Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Transferee or Transferor of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement, when Transferee and Transferor have deposited into Escrow the documents and funds required by this Agreement and Title Company is irrevocably and unconditionally committed to issue the Owner’s Title Policies with effective dates as of the Closing Date, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:
Actions by Escrow Agent. In connection with the Closing, Escrow Agent shall take the following actions:
Actions by Escrow Agent. The following shall act as the escrow agent hereunder (the “Escrow Agent”): Chicago Title Insurance Company 000 X. Xxxxx, 04CI Chicago, Illinois 60601 Attn: Xxxxx Xxxxxx Phone #:000-000-0000 Fax #:000-000-0000 This Contract shall serve as escrow instructions to the Escrow Agent, subject to any supplementary strict joint order escrow instructions ; provided, however, that this Contract shall govern in the event of any conflict between said strict joint order instructions and any of the terms hereof. On the applicable Closing Date, if all the funds and documents set forth in Section 8 have been delivered to the Escrow Agent and if the Escrow Agent or the applicable title company is in a position to issue and will issue Buyer’s Policies as described in Section 4, the Escrow Agent shall:
Actions by Escrow Agent. Provided that Escrow Agent has not received written notice from Purchaser or Seller on or before the Closing Date of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement, when Purchaser and Seller have deposited into Escrow the Purchaser’s Escrow Deposits, the Seller’s Escrow Deposits, and funds required by this Agreement, Escrow Agent shall, in the order and manner indicated below, take the following actions:
Actions by Escrow Agent. When Optionee and Optionor have deposited into Escrow the documents and funds required by this Agreement and Title Company or Closing Agent, as applicable, is irrevocably and unconditionally committed to issue the Lot Title Policy as applicable, Escrow Agent shall, in the order and manner herein below indicated, take the following actions at each Option Closing:
Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from HBR or IWRA of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement, when HBR and IWRA have deposited into Escrow the documents and funds required by this Agreement and Title Company is irrevocably and unconditionally committed to issue the Owner's Title Policy effective as of the Closing Date, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:
Actions by Escrow Agent. In the event conflicting demands are made upon, or conflicting notices delivered to, the Escrow Agent with respect to any assets in the Escrow Fund, the Escrow Agent shall be entitled, in its sole discretion, to refuse to comply with any and all demands or instructions with respect to such assets so long as such conflict shall continue, and the Escrow Agent shall not be or become liable in any way to the parties for failure or refusal to comply with such conflicting claims, demands or instructions. The Escrow Agent shall be entitled to refuse to act until such conflicting claims or demands shall have been resolved by a final un-appealable order, judgment or decree of a court of competent jurisdiction, or settled by agreement between the conflicting parties as evidenced in a writing satisfactory to the Escrow Agent (a "Final Decision"). The Escrow Agent may, in addition, elect, in its sole discretion, to commence an interpleader action or seek other judicial relief or orders as it may deem, in its sole discretion, necessary. Xxxx and the Company shall each pay fifty percent (50%) of the costs and expenses (including reasonable attorneys' fees and expenses) incurred in connection with such proceeding.
Actions by Escrow Agent. 12 7.5 Prorations ................................................................. 13 7.6
Actions by Escrow Agent. On the Closing Date, Escrow Agent ----------------------- shall:
Actions by Escrow Agent. A. Upon the Closing, Escrow Agent shall promptly undertake all of the following in the manner indicated:
