Common use of Deposit with Escrow Agent Clause in Contracts

Deposit with Escrow Agent. As security for Purchaser's faithful performance of its obligations hereunder, Purchaser shall deposit, in cash, with the Seller , simultaneously with Purchaser's execution and delivery of this Agreement to Seller for Seller's acceptance, the E▇▇▇▇▇▇ Money.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Carlyle Real Estate LTD Partnership Xvi), Purchase and Sale Agreement (Carlyle Real Estate LTD Partnership Xv)