Deliveries to Escrow. Prior to the Closing Date, each party shall timely deliver to Escrow all funds and documents required to complete the Closing under the terms of this Agreement, including, but not limited to, prorated amounts and other payments required under Sections 3.7 and 3.8. Failure by a party to make any such delivery shall constitute a material default by such party hereunder.
Deliveries to Escrow. Prior to the Close of Escrow, County and Buyer shall timely deliver to Escrow Agent the funds and documents required to cause the Close of Escrow. Without limiting the generality of the foregoing, County and Buyer shall deliver to Escrow Agent the following:
Deliveries to Escrow. Concurrent with the execution and delivery of this Agreement, M. Toibb shall deliver to Escrow Holder, evidence of ownership ox xxx xx the outstanding Membership Interests in Big Seven which shall be held by the Escrow Holder for delivery to BDE in accordance with the terms of this Agreement and that certain Escrow Agreement by and among BDE, Big Seven and M. Toibb dated of even date herewith and attached hereto as Exhibit X (xxx "ESCROW AGREEMENT") on a date one year from the date of this Agreement unless an earlier delivery is made in accordance with the terms of this Agreement and the Escrow Agreement, and BDE shall deliver to Escrow Holder a stock certificate of BDE, registered in the name of BDE, evidencing 6,666,667 treasury shares of Common Stock, par value $.001 per share, of BDE, accompanied by a stock assignment separate from certificate providing for the transfer of the treasury shares to M. Toibb, which treasury shares and stock assignment shall be held bx Xxxxxx Holder for delivery to M. Toibb in accordance with the terms of this Agreement and thx Xxxxxx Agreement (the "ESCROWED COMMON STOCK") (unless BDE elects, pursuant to the terms of the Escrow Agreement, to exchange all or part of the Common Stock for cash in the amount of Fifteen Cents ($0.15) per share (as adjusted for stock splits, reverse stock splits, etc.), in which event such cash shall be so delivered to M. Toibb in lieu of the substituted shares of Common Stock) on a xxxx xxx year from the date of this Agreement unless an earlier delivery is made in accordance with the terms of this Agreement and the Escrow Agreement. In the event that either of the deliveries to Escrow Holder, described in this Section 2 of this Agreement and the Escrow Agreement, is not timely made in the manner described herein and in the Escrow Agreement, this Agreement shall be terminated and be void AB INITIO and shall be of no force or effect and all other agreements which are contemplated by this Agreement, including but not limited to (i) the Non-Competition Agreement by and between BDE and M. Toibb dated of even date herewith and attached hereto as Exxxxxx X (the "NON-COMPETITION AGREEMENT"), and (ii) any releases or covenants not to sue or similar agreements such as the Mutual General Release by anx xmong BDE, Altnet, Detershan, Big Seven and M. Toibb dated of even date herewith and attached hereto as Exhibit X (xxx "MUTUAL GENERAL RELEASE"), shall be terminated automatically without any action require...
Deliveries to Escrow. Seller shall have delivered each of the items described in Section 5.1 prior to the Closing Date, and shall have performed all of its obligations under this PSA in accordance with the provisions hereof.
Deliveries to Escrow. Borrower and LBHI shall deliver or cause to be delivered to Escrow Holder to be held in escrow pending satisfaction of the conditions to closing provided herein, the following items at least one (1) Business Day prior to the Closing Date:
Deliveries to Escrow. Prior to the Closing Date, each party shall timely deliver to Escrow all funds and documents required to complete the Closing under the terms of this Exchange Agreement, including, but not limited to, prorated amounts and other payments required under this Exchange Agreement. Such documents to be deposited into Escrow shall include, but not be limited to Grant Deeds for the School District Property and the College District Property.
Deliveries to Escrow. At least two (2) business days prior to the close of the Escrow,
Deliveries to Escrow. Buyer and Coast hereby agree to deliver, or cause to be delivered, to Escrow Holder on or prior to the Close of Escrow the following instruments and documents, the delivery of which shall be a condition precedent to the Close of Escrow:
Deliveries to Escrow. At the Closing, Purchaser shall deliver or cause to be delivered to Escrow Agent Purchaser Stock equal to the Holdback Amount.
Deliveries to Escrow. Not less than two (2) Business Days prior to the Closing Date:
4.1 By FR. Parent shall cause FR to execute and deposit in escrow any documents required to transfer any interests of FR in the Real Property to FLV (the "FR Documents").
