Common use of General Escrow Provisions Clause in Contracts

General Escrow Provisions. Buyer and Seller agree to open an escrow in accordance with this Agreement at First American Title Insurance Company, National Commercial Services, 00000 Xxx Xxxxxx Xxx., Suite 600, Irvine CA 92612 ("Escrow Agent"). The escrow shall be deemed open upon the delivery of a fully-executed copy of this Agreement to Escrow Agent (the “Opening of Escrow”). The “Close of Escrow” or “Closing” shall mean and refer to (i) Seller’s receipt of the Purchase Price and (ii) transfer and conveyance of the Real Property to Buyer by Grant Deed. This Agreement constitutes the joint escrow instructions of Buyer and Seller, and Escrow Agent to whom these instructions are delivered is hereby empowered to act under this Agreement. The parties hereto agree to do all acts reasonably necessary to close this escrow in the shortest possible time, but in no event later than June 30, 2017 (the “Outside Closing Date”). Seller shall, on or before the Closing, deliver to Escrow Agent a fully-executed and notarized original of the Grant Deed, in form reasonably approved by Buyer. Buyer agrees to deposit the Purchase Price and related escrow fees and charges, less applicable deposits if any, upon demand of Escrow Agent on the Closing Date. Buyer and Seller each agree to deposit with Escrow Agent any additional instruments and funds as may be reasonably necessary to complete this transaction.

General Escrow Provisions. Buyer Xxxxx and Seller agree to open an escrow in accordance with this Agreement at First American Commonwealth Land Title Insurance Company, 000 X. Xxxxxxxx Street (40th Floor), Los Angeles, CA 90017, Attn. Xxxxxx Xxxxx, National Commercial Services, 00000 Xxx Xxxxxx Xxx., Suite 600, Irvine CA 92612 Escrow Officer ("Escrow Agent")) no later than ten (10) days following the Effective Date. The escrow shall be deemed open upon the delivery of a fully-executed copy of this Agreement to Escrow Agent (the “Opening of Escrow”). The “Close of Escrow” or “Closing” shall mean and refer to (i) Seller’s receipt of the Purchase Price and (ii) transfer and conveyance of the Real Property to Buyer by Grant DeedXxxxx Xxxx. This Agreement constitutes the joint escrow instructions of Buyer Xxxxx and Seller, and Escrow Xxxxxx Agent to whom these instructions are delivered is hereby empowered to act under this Agreement. The parties hereto agree to do all acts reasonably necessary to close this escrow in the shortest possible time, but in no event later than June 30, 2017 six (6) months following the Effective Date (the “Outside Closing Date”). Seller shall, on or before the Closing, deliver to Escrow Agent a fully-executed and notarized original of the Grant Deed, in form reasonably approved by BuyerXxxxx. Buyer Xxxxx agrees to deposit the Purchase Price and related escrow fees and charges, less applicable deposits if any, upon demand of Escrow Agent on the Closing Date. Buyer and Seller each agree to deposit with Escrow Agent any additional instruments and funds as may be reasonably necessary to complete this transaction. The Deposit shall be delivered to Escrow by wire transfer within ten (10) days after opening escrow.

General Escrow Provisions. Buyer and Seller agree to open an escrow in accordance with this Agreement at First American Title Insurance Company, National Commercial Services, 00000 Xxx Xxxxxx Xxx., Suite 600, Irvine CA 92612 ("Escrow Agent"). The escrow shall be deemed open upon the delivery of a fully-executed copy of this Agreement to Escrow Agent (the “Opening of Escrow”). The “Close of Escrow” (or “Closing” ”) shall mean and refer to (i) Seller’s receipt of the Purchase Price and (ii) transfer and conveyance of the Real Property to Buyer by Grant Deed. This Agreement constitutes the joint escrow instructions of Buyer and Seller, and Escrow Agent to whom these instructions are delivered is hereby empowered to act under this Agreement. The parties hereto agree to do all acts reasonably necessary to close this escrow in the shortest possible time, but in no event later than June 30, 2017 twenty- one (21) days after Escrow Agent’s receipt of the Acceptance Notice (the “Outside Closing Date”). Seller shall, on or before the Closing, deliver to Escrow Agent a fully-executed and notarized original of the Grant Deed, in form reasonably approved by Buyer. Buyer agrees to deposit the Purchase Price and related escrow fees and charges, less applicable deposits if anydeposits, upon demand of Escrow Agent on the Closing Date. Buyer and Seller each agree to deposit with Escrow Agent any additional instruments and funds as may be reasonably necessary to complete this transaction.

General Escrow Provisions. Buyer and Seller agree to open an escrow in accordance with this Agreement at First American Title Insurance Company, National Commercial Services, 00000 Xxx Xxxxxx Xxx., Suite 600, Irvine CA 92612 ("Escrow Agent"). The escrow shall be deemed open upon the delivery of a fully-executed copy of this Agreement to Escrow Agent (the “Opening of Escrow”). The “Close of Escrow” or “Closing” shall mean and refer to (i) Seller’s receipt of the Purchase Price and (ii) transfer and conveyance of the Real Property to Buyer by Grant Deed. This Agreement constitutes the joint escrow instructions of Buyer and Seller, and Escrow Agent to whom these instructions are delivered is hereby empowered to act under this Agreement. The parties hereto agree to do all acts reasonably necessary to close this escrow in the shortest possible time, but in no event later than June 30two (2) days after the expiration of the Due Diligence Period, 2017 (the “Outside Closing Date”), provided, however, that the Outside Closing Date shall be extended as necessary to accommodate any corrective action (e.g., casualty) or notice period (e.g., condemnation) as provided in the Agreement. Seller shall, on or before the Closing, deliver to Escrow Agent a fully-executed and notarized original of the Grant Deed, in form reasonably approved by Buyer. Buyer agrees to deposit the Additional Deposit of the Purchase Price and related escrow fees and charges, less applicable deposits if any, upon demand of Escrow Agent on the Closing Date. Buyer and Seller each agree to deposit with Escrow Agent any additional instruments and funds as may be reasonably necessary to complete this transaction.

General Escrow Provisions. Buyer and Seller agree to open an escrow in accordance with this Agreement at First American Title Insurance Company, National Commercial Services, 00000 Xxx Xxxxxx Xxx., Suite 600, Irvine CA 92612 ("Escrow Agent"). The escrow shall be deemed open upon the delivery of a fully-executed copy of this Agreement to Escrow Agent (the “Opening of Escrow”). The “Close of Escrow” or “Closing” shall mean and refer to (i) Seller’s receipt of the Purchase Price and (ii) transfer and conveyance of the Real Property to Buyer by Grant DeedXxxxx Xxxx. This Agreement constitutes the joint escrow instructions of Buyer Xxxxx and Seller, and Escrow Xxxxxx Agent to whom these instructions are delivered is hereby empowered to act under this Agreement. The parties hereto agree to do all acts reasonably necessary to close this escrow in the shortest possible time, but in no event later than June 30two (2) days after the expiration of the Due Diligence Period, 2017 (the “Outside Closing Date”), provided, however, that the Outside Closing Date shall be no later than December 15, 2018 unless extended by no more than sixty (60) additional days by written agreement of the Buyer and Seller. The Outside Closing Date shall also be extended as necessary to accommodate any corrective action (e.g., casualty) or notice period (e.g., condemnation) as provided in the Agreement. Seller shall, on or before the Closing, deliver to Escrow Agent a fully-executed and notarized original of the Grant Deed, in form reasonably approved by BuyerXxxxx. Buyer Xxxxx agrees to deposit the Additional Deposit of the Purchase Price and related escrow fees and charges, less applicable deposits if any, upon demand of Escrow Agent on the Closing Date. Buyer and Seller each agree to deposit with Escrow Agent any additional instruments and funds as may be reasonably necessary to complete this transaction.

General Escrow Provisions. Buyer and Seller agree to open an escrow in accordance with this Agreement at First American Title Insurance Company, National Commercial Services, 00000 Xxx Xxxxxx Xxx., Suite 600, Irvine CA 92612 ("Escrow Agent"). The escrow shall be deemed open upon the delivery of a fully-executed copy of this Agreement to Escrow Agent (the “Opening of Escrow”). The “Close of Escrow” (or “Closing” ”) shall mean and refer to (i) Seller’s receipt of the Purchase Price and (ii) transfer and conveyance of the Real Property to Buyer by Grant DeedBuyer. This Agreement constitutes the joint escrow instructions of Buyer and Seller, and Escrow Agent to whom these instructions are delivered is hereby empowered to act under this Agreement. The parties hereto agree to do all acts reasonably necessary to close this escrow in the shortest possible timewithout unnecessary delay , but in no event later than June 30, 2017 85 days from the execution date hereof (the “Outside Closing Date”). Seller Buyer shall, on or before the Closing, deliver to Escrow Agent a fully-executed and notarized original copy of the Grant Deed, in form reasonably approved by Buyer. Buyer agrees to deposit the Purchase Price and related escrow fees and charges, less applicable deposits if any, charges upon demand of Escrow Agent on the Closing DateAgent. Buyer and Seller each agree to deposit with Escrow Agent any additional instruments and funds as may be reasonably necessary to complete this transaction.