Common use of Disburse Funds Clause in Contracts

Disburse Funds. Escrow Holder shall credit all matters addressed in Paragraphs 3 and 10 and prorate all matters addressed in Paragraph 11 based upon the Proration and Expense Schedule and disburse the balance of the Purchase Price to Seller promptly upon the Close of Escrow and remaining funds, if any, to Buyer.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Armstrong Flooring, Inc.), Agreement of Purchase and Sale (Mannkind Corp), Agreement of Purchase and Sale (Kilroy Realty Corp)

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Disburse Funds. Escrow Holder shall credit all matters addressed stated to be credited in Paragraphs 3 and 10 and prorate all matters addressed in Paragraph 11 based upon the Proration and Expense Schedule and disburse the balance of the Purchase Price (together with all other items payable to Seller) to Seller promptly upon the Close of Escrow and remaining funds, if any, to Buyer.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (STAMPS.COM Inc), Agreement of Purchase and Sale and Joint Escrow Instructions (Shopoff Properties Trust, Inc.)

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Disburse Funds. Escrow Holder shall credit all matters addressed in Paragraphs 3 2 and 10 9 and prorate all matters addressed in Paragraph 11 10 based upon the Proration and Expense Schedule and disburse the balance of the Purchase Price to Seller promptly upon the Close of Escrow and remaining funds, if any, to Buyer.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions

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