Closing Procedure. Title Company shall close escrow when it is in a position to: (i) pay to Seller, 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 Sections 11.5 and 11.6 and Seller's obligations with respect to security deposits as specified in Section 11.7; (ii) record the Deed; and (iii) issue Buyer the policy of title insurance referred to in Article 6.
Appears in 2 contracts
Sources: Quarterly Report, Purchase and Sale Agreement (Network Appliance Inc)
Closing Procedure. Title Company shall close escrow when it is in a position to: (i) pay to SellerLandlord, 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 Sections 11.5 Paragraphs 5.5 and 11.6 5.6 and SellerLandlord's obligations with respect to security deposits as specified in Section 11.7Paragraph 5.7; and (ii) record the Deed; and (iii) issue Buyer to Tenant the policy of title insurance referred to in Article 6Paragraph 2.
Appears in 2 contracts
Sources: Build to Suit Lease (At Home Corp), Build to Suit Lease (At Home Corp)
Closing Procedure. Title Company shall close escrow when it is ----------------- in a position to: (i) pay to SellerLandlord, 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 Sections 11.5 Paragraphs 5.5 and 11.6 5.6 and SellerLandlord's obligations with respect to security -------------- --- deposits as specified in Section 11.7Paragraph 5.7; and (ii) record the Deed; and (iii) issue Buyer to Tenant the policy of ------------- title insurance referred to in Article 6.Paragraph 2. -----------
Appears in 2 contracts
Sources: Build to Suit Lease (At Home Corp), Lease (At Home Corp)
Closing Procedure. Title Company shall close escrow when ----------------- it is in a position to: (i) pay to SellerLandlord, 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 Sections 11.5 Paragraphs 5.5 and 11.6 5.6 and SellerLandlord's obligations with respect to security -------------- --- deposits as specified in Section 11.7Paragraph 5.7; and (ii) record the Deed; and (iii) issue Buyer to Tenant the policy of ------------- title insurance referred to in Article 6.Paragraph 2. -----------
Appears in 1 contract
Sources: Build to Suit Lease (At Home Corp)
Closing Procedure. Title Company shall close escrow when it is in a position to: (i) pay to Seller, 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 Sections 11.5 12.5, 12.6 and 11.6 12.7, and Seller's obligations with respect to security deposits as specified in Section 11.7; (ii) record the Deed; and (iii) issue to Buyer the policy of title insurance referred to in Article 6Title Policy.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Brocade Communications Systems Inc)
Closing Procedure. Title Company shall close escrow when it is in a ----------------- position to: (i) pay to Seller, 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 Sections 11.5 ------------- and 11.6 and Seller's obligations with respect to security deposits as specified ---- in Section 11.7; and (ii) record the Deed; and (iii) issue to Buyer the policy of title insurance referred ------------ to in Article 6.. ---------
Appears in 1 contract
Closing Procedure. Title Company shall close escrow when it is in a position to: (i) record the Deeds; (ii) pay to Seller, 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 Sections 11.5 9.6 and 11.6 9.7; and Seller's obligations with respect to security deposits as specified in Section 11.7; (ii) record issue to Purchaser the Deed; and (iii) issue Buyer the policy of title insurance referred to Owner’s Title Policy in Article 6accordance with Section 5.2.
Appears in 1 contract
Sources: 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 Seller, 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 Sections 11.5 10.5 and 11.6 10.6; and Seller's obligations with respect to security deposits as specified in Section 11.7; (ii) record issue to Purchaser the Deed; and (iii) issue Buyer the policy of title insurance referred to in Article 6Owner’s Title Policy.
Appears in 1 contract
Closing Procedure. Title Company shall close escrow when it is in a position to: (i) pay to Seller, 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 Sections 11.5 12.6 and 11.6 12.7, the amount of the Accrued Expenses, and Seller's obligations with respect to security deposits as specified in Section 11.7; the amount of Buyer’s Proportionate Traffic Impact Fee, and (ii) record the Deed; and (iii) issue to Buyer the policy of title insurance referred to in Article 6Title Policy.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Brocade Communications Systems Inc)