Common use of Closing Procedure Clause in Contracts

Closing Procedure. Title Company shall close escrow when it is ----------------- in a position to: (i) pay to Landlord, in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the closing costs and prorations as specified in Paragraphs 5.5 and 5.6 and Landlord's obligations with respect to security -------------- --- deposits as specified in Paragraph 5.7; and (ii) issue to Tenant the policy of ------------- title insurance referred to in Paragraph 2. -----------

Appears in 2 contracts

Samples: Suit Lease (At Home Corp), Lease (At Home Corp)

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Closing Procedure. Title Company shall close escrow when it is ----------------- in a position to: (i) pay to Landlord, in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the closing costs and prorations as specified in Paragraphs 5.5 and 5.6 and Landlord's obligations with respect to security -------------- --- deposits as specified in Paragraph 5.7; and (ii) issue to Tenant the policy of ------------- title insurance referred to in Paragraph 2. -----------.

Appears in 2 contracts

Samples: Suit Lease (At Home Corp), Suit Lease (At Home Corp)

Closing Procedure. Title Company shall close escrow when it is ----------------- in a position to: (i) pay to LandlordSeller, in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the closing costs and prorations as specified in Paragraphs 5.5 Sections 11.5 and 5.6 11.6 and LandlordSeller's obligations with respect to security -------------- --- deposits as specified in Paragraph 5.7Section 11.7; (ii) record the Deed; and (iiiii) issue to Tenant Buyer the policy of ------------- title insurance referred to in Paragraph 2. -----------Article 6.

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Escrow Instructions, Purchase and Sale Agreement and Escrow Instructions (Network Appliance Inc)

Closing Procedure. Title Company shall close escrow when it is ----------------- in a position to: (i) pay to LandlordSeller, by certified check or wire transfer in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the closing costs and prorations as specified in Paragraphs 5.5 Sections 10.5 and 5.6 and Landlord's obligations with respect to security -------------- --- deposits as specified in Paragraph 5.710.6; and (ii) issue to Tenant Purchaser the policy of ------------- title insurance referred to in Paragraph 2. -----------Owner’s Title Policy.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Exar Corp)

Closing Procedure. Title Company shall close escrow when it is ----------------- in a position to: (i) pay to LandlordSeller, in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the prorations and closing costs and prorations as specified in Paragraphs 5.5 Sections 12.6 and 5.6 12.7, the amount of the Accrued Expenses, and Landlord's obligations with respect to security -------------- --- deposits as specified in Paragraph 5.7; the amount of Buyer’s Proportionate Traffic Impact Fee, and (ii) issue to Tenant Buyer the policy of ------------- title insurance referred to in Paragraph 2. -----------Title Policy.

Appears in 1 contract

Samples: Final Agreement (Brocade Communications Systems Inc)

Closing Procedure. Title Company shall close escrow when it is ----------------- in a ----------------- position to: (i) pay to LandlordSeller, in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the closing costs and prorations as specified in Paragraphs 5.5 Sections 11.5 ------------- and 5.6 11.6 and LandlordSeller's obligations with respect to security -------------- --- deposits as specified ---- in Paragraph 5.7Section 11.7; and (ii) issue to Tenant Buyer the policy of ------------- title insurance referred ------------ to in Paragraph 2Article 6. --------------------

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Netiq Corp)

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Closing Procedure. Title Company shall close escrow when ----------------- it is ----------------- in a position to: (i) pay to Landlord, in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the closing costs and prorations as specified in Paragraphs 5.5 and 5.6 and Landlord's obligations with respect to security -------------- --- deposits as specified in Paragraph 5.7; and (ii) issue to Tenant the policy of ------------- title insurance referred to in Paragraph 2. -----------

Appears in 1 contract

Samples: Suit Lease (At Home Corp)

Closing Procedure. Title Company shall close escrow when it is ----------------- in a position to: (i) record the Deeds; (ii) pay to LandlordSeller, by wire transfer in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the closing costs and prorations as specified in Paragraphs 5.5 Sections 9.6 and 5.6 and Landlord's obligations with respect to security -------------- --- deposits as specified in Paragraph 5.79.7; and (ii) issue to Tenant Purchaser the policy of ------------- title insurance referred to Owner’s Title Policy in Paragraph 2. -----------accordance with Section 5.2.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)

Closing Procedure. Title Company shall close escrow when it is ----------------- in a position to: (i) pay to LandlordSeller, in immediately available funds, the amount of the Purchase Price, as such amount may be increased or decreased as a result of the allocation of the prorations and closing costs and prorations as specified in Paragraphs 5.5 Sections 12.5, 12.6 and 5.6 and Landlord's obligations with respect to security -------------- --- deposits as specified in Paragraph 5.7; 12.7, and (ii) issue to Tenant Buyer the policy of ------------- title insurance referred to in Paragraph 2. -----------Title Policy.

Appears in 1 contract

Samples: Final Agreement (Brocade Communications Systems Inc)

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