Distribution of Funds and Documents Following Close of Escrow. Following Close of Escrow, Escrow Holder shall distribute the documents as follows: To Seller: (a) The cash portion of the Purchase Price as set forth in Section 2.2, less costs, offsets and prorations in accordance with the provisions of this Agreement; (b) One (1) fully executed duplicate original of the Xxxx of Sale; (c) One (1) fully executed duplicate original of the Assignment of Intangibles; (d) One (1) fully executed duplicate original of the Assignment of Contracts; (e) One (1) fully executed duplicate original of the Assignment of Ground Lease; (f) One (1) duplicate original or conformed copy as appropriate, of any other document to be received by Seller through Escrow pursuant to the provisions of this Agreement; and (g) One (1) copy of any other document delivered to Escrow Holder by Purchaser or Seller pursuant to the terms of this Agreement. To Purchaser: (a) Any excess funds deposited by Purchaser which remain after disbursement to Seller; (b) One (1) conformed copy of the Deed, the original to be mailed to Purchaser following the recordation thereof; (c) One (1) duplicate original of the Xxxx of Sale; (d) One (1) duplicate original of the Assignment of Intangibles; (e) One (1) duplicate original of the Assignment of Contracts; (f) One (1) duplicate original of the Assignment of Ground Lease; (g) One (1) duplicate original or conformed copy as appropriate, of any other document to be received by Purchaser through Escrow pursuant to the provisions of this Agreement; (h) One (1) copy of any other document delivered to Escrow Holder by Purchaser or Seller pursuant to the terms of this Agreement; and (i) The original of the Title Policy.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust)
Distribution of Funds and Documents Following Close of Escrow. Following Close of Escrow, Escrow Holder shall distribute the documents as follows: To Seller:
(a) The cash portion of the Purchase Price as set forth in Section 2.2, less costs, offsets and prorations in accordance with the provisions of this Agreement;
(b) One (1) fully executed duplicate original of the Xxxx of Sale;
(c) One (1) fully executed duplicate original of the Assignment of Intangibles;
(d) One (1) fully executed duplicate original of the Assignment of Contracts;
(e) One (1) fully executed duplicate original of the Assignment of Ground Lease;
(f) One (1) duplicate original or conformed copy as appropriate, of any other document to be received by Seller through Escrow pursuant to the provisions of this Agreement; and
(gf) One (1) copy of any other document delivered to Escrow Holder by Purchaser or Seller pursuant to the terms of this Agreement. To Purchaser:
(a) Any excess funds deposited by Purchaser which remain after disbursement to Seller;
(b) One (1) conformed copy of the Deed, the original to be mailed to Purchaser following the recordation thereof;
(c) One (1) duplicate original of the Xxxx of Sale;
(d) One (1) duplicate original of the Assignment of Intangibles;
(e) One (1) duplicate original of the Assignment of Contracts;
(f) One (1) duplicate original of the Assignment of Ground Lease;
(g) One (1) duplicate original or conformed copy as appropriate, of any other document to be received by Purchaser through Escrow pursuant to the provisions of this Agreement;
(hg) One (1) copy of any other document delivered to Escrow Holder by Purchaser or Seller pursuant to the terms of this Agreement; and
(ih) The original of the Title Policy.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust)
Distribution of Funds and Documents Following Close of Escrow. Following Close of Escrow, Escrow Holder shall distribute the documents as follows: To Seller:
(a) The cash portion of the Purchase Price as set forth in Section 2.2, less costs, offsets and prorations in accordance with the provisions of this Agreement;
(b) One (1) fully executed duplicate original of the Xxxx of Sale;
(c) One (1) fully executed duplicate original of the Assignment of Intangibles;
(d) One (1) fully executed duplicate original of the Assignment of Contracts;
(e) One (1) fully executed duplicate original of the Assignment of Ground Lease;
(f) One (1) duplicate original or conformed copy as appropriate, of any other document to be received by Seller through Escrow pursuant to the provisions of this Agreement; and
(gc) One (1) copy of any other document delivered to Escrow Holder by Purchaser or Seller pursuant to the terms of this Agreement. To Purchaser:
(a) Any excess funds deposited by Purchaser which remain after disbursement to Seller;
(b) One (1) conformed copy of the Deed, the original to be mailed to Purchaser following the recordation thereof;
(c) One (1) duplicate original of the Xxxx of Sale;
(d) One (1) duplicate original of the Assignment of Intangibles;
(e) One (1) duplicate original of the Assignment of Contracts;
(f) One (1) duplicate original of the Assignment of Ground Lease;
(g) One (1) duplicate original or conformed copy as appropriate, of any other document to be received by Purchaser through Escrow pursuant to the provisions of this Agreement;
(hd) One (1) copy of any other document delivered to Escrow Holder by Purchaser or Seller pursuant to the terms of this Agreement; and
(ie) The original of the Title Policy.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust)
Distribution of Funds and Documents Following Close of Escrow. Following Close of Escrow, Escrow Holder shall distribute the documents as follows: To Seller:
(a) The cash portion of the Purchase Price as set forth in Section 2.2, less costs, offsets and prorations in accordance with the provisions of this Agreement;
(b) One (1) fully executed duplicate original of the Xxxx Bill of Sale;
(c) One (1) fully executed duplicate original of the Assignment of Intangibles;
(d) One (1) fully executed duplicate original of the Assignment of Contracts;
(e) One (1) fully executed duplicate original of the Assignment of Ground LeaseTenant Leases;
(f) A copy of the Title Policy issued to Purchaser;
(g) One (1) duplicate original or conformed copy as appropriate, of any other document to be received by Seller through Escrow pursuant to the provisions of this Agreement; and
(gh) One (1) copy of any other document delivered to Escrow Holder by Purchaser or Seller pursuant to the terms of this Agreement. To Purchaser:
(a) Any excess funds deposited by Purchaser which remain after disbursement to Seller;
(b) One (1) conformed copy of the Grant Deed, the original to be mailed to Purchaser following the recordation thereof;
(c) One (1) duplicate original of the Xxxx Bill of Sale;
(d) One (1) duplicate original of the Assignment Xxxxgnment of Intangibles;
(e) One (1) duplicate original of the Assignment of Contracts;
(f) One (1) duplicate original of the Assignment of Ground LeaseTenant Leases;
(g) One (1) duplicate original or conformed copy as appropriate, of any other document to be received by Purchaser through Escrow pursuant to the provisions of this Agreement;
(h) One (1) copy of any other document delivered to Escrow Holder by Purchaser or Seller pursuant to the terms of this Agreement; and
(i) The original of the Title Policy.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Ashford Hospitality Trust Inc)