Closing Through Escrow Sample Clauses
Closing Through Escrow. The purchase of the Property shall be ---------------------- consummated by means of an escrow established with Escrow Holder. The date on which Escrow Holder receives Buyer's Initial Deposit shall be referred to as the "Opening of Escrow." The parties shall close the Escrow on or before the Outside Closing Date. Although the parties have agreed and are bound to the Outside Closing Date, the terms "Closing" and "Close of Escrow" as used herein shall mean that date when a grant deed conveying the Property to Buyer is recorded in the Official Records of Los Angeles County, California (the "Official Records"). This Agreement shall be deposited with Escrow Holder and shall constitute escrow instructions to Escrow Holder from Buyer and Seller, together with such instructions and general provisions and conditions consistent with the terms of this Agreement which Escrow Holder may reasonably request. ▇▇▇▇▇ and Seller agree to execute promptly any such supplemental escrow instructions requested by ▇▇▇▇▇▇ Holder. In the event of any conflict or inconsistency between such general provisions and conditions of such supplemental escrow instructions and the provisions of this Agreement, the provisions of this Agreement shall control.
Closing Through Escrow. Within two (2) business days of the Effective Date, Buyer and Seller shall open an escrow with the Title Company into which all ▇▇▇▇▇▇▇ Money shall be deposited. Close of escrow (the “Closing”) shall occur on or a date agreeable to Buyer and Seller that shall be within ten (10) business days from the expiration of the Due Diligence Period (as defined below) through the Title Company (the “Closing Date”); provided, however, that Buyer shall have the one-time right to delay Closing for up to an additional fifteen (15) days.
Closing Through Escrow. The closing of title to the Interests or the Premises, as applicable, shall occur through escrow opened with an escrow holder to be chosen by Purchaser and approved Seller, which approval shall not be unreasonably withheld, conditioned or delayed. The escrow holder shall be a national title company.
Closing Through Escrow. Closing hereunder shall occur through the Escrow only when all the conditions in Sections 5.1 to 5.5 below have been satisfied (“Closing Conditions”), all of which shall be satisfied on or before the Closing Deadline:
5.1 Immediately upon execution of this Agreement, Contractor shall deliver to the Title Companies, through Fidelity’s counsel in the Owner Reorganization, a completed Form W-9, including Contractor’s tax identification number.
5.2 Contractor shall have delivered each of the following to the Escrow:
5.2.1 Eight fully executed counterparts of this Agreement;
5.2.2 The Assignment;
5.2.3 The Withdrawal;
5.2.4 The Request for Dismissal; and
5.2.5 The Stipulations duly executed by Contractor.
5.3 MRID shall have delivered each of the following to the Escrow:
5.3.1 Eight fully executed counterparts of this Agreement;
5.3.2 The Stipulations duly executed by MRID; and
5.3.3 The sum of $60,000 (“MRID Funds”).
5.4 LCPI shall have delivered the following to the Escrow:
5.4.1 Eight fully executed counterparts of this Agreement;
5.4.2 The Stipulations duly executed by LCPI; and
Closing Through Escrow