Common use of Compliance After Close of Escrow Clause in Contracts

Compliance After Close of Escrow. If compliance is to take place after Close of Escrow, then check either Seller or Buyer in each of the four paragraphs below that apply: a.  Seller  Buyer (check one) agrees to be responsible for obtaining the Certificate of Compliance within the time frame specifically set by the District, prior to Close of Escrow and agrees, if needed, to promptly upon Acceptance of the Purchase Agreement to apply for a Time Extension Certificate, which they shall deliver to Escrow prior to final verification of condition. b.  Seller  Buyer (check one) shall be responsible to pay the required EBMUD fee for this extension. c.  Seller  Buyer (check one) shall be responsible to post the deposit into escrow as is required by EBMUD for any Time Extension for compliance prior to the final verification of condition. Note: If the Certificate of Completion is not obtained within the time frame specifically set by the District after the close of escrow, this deposit may be subject to forfeit and the property owner may be subject to enforcement action by EBMUD.

Appears in 1 contract

Samples: Purchase Agreement Addendum

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Compliance After Close of Escrow. If compliance is to take place after Close of Escrow, then check either Seller or Buyer in each of the four paragraphs below that apply: a. Seller Buyer (check one) agrees to be responsible for obtaining the Certificate of Compliance within the time frame specifically set by the District, prior to Close of Escrow and agrees, if needed, to promptly upon Acceptance of the Purchase Agreement to apply for a Time Extension Certificate, which they shall deliver to Escrow prior to final verification of condition. b. Seller Buyer (check one) shall be responsible to pay the required EBMUD fee for this extension. c. Seller Buyer (check one) shall be responsible to post the deposit into escrow as is required by EBMUD for any Time Extension for compliance prior to the final verification of condition. Note: If the Certificate of Completion is not obtained within the time frame specifically set by the District after the close of escrow, this deposit may be subject to forfeit and the property owner may be subject to enforcement action by EBMUD. d. Seller Buyer (check one) to receive refund of the deposit once Certificate of Compliance is obtained.

Appears in 1 contract

Samples: Purchase Agreement Addendum

Compliance After Close of Escrow. If compliance Compliance is to take place after Close of Escrow, then check either Seller or Buyer in each of the four paragraphs below that apply:Close a. Seller Buyer (check one) agrees to be responsible for obtaining the Certificate of Compliance within the time frame specifically set by the District, prior to Close of Escrow and agrees, if needed, to promptly upon Acceptance of the Purchase Agreement to apply for a Time Extension Certificate, which they shall deliver to Escrow escrow prior to final verification of condition. b. Seller Buyer (check one) shall be responsible to pay the required EBMUD fee for this extension. c. Seller Buyer (check one) shall be responsible to post the deposit into escrow as is required by EBMUD for any Time Extension for compliance prior to the final verification of condition. Note: If the Certificate of Completion is not obtained within the time frame specifically set by the District after the close Close of escrowEscrow, this deposit may be subject to forfeit and the property owner may be subject to enforcement action by EBMUD. d. Seller Buyer (check one) to receive a refund of the deposit, if any, once Certificate of Compliance is obtained.

Appears in 1 contract

Samples: Purchase Agreement Addendum

Compliance After Close of Escrow. If compliance is to take place after Close of Escrow, then check either Seller or Buyer in each of the four paragraphs below that apply:of a. Seller Buyer (check one) agrees to be responsible for obtaining the Certificate of Compliance within the time frame specifically set by the District, prior to Close of Escrow and agrees, if needed, to promptly upon Acceptance of the Purchase Agreement to apply for a Time Extension Certificate, which they shall deliver to Escrow prior to final verification of condition. b. Seller Buyer (check one) shall be responsible to pay the required EBMUD fee for this extension. c. Seller Buyer (check one) shall be responsible to post the deposit into escrow as is required by EBMUD for any Time Extension for compliance prior to the final verification of condition. Note: If the Certificate of Completion is not obtained within the time frame specifically set by the District after the close of escrow, this deposit may be subject to forfeit and the property owner may be subject to enforcement action by EBMUD. d. Seller Buyer (check one) to receive refund of the deposit once Certificate of Compliance is obtained.

Appears in 1 contract

Samples: Purchase Agreement Addendum

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Compliance After Close of Escrow. If compliance is to take place after Close of Escrow, then check either Seller or Buyer in each of the four paragraphs below that apply:, a. Seller Buyer (check one) agrees to be responsible for obtaining the Certificate of Compliance within the time frame specifically set by the District, prior to Close of Escrow and agrees, if needed, to promptly upon Acceptance of the Purchase Agreement to apply for a Time Extension Certificate, which they shall deliver to Escrow escrow prior to final verification of condition. b. Seller Buyer (check one) shall be responsible to pay the required EBMUD fee for this extension. c. Seller Buyer (check one) shall be responsible to post the deposit into escrow as is required by EBMUD for any Time Extension for compliance prior to the final verification of condition. Note: If the Certificate of Completion is not obtained within the time frame specifically set by the District after the close of escrow, this deposit may be subject to forfeit and the property owner may be subject to enforcement action by EBMUD. d. Seller Buyer (check one) to receive refund of the deposit once Certificate of Compliance is obtained.

Appears in 1 contract

Samples: Purchase Agreement Addendum

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