Common use of Closing Payment Clause in Contracts

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by wire transfer of immediately available federal funds through the Escrow as of the Closing (the amount to be paid under this Section being herein called the “Closing Payment”).

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by Purchaser, by wire transfer of immediately available federal funds through to the Escrow Account on the “Closing Date” (as of the Closing hereinafter defined) (the amount to be being paid under this Section 3.4 being herein called the “Closing Payment”).

Appears in 2 contracts

Sources: Contract of Sale, Contract of Sale (Bebe Stores, Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid paid, by wire transfer of immediately available federal funds (through the escrow described in Section 5 below), as and when provided in Section 5.2.2 below and in the “Escrow Agreement” (as of the Closing (the hereinafter defined). The amount to be paid under this Section being 3.2 is referred to herein called as the “Closing Payment.).

Appears in 2 contracts

Sources: Purchase Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.), Purchase Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

Closing Payment. The Purchase Price (or Installment Purchase Price, as applicable), as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of immediately available federal funds (through the Escrow escrow described in Section 5.1) on each “Closing Date” (as of the Closing defined below) (the amount to be paid under this Section 3.2 being herein called the a “Closing Payment”).

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Equinix Inc)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid to Escrow Agent by wire transfer of or immediately available federal funds (through the Escrow as of escrow described in Section 5) on the Closing Date (the amount to be paid under this Section 3.2 being herein called the “Closing Payment”).

Appears in 1 contract

Sources: Purchase Agreement (Hines Real Estate Investment Trust Inc)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by wire transfer of immediately available federal funds (through the Escrow escrow described in Section 5) as of the Closing (the and when provided in Section 5.1.2. The amount to be paid under this Section being 3.5 is referred to herein called as the “Closing Payment”).

Appears in 1 contract

Sources: Purchase Agreement (Seattle Genetics Inc /Wa)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by wire transfer of immediately available federal funds (through the escrow described in Section 5) as and when provided in Section 5.2.2 and the “Escrow Instructions”, as of the Closing hereinafter defined (the amount to be paid under this Section 3.2 being herein called the “Closing Payment”).

Appears in 1 contract

Sources: Purchase Agreement (KBS Real Estate Investment Trust II, Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by wire transfer of immediately available federal funds (through the escrow described in Section 5) as and when provided in Section 5.2.2 and the “Escrow Instructions”, as of the Closing hereinafter defined (the amount to be paid under this Section 3.2 being herein called the “Closing Payment”).

Appears in 1 contract

Sources: Purchase Agreement (Behringer Harvard Reit I Inc)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by wire transfer of immediately available federal funds (through the Escrow escrow described in Section 5) on the “Closing Date”, as of the Closing hereinafter defined (the amount to be paid under this Section 3.2 being herein called the “Closing Payment”).

Appears in 1 contract

Sources: Purchase Agreement (Cole Credit Property Trust Iv, Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by Purchaser, by wire transfer of immediately available federal funds through to the Escrow Account on the “Closing Date” (as of the Closing hereinafter defined) (the amount to be being paid under this Section 3.3 being herein called the “Closing Payment”).

Appears in 1 contract

Sources: Contract of Sale (Industrial Income Trust Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by wire transfer of immediately available federal funds (through the Escrow escrow described in Section 5) as of the Closing (the and when provided in Section 5.2.2. The amount to be paid under this Section being 3.5 is referred to herein called as the “Closing Payment”).

Appears in 1 contract

Sources: Purchase Agreement (Regeneron Pharmaceuticals Inc)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by wire transfer of immediately available federal funds (through the escrow described in Section 5) as and when provided in Section 5.2.2 and in the “Escrow Instructions” (as of the Closing (the hereinafter defined). The amount to be paid under this Section being 3.2 is referred to herein called as the “Closing Payment”).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Hartman vREIT XXI, Inc.)

Closing Payment. The Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid by wire transfer of immediately available federal funds (through the escrow described in Section 5) as and when provided in Section 5.2.2 and the “Escrow Instructions”, as of the Closing hereinafter defined (the amount to be paid under this Section 3.3 being herein called the “Closing Payment”).

Appears in 1 contract

Sources: Purchase Agreement (Maguire Properties Inc)