Common use of Duties of Escrow Holder Clause in Contracts

Duties of Escrow Holder. The duties of Escrow Holder shall be as follows: (i) retain and safely keep all funds, documents and instruments deposited with it pursuant to this Agreement; (ii) upon the Closing, deliver to the parties entitled thereto all funds, documents and instruments to be delivered through Escrow pursuant to this Agreement; (iii) upon the Closing, cause the recordation of each Deed in the Office of the County Recorder of the County in which the applicable Property is located; (iv) comply with the terms of this Agreement which specifically apply to Escrow Holder and comply with the terms of any additional instructions jointly executed by Buyer and Seller; (v) handle the Deposit and all other funds deposited with it according to the terms of this Agreement; and (vi) upon the Closing, cause the Title Company to issue each Title Policy to Buyer.

Duties of Escrow Holder. The duties of Escrow Holder shall be as follows: (i) retain and safely keep all funds, documents and instruments deposited with it pursuant to this Agreement; (ii) upon the Closing, deliver to the parties entitled thereto all funds, documents and instruments to be delivered through Escrow pursuant to this Agreement; (iii) upon the Closing, cause the recordation of each the Deed in the Office of the County Recorder of the County in which the applicable Property is located; (iv) comply with the terms of this Agreement which specifically apply to Escrow Holder and comply with the terms of any additional instructions jointly executed by Buyer and Seller; (v) handle the Deposit and all other funds deposited with it according to the terms of this Agreement; and (vi) upon the Closing, cause the Title Company to issue each the Title Policy to Buyer.