Examples of Escrow Holder in a sentence
The “Closing Date” shall mean the date on which the conditions set forth in this Agreement for the Close of Escrow and for the transfer of the Property have been satisfied, and the Deed is recorded by the Escrow Holder; provided that in no event shall BUYER be obligated to close unless it has received at least ten (10) days’ advance notice from the SELLER of the anticipated date for satisfaction of such conditions to Close of Escrow.
The Property shall be transferred to BUYER at the Close of Escrow; provided that, within the periods of time set forth in this Agreement: (i) BUYER has not terminated this Agreement, (ii) BUYER has accepted the Deed; and (iii) all other conditions of the Close of Escrow set forth in this Agreement, including without limitation as set forth in Sections 7(b) and 7(c) below, have been met and BUYER has paid, or caused to be paid to the Escrow Holder all applicable Escrow costs relating to such closing.
The Escrow Holder shall be in a position to issue the Title Policy to BUYER in the amount of the Purchase Price with respect to the Property subject only to the exceptions permitted by Section 10 of this Agreement.
The BUYER may elect to extend the Entitlement Period up to an additional four (4) months (to a date that is twenty-eight (28) months following the Opening of Escrow) if all entitlements have not yet been issued, and the BUYER delivers to the Escrow Holder, this First Amendment memorializing the extension of the Entitlement Period, prior to the last day of the twenty-four (24) month Entitlement Period.
Code Title 14, Section 15000 et seq.) in connection with XXXXX’s proposed development of the Property; and shall have delivered a copy of said Notice of Determination to the BUYER and Escrow Holder.