Distribution of Funds and Documents. At the Close of Escrow, Escrow Holder shall do each of the following:
Distribution of Funds and Documents. At the Closing, Escrow Agent shall do each of the following:
Distribution of Funds and Documents. At the Closing, Escrow Agent shall do each of the following:
(a) Payment of Encumbrances. Pay the amount required to release any Deeds of Trust described in Section 3.9 in accordance with the demands approved by Seller, utilizing funds to which Seller shall be entitled upon Close of Escrow.
Distribution of Funds and Documents. 9.1 All cash received hereunder by Escrow Agent shall be, until the close of the escrow, kept on deposit with other escrow funds in Escrow Agent's general escrow account(s), in any state or national bank, and may be transferred to any other such general escrow account(s).
9.2 Escrow Agent shall deposit the Opening Cash Deposit into an interest bearing account at a financial institution reasonably acceptable to Buyer and Seller promptly after the receipt thereof. Interest earned on the Opening Cash Deposit shall be credited to the account of Buyer.
9.3 All disbursements by Escrow Agent shall be made by checks of Escrow Agent.
9.4 Escrow Agent will cause the County Recorder of Xxxxx County, Nevada to mail the Seller's Grant Deed after recordation, to Buyer.
9.5 Escrow Agent will, at the close of the escrow, deliver by United States mail (or will hold for personal pickup, if requested) each nonrecorded document received hereunder by Escrow Agent, to the payee or person (i) acquiring rights under said document or (ii) for whose benefit said document was acquired.
9.6 Escrow Agent will, at the close of the escrow, deliver by United States mail (or hold for personal pickup, if requested) (i) to Seller, or order, the cash, plus or minus any appropriate prorations or other charges, and (ii) to Buyer, or order, any excess funds theretofore delivered to Escrow Agent by Buyer.
9.7 Escrow Agent will, at the close of the escrow, deliver to Seller a copy of the Seller's Grant Deed (conformed to show recording data) and each document recorded to place title in the condition required by this Agreement.
Distribution of Funds and Documents. On the Closing Date, Escrow Agent shall:
Distribution of Funds and Documents. 12 10. Representations, Warranties and Covenants of Transferor . . . . . . . . . . . . . . 12 11. Representations and Warranties of the Partnership . . . . . . . . . . . . . . . . . 16 12. Parties' Obligation to Close . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 13.
Distribution of Funds and Documents. Unless this Agreement terminates as provided herein, all funds received by Escrow Holder shall be, until Close of Escrow, kept on deposit and invested in Approved Investments. Interest accruing to such account prior to the Close of Escrow shall be added to the Deposit. Interest accruing on all sums due Seller after the Close of Escrow shall be for the account of Seller. All disbursements by Escrow Holder to Seller shall be made by federal wire transfer in accordance with wiring instructions to be given by Seller prior to the Closing Date. Upon Close of Escrow:
(i) Escrow Holder shall disburse the Closing Payment and the Deposit to Seller.
(ii) Escrow Holder shall cause the recorded Deed to be delivered to Purchaser.
(iii) Escrow Holder shall deliver all other items deposited into Escrow to the party entitled thereto or benefited thereby.
Distribution of Funds and Documents. 9.1 All cash received hereunder by Escrow Agent shall be, until the close of Escrow, kept on deposit with other escrow funds in Escrow Agent's general escrow account(s), in any state or national bank, and may be transferred to any other such general escrow account(s).
9.2 Any interest payable with respect to cash deposited with Escrow Agent shall be for the account of the party that deposited the cash.
9.3 All disbursements by Escrow Agent shall be made by wire transfer.
9.4 Subject to the provisions of Section 8.3, Escrow Agent shall, at the Closing, pay from funds deposited with Escrow Agent by the Partnership pursuant to Section 6.3.1, the Existing Indebtedness which the Partnership does not elect to assume at the Closing.
Distribution of Funds and Documents. (a) All funds received by Escrow Holder under this paragraph 5.1 shall be, until Close of Escrow, invested in Approved Investments. Interest accruing to such account prior to the Close of Escrow shall be for the account of Buyer, and interest accruing on all sums due Seller after the Close of Escrow shall be for the account of Seller.
(b) Upon Close of Escrow, Escrow Holder shall disburse the Closing Payment and the Escrow Deposit to Seller.
(c) Escrow Holder shall cause the recorded Grant Deed to be delivered to Buyer.
Distribution of Funds and Documents. At the Close of Escrow, Escrow ----------------------------------- Agent shall do each of the following:
(a) Payment of Encumbrances. Pay the amount of those monetary liens ----------------------- described in Section 3.9 to the obligees thereof, in accordance with the demands approved by Seller, utilizing funds to which Seller shall be entitled upon Close of Escrow and funds (if any) deposited in Escrow by Seller.
