Common use of To Seller Clause in Contracts

To Seller. If Seller terminates this Contract in accordance with Seller’s rights to terminate, Seller will send a request for release of the ▇▇▇▇▇▇▇ Money to Buyer, with a copy to the Title Company, to be signed by ▇▇▇▇▇. If ▇▇▇▇▇ fails to deliver a signed release to the Title Company within fifteen days after delivery of the request for release, Seller may make a written demand on the Title Company for the ▇▇▇▇▇▇▇ Money, and the Title Company will promptly deliver a copy of the demand to Buyer. Unless Buyer delivers a written objection to the Title Company, within fifteen days after the Title Company delivers Seller’s written demand for the ▇▇▇▇▇▇▇ Money, the Title Company will, without any further authorization from Buyer, deliver the ▇▇▇▇▇▇▇ Money to Seller.

Appears in 2 contracts

Sources: Option to Purchase Agreement (ETX Park Fund #2, LLC), Option to Purchase (ETX Park Fund #2, LLC)

To Seller. If Seller terminates this Contract in accordance with any of Seller’s 's rights to terminate, Seller will send a request for the release of the ▇▇▇▇▇▇▇ Money to Buyer, with a copy to the Title Company, to be signed by ▇▇▇▇▇. If ▇▇▇▇▇ fails to deliver a signed release to the Title Company within fifteen days after delivery of the request for release, Seller may make a written demand on the Title Company for the ▇▇▇▇▇▇▇ Money, and the Title Company will promptly deliver a copy of the demand to Buyer. Unless Buyer delivers a written objection to the Title Company, within fifteen days after the Title Company delivers Seller’s 's written demand for the ▇▇▇▇▇▇▇ Money, the Title Company will, without any further authorization from Buyer, deliver the ▇▇▇▇▇▇▇ Money to Seller.

Appears in 1 contract

Sources: Real Estate Sales Contract