 p.m. on the Closing Date, Purchaser shall deposit with Escrow Agent, in Good Funds, the balance of the Purchase Price, reduced or increased by such amounts as are required to take into account any prorations, credits, costs or other adjustments to be made at Closing under this Agreement. The amount to be paid under this Section 2.2.2 is referred to in this Agreement as the “Closing Payment.”
Balance of Purchase Price. The Purchase Price less the sum of the Deposit (the “Purchase Price Balance”) shall be deposited with Escrow Holder by Buyer in immediately available funds no later than one (1) business day prior to the Closing in accordance with Section 5.2(a) below.
Balance of Purchase Price. $ In U.S. Funds, due at Closing, not including Buyer’s closing costs, financing costs, prepaid amounts or proration’s, in immediately available cash or by confirmed wire transfer.
Balance of Purchase Price. At the Closing, the balance of the Purchase Price, less the Retained Funds and any apportionments set forth in Section 7.a hereof shall be paid in full by Buyer by wire transfer of immediately available funds, as Seller shall direct. The Retained Funds shall be retained by Buyer and shall be held and disbursed as provided herein. The Retained Funds shall be payable to Seller by wire transfer of immediately available federal funds within ten (10) days after the expiration or sooner termination of the Lease (other than any termination arising from the occurrence of any "Event of Default" (as such term is defined in the Lease) by STC Leasing Associates, LLC, a Georgia limited liability company, or its successors, legal representatives or assigns ("Tenant") in which event the terms of the Lease shall govern its disposition. Transfer of the Retained Funds shall be to an account or accounts to be designated by Seller or Seller's designee prior to such date. The Retained Funds shall be held by Buyer as the property of Seller; provided, however, at the Closing, Seller shall be deemed to have delivered the Retained Funds to Buyer as security for the faithful observance and performance by Tenant of all of the terms, covenants and conditions under the Lease to be observed and performed by Tenant, including, without limitation, the surrender of possession of the Property to Buyer as provided in the Lease and provided further Buyer shall retain and own all interest on the Retained Funds. Seller hereby acknowledges, ratifies and confirms (which acknowledgment, ratification and confirmation shall be deemed remade at the Closing) that it shall receive at Closing good and valuable consideration (including, without limitation, the financial benefits that will inure to Seller by virtue of Tenant's occupancy and operation of the Property under the Lease) in exchange for its delivery of the Retained Funds for the benefit of Tenant as security for the observance and performance by Tenant of its duties and obligations under the Lease. The provisions of this Section 3.d shall survive the Closing and shall remain in full force and effect until such time as the Retained Funds have been remitted pursuant to the provisions of this Section 3.d or the provisions of Section 4.13 of the Lease."
Balance of Purchase Price. The balance of the Purchase Price (plus or minus closing adjustments, as the case may be), together with the Deposit, shall be paid to Seller at the Closing. Payment shall be by wire transfer of immediately available U.S. funds in accordance with wire transfer instructions provided by Seller prior to the Closing. In exchange for such payment, Seller shall deliver to Purchaser a deed (in form required by the Subject State) whereby Seller only warrants against its own acts and/or omissions ("Deed"). The Deed shall be substantially in the form attached as Exhibit "B" and shall convey title to Purchaser, subject to the lien for taxes which are not yet due and payable and such other exceptions to title which are disclosed in the Title Commitment (defined below) and to which Purchaser consents in writing or waives its objection thereto pursuant to this Agreement.
Balance of Purchase Price. (a) The balance of the Purchase Price for the Property (subject to the adjustments and/or prorations provided in this Agreement) shall be paid by Buyer by wire transfer of good funds to Escrow Agent at Closing as set forth in Section 12.02.
Balance of Purchase Price. The balance of the Purchase Price for each Property (with credit for (a) the Applicable Share of the Deposit plus Return on Deposit, (b) for each Assumption Property for which the Assumption Lender approved the Loan Assumption and which was not converted to a Payoff Property, with a credit as provided in Section 2.2.4, and (c) if applicable, for the Runaway Bay I Property, the Xxxxxx’x Pointe Property, and the Xxxx Bridge Crossing Property Closings, the original principal amount of the applicable Seller Loan), plus or minus the adjustments or prorations required by this Agreement, shall be paid to and received by Escrow Agent by wire transfer of Good Funds in no event later than 11:00 a.m. (in the time zone in which Escrow Agent is located) on the Closing Date, or such earlier time on the Closing Date as may be required by Escrow Agent.
Balance of Purchase Price. The required payment (and, if applicable’ delivery of the Units of Condor Hospitality Limited Partnership) due at Closing as provided elsewhere herein, including the Purchase Price and other moneys due from Purchaser pursuant to the Closing Statement, less any credits due Purchaser pursuant to the Closing Statement.
