Xxxxxxx Money Deposit definition

Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

Xxxxxxx Money Deposit has the meaning ascribed to such term in Section 4.1.

Xxxxxxx Money Deposit. Means the Xxxxxxx Money deposited by the Lessee in accordance with the Tender Document. The words "EMD" and "Tender Security" are used synonymously.

Examples of Xxxxxxx Money Deposit in a sentence

• Upon such cancellation, Closing Agent shall return the Xxxxxxx Money Deposit to Buyer, and Buyer and Seller shall each bear 50% of all cancellation fees of Closing Agent and Title Insurance Company.

• If Seller is the defaulting party, Closing Agent shall return the Xxxxxxx Money Deposit to Buyer, and Xxxxx shall not be entitled to pursue remedies at law or in equity.

• The escrow (“Escrow”) for the purchase of the Property shall be opened upon Closing Agent’s receipt of the Xxxxxxx Money Deposit and a fully signed copy of this Agreement.

• Buyer must deposit the Xxxxxxx Money Deposit with Closing Agent on or before 5:00 PM in the time zone where the Property is located on the first business day after Seller countersigns this Agreement.

• The Xxxxxxx Money Deposit is non-refundable except as set forth in this Agreement and may be applied towards the amounts payable by Buyer hereunder.

More Definitions of Xxxxxxx Money Deposit

Xxxxxxx Money Deposit has the meaning set forth in Section 3.2(a).

Xxxxxxx Money Deposit means both the Initial Deposit defined below and described in Section 2.5(a) hereof and the Additional Deposit defined above and described in Section 2.5(a) hereof.

Xxxxxxx Money Deposit has the meaning set forth in Section l(c) above.

Xxxxxxx Money Deposit means the deposits delivered by Buyer to Escrow Agent under Section 2.2 of this Agreement, together with the earnings thereon, if any.

Xxxxxxx Money Deposit. As defined in the Master Purchase Agreement.

Xxxxxxx Money Deposit has the meaning set forth in the Recitals of the Private Owner Interest Sale Agreement.

Xxxxxxx Money Deposit. Means the Xxxxxxx Money deposited by the Developer in accordance with the Tender Document. The words "EMD" and "Tender Security" are used synonymously.