Creation of Escrow. Promptly following the Acceptance Date, an escrow (herein referred to as the “Escrow”) shall be created and established with the Title Company or other escrow company chosen by the parties (which Title Company, when acting in its escrow capacity, or other escrow company, shall be herein referred to as the “Escrow Agent”), for the closing of this transaction and for the receipt and delivery of funds, the deed and other documents and instruments to be delivered upon the terms and conditions of this Agreement.
Appears in 4 contracts
Samples: Ground Lease (Tesoro Logistics Lp), Ground Lease (Tesoro Logistics Lp), Right of First Refusal, Option Agreement and Agreement of Purchase and Sale (Tesoro Logistics Lp)
