Common use of Establishment of the Escrow Clause in Contracts

Establishment of the Escrow. An escrow for this transaction (“Escrow”) shall be established with Escrow Agent, and Escrow Agent shall be engaged to administer the Escrow. The Escrow shall continue in effect until the earlier of the date that (a) Buyer has purchased the Property or (b) this Agreement terminates.

Appears in 3 contracts

Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement

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Establishment of the Escrow. An escrow for this transaction (“"Escrow”") shall be established with Escrow Agent, and Escrow Agent shall be engaged to administer the Escrow. The Escrow shall continue in effect until the earlier of the date that (a) Buyer has purchased the Property or (b) this Agreement terminates.

Appears in 1 contract

Samples: Purchase Agreement

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