Common use of Cash at Closing Clause in Contracts

Cash at Closing. On the Closing Date, Buyer shall deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the Purchase Price, plus or minus any closing costs as allocated in accordance with Section 5.2, in immediately available funds as more particularly set forth in Section 6.1. Such escrow shall be held and delivered by Escrow Agent in accordance with the provisions of such Section 6.1.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Eldorado Resorts, Inc.), Purchase and Sale Agreement (Eldorado Resorts, Inc.), Purchase and Sale Agreement (Vici Properties Inc.)

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Cash at Closing. On the Closing Date, Buyer shall deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the Purchase Price, plus or minus any closing costs as allocated in accordance with Section 5.2, in immediately available funds as more particularly set forth in Section 6.1. Such escrow shall be held and delivered by Escrow Agent in accordance with the provisions of such Section 6.1.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (CAESARS ENTERTAINMENT Corp), Purchase and Sale Agreement (CAESARS ENTERTAINMENT Corp), Purchase and Sale Agreement (Vici Properties Inc.)

Cash at Closing. On the Scheduled Closing Date, Buyer shall (a) deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the balance of the Purchase Price, plus or minus any closing costs as allocated in accordance with Section 5.2, Price in immediately available funds as more particularly set forth in Section 6.1. Such escrow shall be held , as prorated and delivered by adjusted as set forth in Article 5, Section 6.1, or as otherwise provided under this Agreement, and (b) authorize and direct the Escrow Agent in accordance with to simultaneously pay the provisions of Deposit into such Section 6.1escrow.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Regional Health Properties, Inc), Purchase and Sale Agreement (Preferred Apartment Communities Inc), Purchase and Sale Agreement (Strategic Hotels & Resorts, Inc)

Cash at Closing. On the Closing Date, Buyer shall deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the Purchase Price, plus or minus any the prorations and closing costs as allocated in accordance with Section 5.2Article 5, in immediately available funds as more particularly set forth in Section 6.1. Such escrow shall be held and delivered by Escrow Agent in accordance with the provisions of such Section 6.1.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Vici Properties Inc.), Purchase and Sale Agreement (CAESARS ENTERTAINMENT Corp)

Cash at Closing. On the Closing Date, Buyer shall deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the Purchase Price, plus or minus any closing costs as allocated in accordance with Section 5.2, in immediately available funds as more particularly set forth in Section 6.1. Such escrow shall be held and delivered by Escrow Agent in accordance with the provisions of such Section 6.1.. ARTICLE 3

Appears in 1 contract

Samples: Purchase and Sale Agreement

Cash at Closing. On the Scheduled Closing Date, Buyer shall deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the Purchase Price and as prorated and adjusted as set forth in Article 5 and Section 6.1 and as otherwise provided under this Agreement (such amount, the “Adjusted Purchase Price, plus or minus any closing costs as allocated in accordance with Section 5.2”), in immediately available funds as more particularly set forth in Section 6.1. Such escrow funds shall be held and delivered by Escrow Agent in accordance with the provisions terms of such Section 6.1.this Agreement and Exhibit C.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Blackstone Real Estate Income Trust, Inc.)

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Cash at Closing. On the Closing Date, Buyer shall (a) deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the balance of the Purchase Price, plus or minus any closing costs as allocated in accordance with Section 5.2by wire transfer, in immediately available funds and as more particularly set forth in Section 6.1. Such escrow shall be held , as prorated and delivered by adjusted as set forth in Article 5, Section 6.1, or as otherwise provided under this Agreement, and (b) authorize and direct the Escrow Agent in accordance with to simultaneously pay the provisions of Deposit into such Section 6.1closing escrow account.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Rodin Global Property Trust, Inc.)

Cash at Closing. On the Scheduled Closing Date, Buyer shall (a) deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the balance of the Purchase Price, plus or minus any closing costs as allocated in accordance with Section 5.2, Price in immediately available funds as more particularly set forth in Section 6.1. Such escrow shall be held , as prorated and delivered by adjusted as set forth in Article 5, Section 6.1, or as otherwise provided under this Agreement, and (b) authorize and direct the Escrow Agent in accordance with to simultaneously pay the provisions of Deposit into such Section 6.1.escrow. 2.4

Appears in 1 contract

Samples: Purchase and Sale Agreement

Cash at Closing. (a) On the Scheduled Closing DateDate with respect to the Phase I Property, Buyer shall (x) deposit or cause to be deposited into escrow with the Escrow Agent an amount equal to the balance of the Purchase Price, plus or minus any closing costs as allocated in accordance with Section 5.2, Price in immediately available funds funds, as more particularly set forth in Section 6.1. Such escrow shall be held , as prorated and delivered by adjusted as set forth in Article 5, Section 6.1, or as otherwise provided under this Agreement, and (y) authorize and direct the Escrow Agent in accordance with to simultaneously pay the provisions of Deposit into such Section 6.1escrow.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mack Cali Realty L P)

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