Common use of Closing Date and Delivery Clause in Contracts

Closing Date and Delivery. The Closing Date and Delivery of the Locomotive shall take place upon confirmation by the Seller of the receipt of purchase payment by the escrow account, as agreed to herein, and the full endorsement of this Agreement by all parties hereto. At the Closing Date, all Sellers right, title and interest shall pass to Buyer. The end of escrow to be set at one (1) month from final signing of agreement. After that date, payment is declared non-refundable and will be released from escrow.

Appears in 3 contracts

Samples: Sale and Sales Agreement, Bill of Sale and Sales Agreement, Sale and Sales Agreement

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Closing Date and Delivery. The Closing Date and Delivery of the Locomotive shall take place upon confirmation by the Seller of the receipt of purchase payment by the escrow account, as agreed to herein, and the full endorsement of this Agreement by all parties hereto. At the Closing Date, all Sellers right, title and interest shall pass to Buyer. The end Closing Date of escrow sale to be set at one (1) month from final signing of agreement. After that date, payment is declared non-refundable and will be released from escrow.

Appears in 2 contracts

Samples: Sale and Sales Agreement, Sale and Sales Agreement

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Closing Date and Delivery. The Closing Date and Delivery of the Locomotive shall take place upon confirmation by the Seller of the receipt of purchase payment by the escrow account, as agreed to herein, and the full endorsement of this Agreement by all parties hereto. At the Closing Date, all Sellers right, title and interest shall pass to Buyer. The end of escrow to be set at one (1) month from final signing of agreement. After that date, payment is declared non-refundable and will be released from escrow.

Appears in 1 contract

Samples: Sale and Sales Agreement

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