Common use of Closing Payment Clause in Contracts

Closing Payment. The balance of the Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid in cash on the Closing Date (the amount to be paid under this subparagraph B being herein called the "Closing Payment").

Appears in 3 contracts

Sources: Purchase Agreement (JMB Income Properties LTD Xii), Purchase Agreement (Carlyle Real Estate LTD Partnership Xiii), Purchase Agreement (Carlyle Income Plus LTD)

Closing Payment. The balance of the Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid in cash on the Closing Date (the amount to be paid under this subparagraph B C being herein called the "Closing Payment").

Appears in 2 contracts

Sources: Purchase Agreement (Carlyle Income Plus LTD), Purchase Agreement (Carlyle Income Plus LTD)

Closing Payment. The balance of the Purchase Price, as adjusted by the application of the Escrow Deposit Deposit, and by the prorations and credits specified herein, shall be paid paid, through escrow, in cash to Seller on the Closing Date (the amount to be paid under this subparagraph B (b) being herein called the "Closing Payment").

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement

Closing Payment. The balance of the Purchase Price, as adjusted by the application of the Escrow proceeds of the Deposit and by the any prorations and credits specified herein, shall be paid in cash on the Closing Date (as hereinafter defined) (the amount to be paid under this subparagraph B (c) being herein called the "Closing Payment").

Appears in 1 contract

Sources: Purchase and Sale Agreement (FundRebel Dean, LLC)

Closing Payment. The balance of the Purchase Price, as adjusted by the application of the Escrow proceeds of the Deposit plus accrued interest thereon, the Existing Loan and by the prorations and credits specified herein, shall be paid in cash on the Closing Date (as hereinafter defined) (the amount to be paid under this subparagraph B (d) being herein called the "Closing Payment").

Appears in 1 contract

Sources: Purchase and Sale Agreement (Maxus Realty Trust Inc)

Closing Payment. The balance of the Purchase Price, as adjusted by the application of the Escrow Deposit and by the prorations and credits specified herein, shall be paid in cash on the "Closing Date Date", as hereinafter defined (the amount to be paid under this subparagraph B C being herein called the "Closing Payment").

Appears in 1 contract

Sources: Purchase Agreement (Carlyle Income Plus LTD)

Closing Payment. The balance of the Purchase Price, as adjusted by the application of the Escrow Deposit (as a credit to Buyer) and by the prorations and credits specified herein, shall be paid in cash on the "Closing Date Date", as hereinafter defined (the amount to be paid under this subparagraph B being herein called the "Closing Payment").

Appears in 1 contract

Sources: Purchase Agreement (JMB Income Properties LTD X)

Closing Payment. The balance of the Total Purchase Price, as adjusted by the application of the Escrow Deposit plus accrued interest thereon and by the prorations and credits specified herein, shall be paid in cash on the Closing Settlement Date (as hereinafter defined) (the amount to be paid under this subparagraph B (b) being herein called the "Closing Payment").

Appears in 1 contract

Sources: Purchase and Sale Agreement (America First Apartment Investors Inc)