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.
Escrow Closing. At the election of Selling Lessor or Lessee upon notice to the other party not less than five (5) days prior to the Closing, this sale shall be closed through an escrow with the Title Company, in accordance with the general provisions of the usual form of Deed and Money Escrow Agreement then is use by said company, with such special provisions inserted in the escrow agreement as may be required to conform with this agreement. Upon the creation of such an escrow, anything herein to the contrary notwithstanding, paying of the purchase price and delivery of the deed shall be made through the escrow. The cost of the escrow shall be divided equally between the Selling Lessor and Lessee. If for any reason other than Lessee's default, the transaction fails to close, the Xxxxxxx Money shall be returned to Lessee forthwith.
Escrow Closing. At the written request of Seller or Buyer received prior to the delivery of the deed under this Contract, this sale shall be closed through an escrow with a title insurance company, in accordance with the general provisions of the usual form of deed and money escrow agreement then furnished and in use by the title insurance company, with such special provisions inserted in the escrow agreement as may be required to conform with this Contract. Upon the creation of an escrow, payment of Purchase Price and delivery of deed shall be made through the escrow, this Contract and the Xxxxxxx Money shall be deposited in the escrow, and the Broker shall be made a party to the escrow with regard to commission due. The cost of the escrow shall be divided equally between Buyer and Seller.
Escrow Closing. Promptly upon receipt of the following documents from or at the direction of the Company, the Escrow Agent shall release the Subscriptions and Escrow Funds to the Company.
Escrow Closing. The Escrow Closing shall take place at 10:00 A.M. on May 3, 2005 (the “Escrow Closing Date”), at the office of Xxxxxx Xxxxxx & Xxxxxxx, 1700 Bank of America Plaza, 000 Xxxxx Xxxxxx Xxxxxx, Xxx Xxxxx, Xxxxxx 00000. TIME SHALL BE OF THE ESSENCE with respect to Purchaser’s obligation to close hereunder on the Escrow Closing Date. At the Escrow Closing (i) all documents and other instruments required to be delivered at Closing by Seller and Purchaser pursuant to Section 15 hereof shall be delivered into escrow with Xxxxxx Xxxxxx & Xxxxxxx (the “Closing Agent”), pursuant to and in accordance with an escrow instruction letter, in commercially reasonable form and substance, to be mutually agreed to by Closing Agent, Seller and Purchaser (the “Closing Agreement”), but which Closing Agreement shall provide, in any event, that no Closing shall occur unless and until the Lease Assignment, the Property Purchase and the Leaseback Lease shall all be consummated, simultaneously, (ii) all documents and other instruments required to be delivered at closing of the Property Purchase by Purchaser to Lessor pursuant to the terms of the Existing Lease shall be delivered into escrow with the Closing Agent, pursuant to and in accordance with the Closing Agreement, (iii) all payments, apportionment and other monies to be exchanged between Seller and Purchaser at Closing pursuant to this Agreement (including, without limitation, the Assignment Purchase Price) shall be delivered into escrow with the Closing Agent pursuant to and in accordance with the Closing Agreement, (iv) all payments, apportionment and other monies to be exchanged between Purchaser and Lessor at the closing of the Property Purchase pursuant to the Existing Lease (including, without limitation, the Property Purchase Price) shall be delivered into escrow with the Closing Agent pursuant to and in accordance with the Closing Agreement, and (v) Seller and Purchaser shall execute, deliver and perform all of their respective obligations hereunder (and, for Purchaser, under the Existing Lease with respect to the Property Purchase) required to be tendered and performed as of the Closing Date, in escrow pursuant to the Closing Agreement, with the intention and effect that within four (4) business days following the Escrow Closing, the Closing (including the Property Purchase) shall occur as per Section 9(c) below.
Escrow Closing. Purchaser and Seller (or their respective counsel on behalf of Purchaser and Seller) shall execute letters of escrow closing instructions (the “Closing Instructions”) which will provide that, on the Date of Closing: (a) Seller and Purchaser shall each deposit with Title Company all of the documents and instruments described in Sections 8.1 and 8.2, above (the “Closing Documents”); and (b) Purchaser shall deposit with Title Company the balance of the Purchase Price required to be paid after application of the Deposit thereto and all prorations, adjustments and credits required to be made under this Agreement, (the “Adjusted Purchase Price”) and the Buyer’s Premium, all of which shall be set forth on, and mutually agreeable pursuant to, a settlement statement executed by both Purchaser and Seller at Closing. Upon receipt of the Adjusted Purchase Price and the Buyer’s Premium, and the satisfaction of all other conditions set forth in the Closing Instructions, Title Company shall be authorized and directed to disburse the Adjusted Purchase Price to Seller or its designee(s) and the Buyer’s Premium to Auctioneer, record the Deed among the real property records of Pinellas County, Florida, and release the remaining Closing Documents to the appropriate parties, all in strict accordance with the Closing Instructions.
Escrow Closing. A closing into Escrow (“Escrow Closing”) will take place immediately prior to the Closing (as defined below); provided that each of the conditions precedent to the obligations of the parties to effect the Closing other than completion of the Matrix Merger are then satisfied or waived by the applicable party. At the Escrow Closing, the parties will deliver or cause to be delivered into escrow with the Corporate Secretary of Parent (“Escrow Agent”) the documents described in Section 8.04 below. The parties may agree in writing on another date, time or place for the Escrow Closing.
Escrow Closing. A closing into Escrow (“Escrow Closing”) will take place at the offices of Xxxxxx Xxxxxx LLP in Houston, Texas, not less than two business days prior to the date of the special meeting date of shareholders of Matrix as set forth in the Proxy Statement/Prospectus mailed to Matrix shareholders in connection with the Matrix Merger, but in no event later than Outside Date; provided that each of the conditions precedent to the obligations of the parties to effect the Closing other than completion of the Matrix Merger are then satisfied or waived by the applicable party. At the Escrow Closing, the parties will deliver or cause to be delivered into escrow with the escrow agent (“Escrow Agent”) under the Escrow Agreement set forth in Exhibit C hereto, the documents described in Section 8.04 below. The parties may agree in writing on another date, time or place for the Escrow Closing.
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 chargers shall be equally divided between Buyer and Seller. If Buyer’s loan is a government-regulated loan which prohibits Buyer from paying such chargers, then they shall be paid by Seller. The closing date of the sale shall be on or before the 4th day of June 2021.
Escrow Closing. At the election of either party and upon notice to the -------------- other party not less than 5 days prior to the date of closing, this sale shall be closed through an escrow with Chicago Title and Trust Company in accordance with the general provisions of the usual form of Deed and Money Escrow Agreement then in use by Chicago Title and Trust Company, with such special provisions inserted in the escrow as may be required to conform with this contract. The cost of the escrow shall be paid by the Seller. Upon satisfaction or waiver of the contingencies contained in Paragraph 20 and 25 hereof the parties shall jointly open a deed and money escrow agreement at Chicago Title and Trust Company using the form then in use by Chicago Title and Trust Company with such special provisions inserted in the escrow as may be required to conform with this contract. Seller's deed shall be deposited into the escrow within 5 days after the opening of the escrow provided, however, that said deed shall not be recorded prior to the deposit into the escrow of all of Seller's funds which shall be done not less than 10 days prior to the closing date. In all other respects the escrow shall conform to the provisions of this contract and the customary provisions of deed and money escrows in the form then in use by Chicago Title and Trust Company. The cost of the deed and money escrow shall be paid by the Seller.
