Common use of Payment of Funds at Close of Escrow Clause in Contracts

Payment of Funds at Close of Escrow. Escrow Agent shall, at the Close of Escrow, deliver by wire transfer, in accordance with Seller's instructions (or will hold for personal pickup, if requested) (i) to Seller, or order, the cash, plus any proration or other credits to which Seller will be entitled less any appropriate proration, deposits or other charges, and (ii) to Buyer, or order, any excess funds theretofore delivered to Escrow Agent by Buyer. 10.5

Appears in 4 contracts

Samples: Paradise Valley (Homefed Corp), Purchase Agreement and Escrow Instructions (Homefed Corp), Purchase Agreement and Escrow Instructions (Homefed Corp)

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Payment of Funds at Close of Escrow. Escrow Agent shall, at the Close of Escrow, deliver by wire transfer, in accordance with Seller's instructions (or will hold for personal pickup, if requested) (i) to Seller, or order, the cash, plus any proration or other credits to which Seller will be entitled less any appropriate proration, deposits or other charges, and (ii) to Buyer, or order, any excess funds theretofore delivered to Escrow Agent by Buyer. 10.5,

Appears in 1 contract

Samples: Paradise Valley (Homefed Corp)

Payment of Funds at Close of Escrow. Escrow Agent shall, at the Close of Escrow, deliver by wire transfer, in accordance with Seller's instructions (or will hold for personal pickup, if requested) (i) to Seller, or order, the cash, plus any proration or other credits to which Seller will be entitled less any appropriate proration, deposits or other charges, and (ii) to Buyer, or order, any excess funds theretofore delivered to Escrow Agent by Buyer. 10.5and

Appears in 1 contract

Samples: Purchase Agreement and Escrow Instructions (Homefed Corp)

Payment of Funds at Close of Escrow. Escrow Agent shallwill, at the Close of Escrow, deliver by wire transfer, in accordance with SellerBuyer's instructions (or will hold for personal pickup, if requested) (i) to SellerBuyer, or order, the cash, Purchase Price plus any proration prorations or other credits to which Seller Buyer will be entitled entitled, less any appropriate proration, deposits prorations or other charges, and (ii) to BuyerSeller, or order, any excess funds theretofore delivered to Escrow Agent by Buyer. 10.5Seller.

Appears in 1 contract

Samples: Purchase Agreement and Escrow Instructions (Udc Homes Inc)

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Payment of Funds at Close of Escrow. Escrow Agent shallshall deliver, at the Close of Escrow, deliver by wire transfer, in accordance with Seller's instructions (or will hold for personal pickup, if requested) (i) to Seller, or order, order by wire the cash, plus any proration or other credits to which Seller will be entitled less any appropriate proration, deposits or other charges, balance of the Purchase Price; and (ii) to Buyer, or orderPurchaser, any excess funds theretofore delivered to Escrow Agent Holder by BuyerPurchaser to which Purchaser is entitled. 10.5Seller's wiring instructions are attached hereto as Exhibit I.

Appears in 1 contract

Samples: Purchase Agreement and Escrow Instructions (Bedford Property Investors Inc/Md)

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