Example ContractsClausesIndependent Consideration
Independent Consideration
Independent Consideration contract clause examples

Independent Consideration. Upon receipt of the Initial Deposit, Escrow Agent shall immediately disburse One Hundred and No/Dollars ($100.00) of the Initial Deposit to Seller (“Independent Consideration”), which shall be immediately nonrefundable but applied to the Purchase Price if the Closing occurs.

Independent Consideration. Notwithstanding any provision to the contrary in this Agreement, the parties agree that a portion of the Earnest Money in the amount of One Hundred and No/100 Dollars ($100.00) (the “Independent Contract Consideration”), is an amount which the parties have bargained for and agreed to as consideration for Seller’s execution and delivery of this Agreement. Notwithstanding anything to the contrary contained herein, the Independent Contract Consideration is in addition to and independent of any other consideration or payment provided in this Agreement, is nonrefundable in all events, and shall be retained by Seller notwithstanding any other provisions of this Agreement.

Independent Consideration. (Check only one box and insert amounts.)

Independent Consideration. Contemporaneously with the execution hereof, Purchaser shall deliver to Seller the sum of One Hundred and no/100 Dollars ($100.00), representing independent consideration for the Approval Period and Purchaser’s right to terminate this Agreement pursuant to the provisions hereof.

Independent Consideration. Contemporaneously with the execution hereof, Purchaser shall deliver to Seller the sum of One Hundred and no/100 Dollars ($100.00), representing independent consideration for the Approval Period and Purchaser’s right to terminate this Contract during the Approval Period.

Independent Consideration. Contemporaneously with the execution hereof, Purchaser shall deliver to Seller the sum of One Hundred and no/100 Dollars ($100.00), representing independent consideration for the Approval Period and Purchaser’s right to terminate this Contract during the Approval Period.

Independent Consideration. Contemporaneously with the execution hereof, Purchaser shall deliver to Seller the sum of One Hundred and no/100 Dollars ($100.00), representing independent consideration for the Approval Period and Purchaser’s right to terminate this Contract during the Approval Period.

Independent Consideration. Contemporaneously with the execution hereof, Purchaser shall deliver to Seller the sum of One Hundred and no/100 Dollars ($100.00), representing independent consideration for the Approval Period and Purchaser’s right to terminate this Contract during the Approval Period.

Independent Contract Consideration. In addition to the Earnest Money, Purchaser shall concurrently wire to Escrow Agent the sum of One Hundred and No/100 Dollars ($100.00) (the "Independent Contract Consideration") which Escrow Agent shall deliver to Sellers immediately upon Escrow Agent's receipt thereof and which amount has been bargained for and agreed to as consideration for Purchaser's right to inspect the Real Properties as provided herein, and for Sellers' execution and delivery of this Agreement. The Independent Contract Consideration is in addition to and independent of all other consideration provided in this Agreement, and is nonrefundable in all events. The Independent Contract Consideration shall not be deemed part of the Purchase Price and shall not give Purchaser any equitable lien on or other interest in the Property, all of which is hereby waived by Purchaser.

Consideration. Employee acknowledges that the Conditional Benefits are in excess of any earned wages or benefits due and owing to Employee, and would not be paid or provided unless Employee executed this Release. Employee acknowledges and agrees that the Conditional Benefits are adequate and independent consideration for Employee executing this Release and releasing any and all claims against Employer.

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