Common use of Closing of Escrow Clause in Contracts

Closing of Escrow. 8.6.1 Escrow Holder if any shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to it that, effective as of the Closing, the Title Company will issue the Owner’s Policy to end Buyer(s)

Appears in 1 contract

Samples: Development Rights and Sale Agreement (Ameri Metro, Inc. (Formerly Yellowwood))

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Closing of Escrow. 8.6.1 7.4.1 Escrow Holder if any shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to it Escrow Holder that, effective as of the Closing, the Title Company will issue to Buyer the Owner’s Policy standard or extended Title Policies, as applicable pursuant to end Buyer(s)Section 7.6, with respect to the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arv Assisted Living Inc)

Closing of Escrow. 8.6.1 7.4.1 Escrow Holder if any shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to it Escrow Holder that, effective as of the Closing, the Title Company will issue to Buyer the Owner’s Policy standard or extended Title Policies, as applicable pursuant to end Buyer(s)Section 7.6, with respect to each Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arv Assisted Living Inc)

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Closing of Escrow. 8.6.1 7.4.1 Escrow Holder if any shall hold the Closing on the Closing Date if: (i) it has received in a timely manner all the funds and materials required to be delivered into Escrow by Buyer and Seller; and (ii) it has received assurances satisfactory to it Escrow Holder that, effective as of the Closing, the Title Company will issue to Buyer the Owner’s Policy standard or extended Title Policies, as applicable pursuant to end Buyer(s)Section 7.6, with respect to each Owned and Leased Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arv Assisted Living Inc)

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