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 for the Closing, and when Title Company is committed to issue the Title Policies concurrently with the Closing (in accordance with Section 5.1.1 hereof), Escrow Agent shall, in the order and manner herein below indicated, take the following actions: 6.4.1

Appears in 1 contract

Samples: Purchase and Sale Agreement (Senior Income Fund L P)

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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 for the Closing, and when Title Company Escrow Agent is irrevocably and unconditionally committed to issue the Owner's Title Policies concurrently with the Closing (in accordance with Section 5.1.1 the terms hereof), Escrow Agent shall, in the order and manner herein below indicated, take the following actions: 6.4.1:

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Saxton 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, when Buyer and Seller have deposited into Escrow the documents and funds required by this Agreement for (including the Closing, balance of the Purchase Price pursuant to Section 2 hereof and when each parties share of prorations and Closing Costs) and Title Company is unconditionally and irrevocably committed to issue the Owner's Title Policies Policy concurrently with the Closing (in accordance with Section 5.1.1 hereof)Closing, Escrow Agent shall, in the order and manner herein below indicated, indicated take the following actions: 6.4.1:

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Gsi Lumonics 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, when Buyer and Seller have deposited into Escrow the documents and funds required by this Agreement for the Closing, and when Title Company is irrevocably and unconditionally committed to issue the Owner's Title Policies concurrently with the Closing (Policy in accordance with Section 5.1.1 the terms hereof), Escrow Agent shall, in the order and manner herein below indicated, take the following actions: 6.4.1:

Appears in 1 contract

Samples: Purchase and Sale Agreement (T Reit Inc)

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Actions by Escrow Agent. Provided that Escrow Agent shall has 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 for the Closing, and when Title Company Insurer is irrevocably and unconditionally prepared and committed to issue the Owner’s Title Policies concurrently with the Closing (Policy in accordance with Section 5.1.1 the terms hereof), Escrow Agent shall, in the order and manner herein below indicated, take the following actions: 6.4.1:

Appears in 1 contract

Samples: Option Agreement

Actions by Escrow Agent. Provided that Escrow Agent shall not have received written notice 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 for the ClosingAgreement, and when Title Company is unconditionally and irrevocably committed to issue the Owner's Title Policies Policy concurrently with the Closing (in accordance with Section 5.1.1 hereof)Closing, Escrow Agent shallshall take the following actions, in the order and manner herein below indicated, take the following actions: 6.4.1:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Scios Inc)

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