Common use of Opening Escrow Clause in Contracts

Opening Escrow. To accomplish the conveyance of the leasehold interest in the Premises from NPS to Developer (or its assignee approved in writing by NPS), the Parties may establish an escrow, and if established will execute and deliver to the escrow holder written instructions that are consistent with this Agreement.

Appears in 2 contracts

Sources: Lease Disposition and Development Agreement, Lease Disposition and Development Agreement

Opening Escrow. To accomplish the conveyance of the leasehold interest in the Premises from NPS to Developer (or its assignee approved in writing by NPS)) of the leasehold interest in the Premises pursuant to the Lease, the Parties may establish an escrow, and if established will established, and shall execute and deliver to the escrow holder written instructions that are consistent with this Agreement.

Appears in 1 contract

Sources: Lease Disposition and Development Agreement