Common use of Deposit; Balance Clause in Contracts

Deposit; Balance. Buyer’s attorney has received and is holding the balance of $272,500 (the “Balance”) toward the full Purchase Price of Two Hundred Eighty-Five Thousand Dollars ($285,000.00), which Balance will be wire transferred to the Law Firm’s Escrow Account on or before three (3) days before the Closing Date, set forth herein, to purchase the Common Shares being sold by the Seller. The Purchase Price will be held in the Law Firm’s Escrow Account until Closing (as defined in Section 6.1 of this Agreement) or until ordered released as per other sections of this Agreement.

Deposit; Balance. Buyer’s attorney has received and is holding the balance of $272,500 (the “Balance”) toward the full Purchase Price of Two Three Hundred EightySeventy-Five Thousand Dollars ($285,000.00375,000.00), which Balance sum will be wire transferred to the Law Firm’s Escrow Account on or before three (3) days before the Closing Date, set forth herein, to purchase the Common Purchased Shares being sold by the Seller. The Purchase Price will be held in the Law Firm’s Escrow Account until Closing (as defined in Section 6.1 of this Agreement) or until ordered released as per other sections of this Agreement.