Common use of Escrow Opening Clause in Contracts

Escrow Opening. Buyer and Seller shall cause the opening of “Escrow” (the escrow opened with Escrow Holder for the consummation of the transaction described in this Agreement) by the delivery of a fully executed original of this Agreement to Escrow Holder no later than three (3) business days after the Effective Date hereof. Escrow shall close (“Closing” or “Close of Escrow”) on the Closing Date, or such earlier date as may be agreed upon by the parties in writing.

Escrow Opening. Buyer and Seller shall promptly (but in no less than three (3) business days following the Effective Date) cause the opening of Escrow by delivering a fully executed copy of this Agreement to Escrow Holder, together with any additional instructions as may be necessary or convenient to implement the terms of this Agreement. The term “Escrow” (means the escrow opened with Escrow Holder for the consummation of the transaction described in this Agreement) by the delivery of a fully executed original of this Agreement to Escrow Holder no later than three (3) business days after the Effective Date hereof. Escrow shall close (“Closing” or “Close of Escrow”) on the Closing Date, or such earlier date as may be agreed upon by the parties in writing.