Common use of Form; Failure to Deposit Clause in Contracts

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Real Estate Investment Trust Ii Inc)

Form; Failure to Deposit. The E▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser Buyer fails to timely deposit any portion of the E▇▇▇▇▇▇ Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser and thereafter Buyer, in which event the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

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

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser Buyer fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser and thereafter Buyer, in which event the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Terreno Realty Corp)

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser Purchaser, and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Asbury Automotive Group Inc)

Form; Failure to Deposit. The Each deposit of the ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check or the wire transfer to Seller or Escrow Agent (as applicable) of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser and thereafter Purchaser, in which event the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Amerivest Properties Inc)

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods required, Seller Sellers may terminate this Agreement by written notice to Purchaser Purchaser, and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Purchase Agreement (Inland Western Retail Real Estate Trust Inc)

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser Inland fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods required, Seller Capital I may terminate this Agreement by written notice to Purchaser Inland, and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Agreement to Admit Partner (Inland Western Retail Real Estate Trust Inc)

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check checks or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser Buyer fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods period required, Seller may terminate this Agreement by written notice to Purchaser and thereafter Buyer. If such termination results from Buyer’s failure to timely deposit any of the ▇▇▇▇▇▇▇ Money, the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (X Rite Inc)

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the Initial ▇▇▇▇▇▇▇ Money within the time periods period required, Seller may terminate this Agreement by written notice to Purchaser Purchaser, and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Agreement of Purchase and Sale (Gyrodyne, LLC)

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s (a) check or the (b) wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods required, Seller may terminate this Agreement by written notice to Purchaser Purchaser, and thereafter the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Inland Western Retail Real Estate Trust Inc)

Form; Failure to Deposit. The ▇▇▇▇▇▇▇ Money shall be in the form of a certified or cashier’s 's check or the wire transfer to Escrow Agent of immediately available U.S. federal funds. If Purchaser fails to timely deposit any portion of the ▇▇▇▇▇▇▇ Money within the time periods period required, Seller may terminate this Agreement by written notice to Purchaser and thereafter at any time prior to the actual receipt by Escrow Agent of such deposit from Purchaser, in which event the parties hereto shall have no further rights or obligations hereunder, except for rights and obligations which, by their terms, survive the termination hereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Cole Credit Property Trust V, Inc.)