Closing and Escrow. The consummation of the transaction contemplated herein (“Closing”) shall occur on the Closing Date at the offices of the Escrow Agent. Closing shall occur through an escrow with the Escrow Agent. Funds shall be deposited into and held by Escrow Agent in a closing escrow account with a bank satisfactory to Purchaser and Seller. Upon satisfaction or completion of all closing conditions and deliveries, Escrow Agent shall immediately record and deliver the Deed and deliver the closing documents to the appropriate parties and make disbursements according to the closing statements executed by Seller and Purchaser. Provided such supplemental escrow instructions are not in conflict with this Agreement as it may be amended in writing from time to time, Seller and Purchaser agree to execute such supplemental escrow instructions as may be appropriate to enable Escrow Agent to comply with the terms of this Agreement. The parties understand that the Closing shall occur in Woodbridge, Connecticut or such other location as the parties shall agree. If the closing is to be performed by electronic means, all necessary deliveries to escrow must be completed by 11:00 A.M. on the Closing Date.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Nanoviricides, Inc.)
Closing and Escrow. The consummation of the transaction contemplated herein (“Closing”) shall occur on the Closing Date at the offices of the Escrow Agent. Closing shall occur through an escrow with the Escrow Agent. Funds shall be deposited into and held by Escrow Agent in a closing escrow account with a bank satisfactory to Purchaser and Seller. Upon satisfaction or completion of all closing conditions and deliveries, Escrow Agent shall immediately record and deliver the Deed (as defined below) and deliver the closing documents document s to the appropriate parties and make disbursements according to the closing statements executed by Seller and Purchaser. Provided such supplemental escrow instructions are not in conflict with this Agreement as it may be amended in writing from time to time, Seller and Purchaser agree to execute such supplemental escrow instructions as may be appropriate to enable Escrow Agent to comply with the terms of this Agreement. The parties understand that the Closing shall occur in WoodbridgeLongmont, Connecticut or such other location as the parties shall agree. If the closing is to be performed by electronic means, Colorado and that all necessary deliveries to escrow must be completed by 11:00 A.M. on the Closing Date.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Array Biopharma Inc)
Closing and Escrow. The consummation of the transaction contemplated herein (“"Closing”") shall occur on the Closing Date at the offices of the Escrow Agent. Closing shall occur through an a normal deed and money escrow with the Escrow Agent. Funds shall be deposited into and held by Escrow Agent in a closing escrow account with a bank satisfactory to Purchaser and Seller. Upon satisfaction or completion of all closing conditions and deliveries, the parties shall direct the Escrow Agent shall to immediately record and deliver the Deed and deliver the closing documents to the appropriate parties and make disbursements according to the closing statements executed by Seller and Purchaser. Provided such supplemental escrow instructions are not in conflict with this Agreement as it may be amended in writing from time to time, Seller and Purchaser agree to execute such supplemental escrow instructions as may be appropriate to enable Escrow Agent to comply with the terms of this Agreement. The parties understand that the Closing shall occur in Woodbridge, Connecticut or such other location as the parties shall agree. If the closing is to be performed by electronic means, Seattle requiring that all necessary deliveries to escrow must be completed by 11:00 A.M. 9 AM PST on the Closing Date.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (BioMed Realty Trust Inc)
Closing and Escrow. The consummation of the transaction contemplated herein (“Closing”) shall occur on the Closing Date at the offices of the Escrow Agent. Closing shall occur through an escrow with the Escrow Agent. Funds shall be deposited into and held by Escrow Agent in a closing escrow account with a bank satisfactory to Purchaser and Seller. Upon satisfaction or completion of all closing conditions and deliveries, Escrow Xxxxxx Agent shall immediately record and deliver the Deed and deliver the closing documents to the appropriate parties and make disbursements according to the closing statements executed by Seller Xxxxxx and Purchaser. Provided such supplemental escrow instructions are not in conflict with this Agreement as it may be amended in writing from time to time, Seller and Purchaser agree to execute such supplemental escrow instructions as may be appropriate to enable Escrow Agent to comply with the terms of this Agreement. The parties understand that the Closing shall occur in Woodbridge, Connecticut or such other location as the parties shall agree. If the closing is to be performed by electronic means, requiring that all necessary deliveries to escrow must be completed by 11:00 A.M. on the Closing Date.
Appears in 1 contract
Samples: Agreement of Purchase and Sale