Common use of Opening Escrow Clause in Contracts

Opening Escrow. The Parties shall establish the Escrow with the Title Company. The Parties shall execute and deliver all written instructions to the Title Company to accomplish the terms hereof, which instructions shall be consistent with this Agreement. The Parties may submit their own escrow instructions to Title Company provided such instructions are consistent with the terms of this Agreement. Upon request by Developer, the Title Company may be changed to a company requested by Developer, provided: (a) Developer makes the request prior to the opening of escrow; and (b) the company is approved by the City.

Appears in 1 contract

Sources: Disposition and Development Agreement

Opening Escrow. The Parties shall establish the Escrow with the Title Company. The Parties shall execute and deliver all written instructions to the Title Company to accomplish the terms hereof, which instructions shall be consistent with this Agreement. The Parties may submit their own escrow instructions to Title Company provided such instructions are consistent with the terms of this Agreement. Upon request by the Developer, the Title Company may be changed to a company requested by the Developer, provided: (a) the Developer makes the request prior to the opening of escrowEscrow; and (b) the new title company is approved by the City.

Appears in 1 contract

Sources: Disposition, Development and Loan Agreement

Opening Escrow. The Parties shall establish the Escrow with the Title Company. The Parties shall execute and deliver all written instructions to the Title Company to accomplish the terms hereof, which instructions shall be consistent with this Agreement. The Parties may submit their own escrow instructions to Title Company provided such instructions are consistent with the terms of this Agreement. Upon request by the Developer, the Title Company may be changed to a company requested by the Developer, provided: provided (a) Developer makes the request prior to title company is approved by the opening of escrow; County and (b) the company is approved by Developer shall pay all title insurance and escrow costs of the City.new title company.β€Œ

Appears in 1 contract

Sources: Land Disposition, Development and Loan Agreement