Closing of Escrow. 7.4.1 Escrow Holder shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to Escrow Holder that, effective as of the Closing, the Title Company will issue to Buyer the standard or extended Title Policies, as applicable pursuant to Section 7.6, with respect to each Owned and Leased Property.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Arv Assisted Living Inc)
Closing of Escrow. 7.4.1 8.6.1 Escrow Holder if any shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to Escrow Holder it that, effective as of the Closing, the Title Company will issue the Owner’s Policy to Buyer the standard or extended Title Policies, as applicable pursuant to Section 7.6, with respect to each Owned and Leased Property.end Buyer(s)
Appears in 1 contract
Samples: Development Rights and Sale Agreement (Ameri Metro, Inc. (Formerly Yellowwood))
Closing of Escrow. 7.4.1 Escrow Holder shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to Escrow Holder that, effective as of the Closing, the Title Company will issue to Buyer the standard or extended Title Policies, as applicable pursuant to Section 7.6, with respect to each Owned and Leased Property.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Arv Assisted Living Inc)
Closing of Escrow. 7.4.1 Escrow Holder shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to Escrow Holder that, effective as of the Closing, the Title Company will issue to Buyer the standard or extended Title Policies, as applicable pursuant to Section 7.6, with respect to each Owned and Leased the Property.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Arv Assisted Living Inc)