Common use of Deposit Instructions Clause in Contracts

Deposit Instructions. At Closing, Seller and Purchaser shall jointly instruct the Deposit Escrow Agent to deliver the Deposit Amount, by wire transfer of immediately available funds, to an account designated by Seller in the Deposit Escrow Agreement (and such amount shall be applied towards the payment of the Purchase Price). The costs and expenses of the Deposit Escrow Agent will be paid from and borne solely by the Deposit Amount;

Deposit Instructions. At the Closing, Seller and Purchaser shall jointly instruct the Deposit Escrow Agent to deliver the Deposit Amount, by wire transfer of immediately available funds, to an account designated by Seller in and the full amount of the Deposit Escrow Agreement (and such amount at Closing shall be applied towards the payment of the Purchase Price). The costs and expenses Price as a credit in favor of the Deposit Escrow Agent will be paid from and borne solely by the Deposit Amount;Purchaser.