Disbursements and Other Actions by Escrow Agent. On the Closing Date, Escrow Agent shall promptly undertake all of the following in the manner indicated in this Paragraph 14:
Disbursements and Other Actions by Escrow Agent. At the Closing, Escrow Agent shall promptly undertake all of the following as and to the extent reflected on the settlement statement executed by Seller at Closing:
(a) Disburse all funds deposited with Escrow Agent by Purchaser as follows:
(i) If, as a result of the prorations and credits pursuant to Section 7.2 above, amounts are to be charged to the account of Seller, deduct the total amount of such charges;
(ii) Deduct and pay to the appropriate third party all items chargeable to the account of Seller pursuant to Section 7.5 above;
(iii) Pay to the appropriate third party from funds deposited by Purchaser all items chargeable to the account of Purchaser pursuant to Section 7.5 above;
(iv) Disburse the balance of the funds due to Seller to or as directed by Seller; and
(v) Disburse any remaining funds to or as directed by Purchaser. All amounts and payees with respect to the items listed above shall be shown on settlement statements executed at the Closing.
(b) Cause the Special Warranty Deed (and any other item delivered to Escrow Agent and required to be recorded) to be recorded in the Office of the County Recorder where the Property is located (with the original recorded Warranty Deed to be delivered to Purchaser by Title Company together with the Title Policy);
(c) Cause the Ground Lease Assignment Agreement (or such other instrument necessary to evidence the assignment of Seller's interest to the Ground Lease) to be recorded in the Office of the County Recorder where the Atlanta Land is located.
(d) As soon after Closing as practically possible, to issue to Purchaser the Title Policy (including any endorsements issued in connection therewith);
(e) Deliver to Purchaser and Seller the other applicable fully-executed documents; and
(f) Take such other actions as Seller and Purchaser may deem necessary or convenient for the consummation of the Closing.
Disbursements and Other Actions by Escrow Agent. Upon the Closing, Escrow Agent shall promptly undertake all of the following in the following order and manner:
(a) Cause the Assignment of Ground Lease and Grant Deed and any other documents which the parties hereto may mutually direct to be recorded in the Official Records of San Francisco County, California in the order directed by the parties;
(b) Disburse to Seller from funds deposited by Purchaser with Escrow Agent towards payment of all items (including, without limitation, the Purchase Price) chargeable to the account of Purchaser;
(c) Deliver to Seller a fully executed original of the instruments described in clauses (c), (d), (e), (j), (k) and (l) of Section 4.2 above and clauses (c), (d) and (e) of Section 4.3 above and conformed copies of the Assignment of Ground Lease and Grant Deed;
(d) Deliver to Purchaser a fully executed original of the instruments described in clauses (c), (d), (e), (f), (h), (j), (k) and (l) of Section 4.2 above and conformed copies of the Assignment of Ground Lease and Grant Deed;
(e) Direct the Title Company to issue the Title Policy to Purchaser; and (f) File the Designation Agreement.
Disbursements and Other Actions by Escrow Agent. At the time of closing, in addition to making the adjustments in Section 12, the Escrow Agent shall do the following:
Disbursements and Other Actions by Escrow Agent. At the Closing, Escrow Agent shall promptly undertake all of the following as and to the extent reflected on the settlement statement executed by Seller at Closing:
Disbursements and Other Actions by Escrow Agent. Upon the Closing, Title Agent shall promptly undertake all of the following in the manner hereinbelow indicated:
Disbursements and Other Actions by Escrow Agent. At the Closing, Escrow Agent shall promptly undertake all of the following:
(a) Disburse all funds deposited with Escrow Agent by Purchaser as follows:
(i) Deduct and pay to the appropriate third party all items chargeable to the account of Sellers pursuant to Section 7.5;
(ii) Pay to the appropriate third party from additional funds deposited by Purchaser, if required, for all items chargeable to the account of Purchaser pursuant to Section 7.5;
(iii) Disburse the balance of the funds due to Sellers to or as directed by Sellers; and
(iv) Disburse any remaining funds to or as directed by Purchaser. All amounts and payees with respect to the items listed above shall be shown on settlement statements executed at the Closing.
(b) Issue to Purchaser the Title Policies (including any endorsements issued in connection therewith);
(c) Deliver to Purchaser and Sellers the other applicable fully-executed documents; and
(d) Take such other actions as Sellers and Purchaser may deem necessary or convenient for the consummation of the Closing.
Disbursements and Other Actions by Escrow Agent. Upon the Closing, Escrow Agent shall promptly undertake all of the following in the following order and manner:
(a) Cause the Deed and any other documents which the parties hereto may mutually direct to be recorded in the City of St. Louis Recorder’s Office in the order directed by the parties;
(b) Disburse to Seller from funds deposited by Buyer with Escrow Agent towards payment of all items (including, without limitation, the Purchase Price) chargeable to the account of Buyer;
(c) Deliver to Seller (i) a fully executed original of the instruments described in clauses (b), (c), and (d) of Section 4.2 above and clauses (c), (d) and (e) of Section 4.3 above, (ii) a copy of the instruments described in clauses (e), (g), (i) and (j) of Section 4.2 above, and (iii) a conformed copy of the Deed;
(d) Deliver to Buyer a fully executed original of the instruments described in clauses (b), (c), (d) (e), (f), (g), (i), (k) and (l) of Section 4.2 above, and a conformed copy of the Deed; and
(e) Direct the Title Company to issue the Title Policy to Buyer.
Disbursements and Other Actions by Escrow Agent. At the Close of Escrow, Escrow Agent will promptly undertake all of the following:
Disbursements and Other Actions by Escrow Agent. Upon the Closing, Escrow Agent shall promptly undertake all of the following in the following order and manner:
(a) Cause the Hotel Ground Lease Assignment, the Restaurant Ground Lease Assignment, the Assignment of Supplemental Agreement and the Assignment of Reciprocal Use Agreement and any other documents which the parties hereto may mutually direct to be recorded in the Bureau of Conveyances of the State of Hawaii and/or the Land Court of the State of Hawaii, as appropriate;
(b) Disburse to Seller from funds deposited by Purchaser with Escrow Agent towards payment of all items (including, without limitation, the Purchase Price) chargeable to the account of Purchaser;
(c) Deliver to Seller a fully executed original of the instruments described in clauses (a), (c), (d), (i), (j), (k) and (o) of Section 4.2 above and clauses (c), (d), (f) and (g) of Section 4.3 and a conformed copy of the documents to be recorded that are listed in Section 4.11(a) above;
(d) Deliver to Purchaser a fully executed original of the instruments described in clauses (a), (b), (c), (d), (e), (g), (i), (j) (k) and (o) of Section 4.2 above and a conformed copy of the documents to be recorded that are listed in Section 4.11(a) above;
(e) Direct the Title Company to issue the Title Policy to Purchaser; and
(f) File the Designation Agreement.
