DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING Sample Clauses

DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING. Upon execution of this Agreement by Buyer, Buyer shall deposit with Alexander Auctions & Real Estate Sales (hereinafter called “Agent”), to be deposited in Alexander Auctions & Real Estate Sales Escrow Account in the First State Bank whose address is 000 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX 00000, the amount of _ Dollars ($ ) as xxxxxxx money (hereinafter “Escrow Deposit”) with the execution of this contract and the amount of $ to be paid upon delivery of the deed as follows: $ cash at closing. Upon closing of the transaction contemplated by this Agreement (hereinafter “Closing”), the Escrow Deposit shall be credited toward the Purchase Price. As a material part of the consideration for Seller’s execution of this Agreement, Buyer hereby agrees that Escrow shall close within Thirty ( 30 ) days after the date of the auction, which auction date for this Property is/was AUGUST 26TH, 2019 (hereinafter the “Closing”).
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DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING. Upon execution of this Agreement by Buyer, Buyer shall deposit with Alexander Auctions & Real Estate Sales (hereinafter called “Agent”), to be deposited in Alexander Auctions & Real Estate Sales Escrow Account in the Xxxxxxx Bank whose address is 000 Xxxxxxxxxx Xxxxxx, Xxxxxx, XX 00000, the amount of _ Dollars

Related to DEPOSIT OF XXXXXXX MONEY, OPENING OF ESCROW AND CLOSING

  • Opening of Escrow Buyer shall immediately cause an escrow (the "Escrow") to be opened at Escrow Holder's office located at 000 Xxxx Xxxxx Xxxxxx, Xxxxx Xxx, Xxxxxxxxxx 00000, Attention: Xxxx Xxxx-Xxxxxxxx for the purpose of facilitating the consummation of this Agreement, by delivering the Deposit (as defined in Section 4.1 below) to Escrow Holder along with a copy of the fully executed original (or executed counterparts) of this Agreement within two (2) business days after executing this Agreement. Escrow Holder shall, immediately upon its receipt of the Deposit and executed Agreement, execute and deliver to Buyer and Seller the Consent and Acceptance of Escrow Holder attached to this Agreement, which Consent and Acceptance of Escrow Holder shall specify the date of such receipt (the "Escrow Opening Date"). This Agreement constitutes instructions to Escrow Holder. Buyer and Seller shall execute such additional mutual instructions as Escrow Holder may reasonably require, provided that such additional instructions shall be consistent with this Agreement. Any inconsistency between any such additional instructions and this Agreement shall be resolved in a manner consistent with this Agreement, and the provisions of this Agreement shall prevail unless Buyer and Seller waive such inconsistent provision in writing by specifically referring to the fact of such inconsistency and their intent to waive it.

  • Seller’s Closing Deliveries At the Closing, Seller shall deliver or cause to be delivered the following:

  • Deposit of Escrow Funds By its execution hereof, Recipient acknowledges that the deposit of the Escrow Funds into escrow with Escrow Agent does not confer any rights or claims to the Escrow Funds by Recipient unless all of the conditions in Section 2 above and the conditions as set forth in the Grant Agreement, have been satisfied.

  • Closing Deliveries (a) On or prior to the Closing, the Company shall issue, deliver or cause to be delivered to each Purchaser the following (the “Company Deliverables”):

  • Escrow Closing Buyer and Seller acknowledge and understand that the closing of the sale may be handled by an escrow agent and that the listing broker is authorized to transfer the xxxxxxx money or any other funds received to the escrow agent. After the transfer, Broker shall have no further responsibility or liability to Buyer or Seller to account for the funds. Escrow agent’s charges shall be equally divided between Buyer and Seller.

  • Deliveries at Closing At the Closing:

  • Escrow Requirement; Escrow Items Borrower must pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum of money to provide for payment of amounts due for all Escrow Items (the “Funds”). The amount of the Funds required to be paid each month may change during the term of the Loan. Borrower must promptly furnish to Lender all notices or invoices of amounts to be paid under this Section 3.

  • Delivery of Escrow Funds Upon confirmation by Escrow Agent that the following conditions have been satisfied, Escrow Agent shall disburse the Escrow Funds to Recipient in connection with the closing of the purchase of the Property or other interest therein:

  • Deposit of Escrow Securities in Escrow (1) You are depositing the securities (escrow securities) listed opposite your name in Schedule “A” with the Escrow Agent to be held in escrow under this Agreement. You will immediately deliver or cause to be delivered to the Escrow Agent any share certificates or other evidence of these securities which you have or which you may later receive.

  • At closing (1) Seller shall execute and deliver a general warranty deed conveying title to the Property to Buyer and showing no additional exceptions to those permitted in Paragraph 6 and furnish tax statements or certificates showing no delinquent taxes on the Property.

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