Application of ▇▇▇▇▇▇▇ Money Sample Clauses

Application of ▇▇▇▇▇▇▇ Money. In the event Purchaser does not elect to terminate this Agreement on or before the Inspection Date pursuant to Subparagraph 13.1.2 hereof, the ▇▇▇▇▇▇▇ Money shall become non-refundable to Purchaser except as provided in Section 13.1.2. Escrow Agent will otherwise hold, disburse and apply the ▇▇▇▇▇▇▇ Money in accordance with the ▇▇▇▇▇▇▇ Money Escrow Agreement.

Application of ▇▇▇▇▇▇▇ Money. Escrow Agent will tender the ▇▇▇▇▇▇▇ Money to Seller or its designee on the Closing Date following receipt of the closing deliveries required under Section 7 hereof.

Application of ▇▇▇▇▇▇▇ Money. The ▇▇▇▇▇▇▇ Money shall be applied against the Purchase Price at Closing.

Application of ▇▇▇▇▇▇▇ Money. At the Closing, the ▇▇▇▇▇▇▇ Money shall be applied and credited toward payment of the Purchase Price. If the Closing does not occur, the ▇▇▇▇▇▇▇ Money shall be retained by Seller or refunded to Buyer, as provided in the relevant provisions of this Agreement. Notwithstanding any provision of this Agreement to the contrary, if under the applicable provisions of this Agreement, Seller shall nonetheless retain Fifty and No/100 Dollars ($50.00) of the ▇▇▇▇▇▇▇ Money as Seller's consideration for this Agreement and the balance of the ▇▇▇▇▇▇▇ Money shall be refunded to Buyer.

Application of ▇▇▇▇▇▇▇ Money. The third sentence of Section 5 of the Contract shall be, and hereby is, amended, replaced and superseded to read in its entirety as follows: "At Closing, the ▇▇▇▇▇▇▇ Money and any interest earned thereon will be applied to the Initial Payment."

Application of ▇▇▇▇▇▇▇ Money. The ▇▇▇▇▇▇▇ Money shall be held ---------------------------- and disbursed and/or credited against the Purchase Price in accordance with the terms of the ▇▇▇▇▇▇▇ Money Trust Agreement and the provisions of this Agreement, including the provisions of this Agreement. Seller, Purchaser and Escrow Agent shall execute the ▇▇▇▇▇▇▇ Money Trust Agreement contemporaneously with the execution of this Agreement and Purchaser's deposit of the ▇▇▇▇▇▇▇ Money with Escrow Agent.

Application of ▇▇▇▇▇▇▇ Money. The ▇▇▇▇▇▇▇ Money is nonrefundable after the Inspection Period expires, except that the ▇▇▇▇▇▇▇ Money is refundable to Purchaser (i) as set forth in Section 21 below and (ii) if Purchaser terminates this Agreement in accordance with Purchaser’s right to do so hereunder, but only upon satisfaction of the conditions set forth in Section 38. If the sale is consummated in accordance with this Agreement, the ▇▇▇▇▇▇▇ Money will be credited to the Purchase Price at Closing. In the event of default hereunder by Purchaser or Seller, the ▇▇▇▇▇▇▇ Money shall be applied as provided in Section 21 below.

Application of ▇▇▇▇▇▇▇ Money. The ▇▇▇▇▇▇▇ Money shall be held, applied and distributed by the Escrow Agent in accordance with this Agreement. (a) If the Closing does not occur and such failure to close is the result of (1) any termination of this Agreement by Purchaser pursuant to Section 8.1(a), (2) a termination by Sellers’ Representative or Purchaser pursuant to Section 8.1(c), so long as, in the case of a termination by Sellers’ Representative pursuant to Section 8.1(c), Purchaser is not then in material breach of any of its obligations, representations or warranties hereunder, (3) a termination pursuant to Section 8.1(d), (4) a termination by Sellers’s Representative or Purchaser pursuant to Section 8.1(e) (provided, that, such order is not the direct or indirect result of an action or omission taken by Purchaser which is a breach of this Agreement or other Transaction Document), or (5) a termination by Purchaser pursuant to Section 8.1(f) or 8.1(g), or by Sellers’ Representative under Section 8.1(b) or Section 8.1(c) when Purchaser had the right to terminate pursuant to Section 8.1(f) or 8.1(g), the ▇▇▇▇▇▇▇ Money shall be delivered to Purchaser. (b) If the Closing under this Agreement occurs, the ▇▇▇▇▇▇▇ Money shall be delivered to Sellers, as directed by the Sellers’ Representative, as and applied as partial payment of the Closing Cash Payment. (c) If the Closing does not occur and the termination of the Agreement occurs other than as described in Section 5.2(a), the ▇▇▇▇▇▇▇ Money shall be delivered to Sellers, as directed by the Sellers’ Representative, as liquidated damages (the parties agreeing that the same is not a penalty, that actual damages will be suffered by Sellers but cannot be determined with precision and that the ▇▇▇▇▇▇▇ Money is a reasonable estimation of such damages). The provisions of this Section 5.2 shall survive the termination of this Agreement (and, as such, constitute a Termination Survival Obligation).

Application of ▇▇▇▇▇▇▇ Money. Assignor and ▇▇ ▇▇▇▇▇ Term, among others, have executed (or will execute) that certain Agreement of Limited Partnership of Assignee (the "PARTNERSHIP AGREEMENT"), pursuant to which Assignor is to contribute 14.29% of the amount necessary to acquire the Property and ▇▇ ▇▇▇▇▇ Term is to contribute 85.61% of the amount necessary to acquire the Property. Upon the closing of the transaction that is the subject of the Agreement, the portion of the ▇▇▇▇▇▇▇ Money deposited by Assignor ($50,000) shall be credited towards the contribution required to be made by Assignor under the Partnership Agreement, and the portion of the ▇▇▇▇▇▇▇ Money deposited by ▇▇ ▇▇▇▇▇ Term ($100,000) shall be credited towards the contribution required to be made by ▇▇ ▇▇▇▇▇ Term under the Partnership Agreement.