Common use of Opening Clause in Contracts

Opening. The purchase of the Property will be consummated through an escrow (“Escrow” herein) to be opened at Xxxxxx Fair Title Company (“Title Company”) through its office located in Dallas, Texas (Attention: Xxx Xxxxxxxxx). This Agreement shall be considered as the escrow instructions between the parties, along with such further instructions as the Title Company may require in order to clarify the duties and responsibilities of the Title Company or any supplemental escrow instructions, provided no such further or supplemental instructions shall be inconsistent herewith. If the Title Company shall require further escrow instructions, Seller shall request that the Title Company promptly prepare escrow instructions, on its usual form, for the purchase and sale of the Property upon the terms and provisions hereof. Said escrow instructions (which are in accordance herewith) (which shall be consistent herewith) shall be promptly signed by Buyer and Seller. The escrow instructions shall incorporate each and every term of this Agreement and shall provide, in the event of any conflict between the terms and conditions of this Agreement and said escrow instructions, that the terms and conditions of this Agreement shall control.

Appears in 4 contracts

Samples: Agreement for Purchase and Sale, Agreement for Purchase and Sale (Universal Health Realty Income Trust), Agreement for Purchase and Sale (Universal Health Realty Income Trust)

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