Common use of Second Deposit Clause in Contracts

Second Deposit. Twenty-Five Thousand and 00/100 Dollars ($25,000.00) (the "Second Deposit") which Purchaser shall deposit with Escrow Agent on the expiration date of the Site Analysis Period (as hereinafter defined), if Purchaser elects to proceed with this transaction, as more fully provided in Paragraph 5.03 below (the Initial Deposit and the Second Deposit are hereinafter collectively referred to as the "Deposit"). The term "Deposit" shall be deemed to include all interest accruing on the Deposit during the term of this Agreement.

Appears in 3 contracts

Sources: Purchase and Sale Agreement (Developers Diversified Realty Corp), Agreement of Purchase and Sale (Developers Diversified Realty Corp), Agreement of Purchase and Sale (Developers Diversified Realty Corp)

Second Deposit. Twenty-Five Thousand and 00/100 Dollars ($25,000.00) (the "Second Deposit") which Purchaser shall deposit with Escrow Agent on the expiration date of the Site Analysis Period (as hereinafter defined), if Purchaser elects to proceed with this transaction, as more fully provided in Paragraph 5.03 below (the Initial Deposit and the Second Deposit are hereinafter collectively referred to as the "Deposit"). The term "Deposit" shall be deemed to include all interest accruing on the Deposit during the term of this Agreement.this

Appears in 1 contract

Sources: Purchase and Sale Agreement (Developers Diversified Realty Corp)

Second Deposit. Twenty-Five Thousand and 00/100 Dollars ($25,000.00) (the "Second Deposit") which Purchaser shall deposit with Escrow Agent (as hereinafter defined) on the expiration date of the Site Analysis Period (as hereinafter defined)Period, if Purchaser elects to proceed with this transaction, as more fully provided in Paragraph 5.03 below (the Initial Deposit and the Second Deposit are hereinafter collectively referred to as the "Deposit"). The term "Deposit" shall be deemed to include all interest accruing on the Deposit during the term of this Agreement.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Developers Diversified Realty Corp)