Closing Mechanics. (a) The parties shall conduct an escrow Closing through the Escrow Agent as escrowee so that it will not be necessary for any party to attend Closing. The escrow Closing shall be conducted in accordance with an escrow arrangement, and pursuant to an escrow agreement, reasonably acceptable to Seller, Buyer and the Escrow Agent (the “Escrow Arrangement”). The Closing shall occur during the Closing Period in accordance with the provisions of subsection 6.1(b) hereof.
Appears in 6 contracts
Samples: Purchase and Sale Agreement (CAESARS ENTERTAINMENT Corp), Purchase and Sale Agreement (CAESARS ENTERTAINMENT Corp), Purchase and Sale Agreement (Vici Properties Inc.)
Closing Mechanics. (a) The parties shall conduct an escrow Closing escrow-style closing through the Escrow Agent as escrowee so that it will not be necessary for any party to attend the Closing. The escrow Closing shall be conducted in accordance with an escrow arrangement, and pursuant to an escrow agreement, reasonably acceptable to Seller, Buyer and the Escrow Agent (the “Escrow Arrangement”). The Closing shall occur during the Closing Period in accordance with the provisions of subsection 6.1(b) hereof.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (American Realty Capital New York City REIT, Inc.), Purchase and Sale Agreement (Mack Cali Realty L P), Purchase and Sale Agreement (Preferred Apartment Communities Inc)
