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, when Buyer and Seller have deposited into Escrow the documents and funds required by this Agreement, and Title Company is unconditionally and irrevocably committed to issue the Owner’s Title Policy concurrently with the Closing, Escrow Agent shall, in the order and manner herein below indicated, take the following actions:

Appears in 2 contracts

Samples: Lease Agreement (Facebook Inc), Purchase Agreement (Arena Pharmaceuticals 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, when Buyer Transferee and Seller Transferor have deposited into Escrow the documents and funds required by this Agreement, Agreement and Title Company is irrevocably and unconditionally and irrevocably committed to issue the Owner’s Title Policy concurrently Policies with effective dates as of the ClosingClosing 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 (Colonial Realty Limited Partnership), Acquisition and Contribution Agreement (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, when Buyer and Seller have deposited into Escrow the documents and funds required by this Agreement, and Title Company is unconditionally and irrevocably committed to issue the Owner’s 's Title Policy concurrently with the Closing, 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 AgreementAgreement in accordance with the terms hereof, when Buyer and Seller have deposited into Escrow the documents and funds required by this Agreement, hereby and Title Company is irrevocably and unconditionally and irrevocably committed to issue the Owner’s Title Policy concurrently in accordance with the Closingterms 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 (MPG Office Trust, Inc.), Purchase and Sale Agreement (MPG Office Trust, Inc.)

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, when Buyer Transferee and Seller Transferor have deposited into Escrow escrow the documents and funds required by this Agreement, Agreement and Title Company is irrevocably and unconditionally and irrevocably committed to issue the Owner’s Title Policy concurrently with effective as of the ClosingClosing 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)

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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, when Buyer Transferee and Seller Transferor have deposited into Escrow escrow the documents and funds required by this Agreement, Agreement and Title Company is irrevocably and unconditionally and irrevocably committed to issue the Owner’s Title Policy concurrently with Policies effective as of the ClosingClosing 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 Sellers of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement, when Buyer and Seller Sellers have deposited into Escrow the documents and funds required by this Agreement, Agreement and Title Company is irrevocably and unconditionally and irrevocably committed to issue the Owner’s 's Title Policy concurrently with effective as of the ClosingClosing 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 or Seller of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement, when Buyer and Seller have deposited into Escrow the documents and funds required by this Agreement, and Title Company is unconditionally and irrevocably committed to issue the Owner’s Buyer's Title Policy concurrently Policies, with an effective date not earlier than the ClosingClosing 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)

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