Common use of Final Exchange Closing Date Clause in Contracts

Final Exchange Closing Date. On a Final Exchange Closing Date, the Title Company shall pay to the Seller an amount equal to the then remaining balance of the Exchange Property Credit, if any, less any payments, if any, then due and unpaid by the Seller to the Purchaser pursuant to this Agreement. Upon such payment, and upon payment of any other sums then due by any party to another party pursuant to this Agreement, such Exchange Contract shall be finally closed and no party shall have any further rights or obligations pursuant thereto, except as otherwise provided herein. Any excess balance in the escrow account then held by Escrow Agent shall be returned to Purchaser.

Final Exchange Closing Date. On a Final Exchange Closing Date, the --------------------------- Title Company shall pay to the Seller an amount equal to the then remaining balance of the Exchange Property Credit, if any, less any payments, if any, then due and unpaid by the Seller to the Purchaser pursuant to this Agreement. Upon such payment, and upon payment of any other sums then due by any party to another party pursuant to this Agreement, such Exchange Contract shall be finally closed and no party shall have any further rights or obligations pursuant thereto, except as otherwise provided herein. Any excess balance in the escrow account then held by Escrow Agent shall be returned to Purchaser.

Final Exchange Closing Date. On a Final Exchange Closing Date, --------------------------- the Title Company shall pay to the Seller an amount equal to the then remaining balance of the Exchange Property Credit, if any, less any payments, if any, then due and unpaid by the Seller to the Purchaser pursuant to this Agreement. Upon such payment, and upon payment of any other sums then due by any party to another party pursuant to this Agreement, such Exchange Contract shall be finally closed and no party shall have any further rights or obligations pursuant thereto, except as otherwise provided herein. Any excess balance in the escrow account then held by Escrow Agent shall be returned to Purchaser.