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 (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations and Closing Costs) 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 1 contract

Samples: Purchase and Sale Agreement (Gsi Lumonics Inc)

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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 (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations and Closing Costs) Agreement, and Title Company is unconditionally and irrevocably committed to issue the Owner's Title Policy concurrently with the Closing, Escrow Agent shallshall take the following actions, in the order and manner herein below indicated take the following actionsindicated:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Scios 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 (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations and Closing Costs) and Title Company is irrevocably and unconditionally and irrevocably committed to issue the Owner's ’s Title Policy concurrently with all of the Closingendorsements set forth on Exhibit A-1 effective as of the Closing Date, Escrow Agent shall, in the order and manner herein below indicated indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Independent Bank 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, when Buyer and Seller have deposited into Escrow the documents and funds required by this Agreement (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations and Closing Costs) Agreement, and Title Company is irrevocably and 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 indicated, take the following actions:

Appears in 1 contract

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

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 (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations and Closing Costs) 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 indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement (T Reit 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 (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations and Closing Costs) 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 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 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 (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations and Closing Costs) and Title Company Insurer is irrevocably and unconditionally prepared and irrevocably committed to issue the Owner's ’s Title Policy concurrently in accordance with the Closingterms hereof, Escrow Agent shall, in the order and manner herein below indicated indicated, take the following actions:

Appears in 1 contract

Samples: Option Agreement

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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 (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations Escrow Agent is irrevocably and Closing Costs) and Title Company is unconditionally and irrevocably committed to issue the Owner's Title Policy concurrently Policies in accordance with the Closingterms hereof, Escrow Agent shall, in the order and manner herein below indicated indicated, take the following actions:

Appears in 1 contract

Samples: Purchase and Sale Agreement (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 (including for the balance of the Purchase Price pursuant to Section 2 hereof Closing, and each parties share of prorations and Closing Costs) and when Title Company is unconditionally and irrevocably committed to issue the Owner's Title Policy Policies concurrently with the ClosingClosing (in accordance with Section 5.1.1 hereof), Escrow Agent shall, in the order and manner herein below indicated indicated, take the following actions:

Appears in 1 contract

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

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 (including the balance of the Purchase Price pursuant to Section 2 hereof and each parties share of prorations and Closing Costs) 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 1 contract

Samples: Purchase and Sale Agreement (Applied Micro Circuits Corp)

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