Examples of Escrow Holder in a sentence
As applicable, Escrow Holder shall cause the following documents to be recorded in the official records of the Recorder of the County in the following order of priority at the Close of Escrow: (i) the Grant Deed, with the Developer’s certificate of acceptance attached, (ii) the Notice of Agreement, and (iii) the Construction Loan Deed of Trust and related loan documents, if applicable, and (iv) any other documents to be recorded through Escrow upon the joint instructions of the Parties.
ARTICLE III of this Agreement constitutes the joint escrow instructions of the Parties to the Escrow Holder for completion of the Escrow for the sale of the Property, as contemplated by this Agreement.
Deliver the Purchase Price to the City, less the City’s share of Escrow closing costs, and less any other charges to the account of the City, and return any remaining funds held by Escrow Holder for the account of the Developer to the Developer, less the Developer’s share of Escrow closing costs, and less any other charges to the account of the Developer, all set forth in preliminary closing statements prepared by the Escrow Holder and approved by each party prior to Closing.
The Escrow Holder shall deposit the Earnest Money Deposit into an interest -bearing account.
The Developer and the City shall execute such further escrow instructions, consistent with the provisions of this Agreement, as may be reasonably requested by the Escrow Holder.