Closing of Escrow. Escrow shall close April 1, 1997, provided the Tenant Estoppels satisfying the requirements of paragraph 8(b) hereof have been received and all other Arden's Conditions Precedent to Closing as set forth in Paragraph 8 hereof have been satisfied. The term "Closing" as used herein shall be deemed to be the date upon which the respective Conditions Precedent to Arden's Obligation to Close Escrow (set forth in Paragraph 8 below) and the Conditions Precedent to the CalTwin Parties' Obligation to Close Escrow (set forth in Paragraph 9 below) have been satisfied, the Grant Deeds ("Grant Deeds" herein) hereinafter referred to is recorded in the office of the County Recorder of Kexx Xounty. If the Closing as provided herein does not occur, this Agreement and the Escrow shall be cancelled and terminated and thereafter neither party shall have any further obligation or liability to the other party, except as expressly set forth in this Agreement.
Closing of Escrow. 5.4.1 Pursuant to Section 6045 of the Internal Revenue and Taxation Code, Escrow Holder shall be designated the "closing agent" hereunder and shall be solely responsible for complying with the tax reform act of 1986 with regard to reporting all settlement information to the Internal Revenue Service.
Closing of Escrow. Provided that both Developer’s Conditions Precedent to Closing and the Agency’s Conditions Precedent to Closing have been satisfied or waived in writing, the Conveyance of the Site shall close on the Closing Date (the “Closing”), but in no event later than the Outside Closing Date. The Closing shall occur at the Escrow. The Closing shall mean the times and days that the Grant Deed is filed for record with the Orange County Recorder. The Closing Date shall mean the days on which the Closing occur.
Closing of Escrow. 8.6.1 Escrow Holder if any shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to it that, effective as of the Closing, the Title Company will issue the Owner’s Policy to end Buyer(s)
Closing of Escrow. The Closings shall occur within five (5) days of the Parties’ satisfaction or written waiver of both Developer’s Conditions Precedent to Closings and the Agency’s Conditions Precedent to Closings, but in no event later than the Outside Closing Date. The Closings shall occur at the Escrow. The Closings shall mean the time and day that the Grant Deed is filed for record with the Orange County Recorder. The Closing Date shall mean the day on which each Closing occurs.
Closing of Escrow. FOR THE PURCHASE; EXTENSIONS The escrow for the purchase transaction will be scheduled to close no later than thirty (30) days after the opening of escrow (“the Close of Escrow”), which in most cases, will occur at the same time as the Purchase Contract is executed, unless escrow is extended or cancelled in accordance with the provisions of the Purchase Contract. The Buyer agree to pay all closing costs and other expenses as normally allocated to purchasers of real property in the area in which the Property is located and shall be obligated to pay the entire escrow fee.
Closing of Escrow. The closing (the "Closing") of the purchase and sale of the Property shall take place through Escrow on March 31, 1998 (the "Closing Date"), provided that the conditions to Closing set forth herein have been satisfied. If the Closing has not occurred on or before the Closing Date, then this Agreement shall automatically terminate (and, subject to the immediately succeeding sentence, Section 8 below shall apply) unless the parties mutually agree to the contrary in writing. No such termination shall relieve any party from liability due to any breach or default under this Agreement by such party prior to the time of such termination.
Closing of Escrow. Escrow shall close ten (10) business days following the Approval Date, but subject to Owner's right to extend as hereinafter provided, in all events not later than December 2, 1997, provided the Ground Lessor Consent and Estoppels and the Tenant Estoppels satisfying the requirements of paragraph 8(b) hereof have been received and all other Acquirer's Conditions Precedent to Closing as set forth in Paragraph 8 hereof and the Conditions Precedent to Owner's Obligation to Close Escrow (set forth in Paragraph 9 below) have been satisfied. Notwithstanding the foregoing, any Owner (with the written consent of each other Owner) shall have the right to extend the Closing, subject to obtaining an extension of the Remaining Pay-Off Amount for the same extension period, for a period not to extend beyond January 7, 1998, by giving written notice thereof to Acquirer on or before November 28, 1997. The term "Closing" as used herein shall be deemed to be the date upon which the respective Conditions Precedent to Acquirer's Obligation to Close Escrow (set forth in Paragraph 8 below) and the Conditions Precedent to Owner's Obligation to Close Escrow (set forth in Paragraph 9 below) have been satisfied, the Assignment of Leasehold and Grant to the Improvements ("Assignment of Leasehold" herein) hereinafter referred to is recorded in the office of the County Recorder of Los Angeles County and the net proceeds (in cash and OP Units) required to close are held by Escrow Agent for disbursement to Owner. If the Closing as provided herein does not occur, this Agreement and the Escrow shall be cancelled and terminated and thereafter neither party shall have any further obligation or liability to the other party, except as expressly set forth in this Agreement.
Closing of Escrow. The Close of Escrow shall occur as provided by Section 2.5 of the Principal Purchase Agreement, unless the Escrow Agent receives reasonable notice from each of the Parties of such amendment to the Principal Purchase Agreement signed by each of the Parties
Closing of Escrow. For purpose of this Agreement Closing or Close of Escrow shall mean the date the Seller’s Deed and the Easement Grant Deed are recorded in the Official Records of Lyon County, Nevada.
