Common use of Disposition of Deposit Defaults Clause in Contracts

Disposition of Deposit Defaults. (a) The Deposit shall be held in escrow and disbursed by the Title Company in accordance with the terms of this Agreement. Seller and Buyer each agrees, upon request, to execute the Title Company's customary form of escrow agreement with respect to the Deposit.

Appears in 4 contracts

Samples: Agreement of Sale and Purchase (Keystone Property Trust), Agreement of Sale and Purchase (American Real Estate Investment Corp), Agreement of Sale and Purchase (American Real Estate Investment Corp)

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Disposition of Deposit Defaults. (a) The Deposit shall be held in escrow and disbursed by the Title Company in accordance with the terms of this Agreement. Seller and Buyer each agreesIf Closing is completed, upon request, to execute the Title Company's customary form Company shall pay the Deposit to Seller on account of escrow agreement with respect to the DepositPurchase Price.

Appears in 4 contracts

Samples: Agreement of Sale and Purchase (American Real Estate Investment Corp), Agreement of Sale and Purchase (American Real Estate Investment Corp), Agreement of Sale and Purchase (American Real Estate Investment Corp)

Disposition of Deposit Defaults. (a) The Deposit shall be held in escrow and disbursed by the Title Company in accordance with the terms of this Agreement. Seller and Buyer each agrees, upon request, to execute the Title Company's customary form of escrow agreement with respect to the Deposit.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (American Real Estate Investment Corp)

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Disposition of Deposit Defaults. (a) The Deposit shall be held in escrow and disbursed by the Title Company in accordance with the terms of this Agreement. Seller and Buyer each agrees, upon request, to execute the Title Company's customary form of escrow agreement with respect to the Deposit.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (American Real Estate Investment Corp)

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