Cancellation of Escrow Without Closing. After the Last Closing Date, upon receiving a written demand from either Party for cancellation of Escrow, Escrow Agent shall promptly deliver a copy of such demand to the other Party and shall then proceed as follows:
Appears in 3 contracts
Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Amerivest Properties Inc), Agreement of Purchase and Sale (Pelican Properties International Corp), Assumption and Covenants Agreement (Electronic Arts Inc)
Cancellation of Escrow Without Closing. After the Last Closing Date, if Closing has still not occurred, upon receiving a written demand from either Party for cancellation of Escrow, Escrow Agent shall promptly deliver a copy of such demand to the other Party and shall then proceed as follows:
Appears in 3 contracts
Samples: Agreement of Purchase and Sale (First Potomac Realty Trust), Agreement of Purchase and Sale And (First Potomac Realty Trust), Agreement of Purchase and Sale And (First Potomac Realty Trust)
