Common use of Delay in Closing; Authority to Close Clause in Contracts

Delay in Closing; Authority to Close. If Closing does not occur on or before the Closing Date, then unless on or before the Closing Date, Escrow Agent receives a written notice from both Purchaser and Seller to the contrary, Escrow Agent will deliver all monies and documents in accordance with the provisions of this Agreement.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Nuveen Global Cities REIT, Inc.), Purchase and Sale Agreement (NorthStar Real Estate Income II, Inc.)

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Delay in Closing; Authority to Close. If Closing does not occur on or before the Closing Date, then unless on or before the Closing Date, as applicable, Escrow Agent Holder receives a written notice from both Purchaser Buyer and Seller to the contrary, Escrow Agent Holder will deliver all monies and documents in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (PACIFIC GAS & ELECTRIC Co), Office Lease (PACIFIC GAS & ELECTRIC Co)

Delay in Closing; Authority to Close. If Closing does not occur on or before the Closing DateDate and all of the conditions to Closing set forth in Article IV hereof have either been satisfied or waived in writing, then unless on or before the Closing Date, Escrow Agent receives a written notice from both either Purchaser and or the applicable Seller to the contrary, Escrow Agent will deliver all monies and documents in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Equity One, Inc.)

Delay in Closing; Authority to Close. If Closing does not occur on or before the Closing Date, then unless on or before the Closing Date, Escrow Agent receives a written notice from both Purchaser and Seller to the contrary, Escrow Agent will deliver all monies and documents in accordance with the provisions of this Agreementjoint written instructions from Purchaser and Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Carter Validus Mission Critical REIT, Inc.)

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Delay in Closing; Authority to Close. If Closing does not occur on or before the Closing Date, then unless on or before the Closing Date, Escrow Agent receives a written notice from both Purchaser and Seller to the contrary, Escrow Agent will deliver all monies and documents in accordance with the provisions of this Agreement.. 9 DUE DILIGENCE PERIOD 9

Appears in 1 contract

Samples: Purchase and Sale Agreement (Behringer Harvard Opportunity REIT II, Inc.)

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