Common use of Actions by Escrow Agent Clause in Contracts

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereof, when Buyer and Seller have deposited into Escrow the documents and funds required hereby and Title Company is irrevocably and unconditionally committed to issue the Title Policy in accordance with the terms hereof, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (MPG Office Trust, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (MPG Office Trust, Inc.)

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Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer Transferee or Seller Transferor of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer Transferee and Seller Transferor have deposited into Escrow the documents and funds required hereby by this Agreement and Title Company is irrevocably and unconditionally committed to issue the Owner’s Title Policy in accordance Policies with effective dates as of the terms hereofClosing Date, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 2 contracts

Samples: Acquisition and Contribution Agreement and Joint Escrow Instructions (Colonial Realty Limited Partnership), Acquisition and Contribution Agreement and Joint Escrow Instructions (Colonial Realty Limited Partnership)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer and Seller have deposited into Escrow the documents and funds required hereby by this Agreement, and Title Company is unconditionally and irrevocably and unconditionally committed to issue the Owner's Title Policy in accordance concurrently with the terms hereofClosing, Escrow Agent shall, in the order and manner herein below indicated, indicated take the following actions:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Cytrx Corp), Purchase and Sale Agreement (Cytrx Corp)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer and Seller have deposited into Escrow the documents and funds required hereby by this Agreement, and Title Company is unconditionally and irrevocably and unconditionally committed to issue the Owner’s Title Policy in accordance concurrently with the terms hereofClosing, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Facebook Inc), Purchase and Sale Agreement and Joint Escrow Instructions (Arena Pharmaceuticals Inc)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer and Seller have deposited into Escrow the documents and funds required hereby by this Agreement, and Title Company is unconditionally and irrevocably and unconditionally committed to issue the Title Policy in accordance concurrently with the terms hereofClosing, Escrow Agent shall, in the order and manner herein below indicated, indicated take the following actions:

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Applied Micro Circuits Corp)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer and Seller have deposited into Escrow the documents and funds required hereby by this Agreement, and Title Company is irrevocably and unconditionally committed to issue the Buyer's Title Policy in accordance Policies, with an effective date not earlier than the terms hereofClosing Date, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Apartment Investment & Management Co)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer Transferee or Seller Transferor of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer Transferee and Seller Transferor have deposited into Escrow escrow the documents and funds required hereby by this Agreement and Title Company is irrevocably and unconditionally committed to issue the Title Policy in accordance with Policies effective as of the terms hereofClosing Date (subject only to the payment of the standard premiums), Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 1 contract

Samples: Contribution Agreement (CBL & Associates Properties Inc)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer and Seller have deposited into Escrow the documents and funds required hereby by this Agreement and Title Company is irrevocably and unconditionally committed to issue the Owner’s Title Policy in accordance with all of the terms hereofendorsements set forth on Exhibit A-1 effective as of the Closing Date, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Independent Bank Corp)

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Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer Transferee or Seller Transferor of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer Transferee and Seller Transferor have deposited into Escrow escrow the documents and funds required hereby by this Agreement and Title Company is irrevocably and unconditionally committed to issue the Title Policy in accordance with effective as of the terms hereofClosing Date (subject only to the payment 22510983v9 of the standard premiums), Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement (CBL & Associates Properties Inc)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller Sellers of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer and Seller Sellers have deposited into Escrow the documents and funds required hereby by this Agreement and Title Company is irrevocably and unconditionally committed to issue the Owner's Title Policy in accordance with effective as of the terms hereofClosing Date, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Apartment Investment & Management Co)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer Purchaser or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer Purchaser and Seller have deposited into Escrow the documents and funds required hereby by this Agreement, and Title Company is unconditionally and irrevocably and unconditionally committed to issue the Title Policy in accordance concurrently with the terms hereofClosing, Escrow Agent shall, in the order and manner herein below indicated, indicated take the following actions:

Appears in 1 contract

Samples: Lease Agreement (Salesforce Com Inc)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller Sellers of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer and Seller Sellers have deposited into Escrow the documents and funds required hereby by this Agreement and Title Company is irrevocably and unconditionally committed to issue the Owner's Title Policy in accordance with the terms hereof, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Luna Azul Development Fund, LLC)

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice from Buyer or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement in accordance with the terms hereofAgreement, when Buyer and Seller have deposited into Escrow the documents and funds required hereby by this Agreement, and Title Company is irrevocably and unconditionally committed to issue the Owner's Title Policy in accordance concurrently with the terms hereofClosing, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Matrix Pharmaceutical Inc/De)

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