Common use of Escrow Closing Clause in Contracts

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. Purchaser and Seller (or their respective counsel on behalf of Purchaser and Seller) shall execute letters of escrow closing instructions (the “Closing Instructions”) consistent with this Agreement which will provide that, on the Date of Closing: (a) Seller and Purchaser shall each deposit with the 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 the 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 PremiumPrice, and the satisfaction of all other conditions set forth in the Closing Instructions, the Title Company shall be authorized and directed to disburse the Adjusted Purchase Price and Deposit to Seller or its designee(s) and the Buyer’s Premium to Auctioneer), record the Deed among the real property land records of Pinellas Xxxxxxx County, FloridaGeorgia, and release the remaining Closing Documents to the appropriate parties, all in strict accordance with the Closing Instructions.

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 ClosingClosing Date: (a) Seller and Purchaser shall each deposit with Title Company the Escrow Agent all of the documents and instruments described in Sections 8.1 and 8.2, above herein (the “Closing Documents”); and (b) Purchaser shall deposit with Title Company the balance of Escrow Agent 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, Agreement (the “Adjusted Purchase Price”); and (c) the Closing Instructions shall include the names, dollar amounts, and payment instructions for creditors of all Accounts Payable, including but not limited to Paragon Financial Group, Inc. and all recruiters that have bonuses, commissions or payments due, no later than one day prior to the Buyer’s PremiumClosing Date, all of which shall be set forth on, and mutually agreeable pursuant to, a settlement statement executed by both Purchaser and Seller at Closingthe Closing Statement. Upon receipt of the Adjusted Purchase Price and the Buyer’s PremiumPrice, and the satisfaction of all other conditions set forth in the Closing Instructions, Title Company the Escrow Agent shall be authorized and directed as of the Closing Date 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.as follows:

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 the Closing Agent all of the documents and instruments described in Sections Section 8.1 and Section 8.2, above (the “Closing Documents”); and (b) Purchaser shall deposit with Title Company the Closing Agent 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 Settlement Statement executed by both Purchaser and Seller at Closing. Upon receipt of the Adjusted Purchase Price and the Buyer’s PremiumPrice, and the satisfaction of all other conditions set forth in the Closing Instructions, Title Company the Closing Agent 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 land records of Pinellas Prince Xxxxxxx County, FloridaVirginia, and release the remaining Closing Documents to the appropriate parties, all in strict accordance with the Closing Instructions.

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 the 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 the 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 Settlement Statement executed by both Purchaser and Seller at Closing. Upon receipt of the Adjusted Purchase Price and the Buyer’s PremiumPrice, and the satisfaction of all other conditions set forth in the Closing Instructions, the 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 land records of Pinellas Xxxxx County, FloridaNevada, and release the remaining Closing Documents to the appropriate parties, all in strict accordance with the Closing Instructions.