Common use of JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER Clause in Contracts

JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER. A. The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow instructions of Buyer and Seller to Escrow Holder, which Escrow Holder is to use along with any related counter offers and addenda, and any additional mutual instructions to close the escrow: 1, 2, 4, 14, 15B, 16, 17, 18E, 23, 24, 29, 30, 31, 33, 35, 38A, 39 and paragraph D of the section titled Real Estate Brokers on page 9. If a copy of the separate compensation agreement(s) provided for in paragraph 35 or 38A, or paragraph D of the section titled Real Estate Brokers on page 9 is deposited with Escrow Holder by Broker, Escrow Holder shall accept such agreement(s) and pay out from Buyer’s or Seller’s funds, or both, as applicable, the specified paragraphs are additional matters for the information of Escrow Holder, but about which Escrow Holder need not be concerned. Buyer and Seller will receive Escrow Holder’s general provisions direction from Escrow Holder and will execute such provisions upon Xxxxxx Holder’s request. To the extent the general provisions are inconsistent or conflict with this Agreement, the general provisions will control as to the duties and obligations of Escrow Holder only. Xxxxx and Xxxxxx will execute additional instructions, documents and forms provided by Escrow Holder that are reasonably necessary to close the escrow. B. A Copy of this Agreement shall be delivered to Escrow Holder within 3 business days after Acceptance (or £ _________). Xxxxx and Seller authorize Escrow Holder to accept and rely on Copies and Signatures as defined in this Agreement as originals, to open escrow and for other purposes of escrow. The validity of this Agreement as between Buyer and Seller is not affected by whether or when Escrow Holder Signs this Agreement. X. Xxxxxxx are a party to the Escrow for the sole purpose of compensation pursuant to paragraphs 35, 38A and paragraph D of the section titled Real Estate Brokers on page 9. Buyer and Seller irrevocably assign to Brokers compensation specified in 35 and 38A, respectively, and irrevocably instruct Escrow Holder to disburse those funds to Brokers at Close Of Escrow, or pursuant to any other mutually executed cancellation agreement. Compensation instructions can be amended or revoked only with the written consent of Brokers. Escrow Holder shall immediately notify Brokers (i) if Buyer’s initial or any additional deposit is not made pursuant to this Agreement, or is not good at time of deposit with Escrow Holder; or (ii) if Buyer and Seller instruct Escrow Holder to cancel Escrow. D. A Copy of any amendment that affects any paragraph of this Agreement for which Escrow Holder is responsible shall be delivered to Escrow Holder within 2 business days after mutual execution of the amendment.

Appears in 2 contracts

Samples: Purchase Agreement (Castle Arch Real Estate Investment Company, LLC), Real Estate Purchase Agreement (Castle Arch Real Estate Investment Company, LLC)

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JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER. A. The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow instructions of Buyer and Seller to Escrow Holder, which Escrow Holder is to use along with any related counter offers and addenda, and any additional mutual instructions to close the escrow: 1, 2, 4, 14, 15B5, 16, 17, 18E, 23, 2417E, 29, 30, 31, 33, 35, 38A36 -F, 39 37, 40, 42, 45A, 46 and paragraph D of the section titled Real Estate Brokers on page 910. If a copy Copy of the separate compensation agreement(s) provided for in paragraph 35 42 or 38A45A, or paragraph D of the section titled Real Estate Brokers on page 9 10 is deposited with Escrow Holder by Broker, Escrow Holder shall accept such agreement(s) and pay out from Buyer’s 's or Seller’s 's funds, or both, as applicable, the Broker's compensation provided for in such agreement(s). The terms and conditions of this Agreement not set forth in the specified paragraphs are additional matters for the information of Escrow Holder, but about which Escrow Holder need not be concerned. Buyer and Seller will receive Escrow Holder’s 's general provisions direction directly from Escrow Holder and will execute such provisions upon Xxxxxx Escrow Holder’s 's request. To the extent the general provisions are inconsistent or conflict with this Agreement, the general provisions will control as to the duties and obligations of Escrow Holder only. Xxxxx Buyer and Xxxxxx Seller will execute additional instructions, documents and forms provided by Escrow Holder that are reasonably necessary to close the escrow. B. A Copy of this Agreement shall be delivered to Escrow Holder within 3 business days after Acceptance (or £ _________[ ] ). Xxxxx Buyer and Seller authorize Escrow Holder to accept and rely on Copies and Signatures as defined in this Agreement as originals, to open escrow and for other purposes of escrow. The validity of this Agreement as between Buyer and Seller is not affected by whether or when Escrow Holder Signs this Agreement. X. Xxxxxxx C. Brokers are a party to the Escrow for the sole purpose of compensation pursuant to paragraphs 3542, 38A 45A and paragraph D of the section titled Real Estate Brokers on page 910. Buyer and Seller irrevocably assign to Brokers compensation specified in 35 paragraphs 42 and 38A45A, respectively, and irrevocably instruct Escrow Holder to disburse those funds to Brokers at Close Of Escrow, Escrow or pursuant to any other mutually executed cancellation agreement. Compensation instructions can be amended or revoked only with the written consent of Brokers. Escrow Holder shall immediately notify Brokers Brokers: (i) if Buyer’s 's initial or any additional deposit is not made pursuant to this Agreement, or is not good at time of deposit with Escrow Holder; or (ii) if Buyer and Seller instruct Escrow Holder to cancel Escrowescrow. D. A Copy of any amendment that affects any paragraph of this Agreement for which Escrow Holder is responsible shall be delivered to Escrow Holder within 2 business days after mutual execution of the amendment.

Appears in 1 contract

Samples: Commercial Property Purchase Agreement (Tri Valley Corp)

JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER. A. a) The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow instructions of Buyer and Seller to Escrow Holder, which . Which Escrow Holder is to use use, along with any related relating counter offers and addenda, arid addenda and any additional mutual instructions instructions, to close the escrow: 1, 2, 4, 14, 15B, 16, 17, 18E, 23, 24, 29, 30, 31, 33, 35, 38A, 39 transaction. The terms and paragraph D conditions of the section titled Real Estate Brokers on page 9. If a copy of the separate compensation agreement(s) provided for Agreement not set forth in paragraph 35 or 38A, or paragraph D of the section titled Real Estate Brokers on page 9 is deposited with Escrow Holder by Broker, Escrow Holder shall accept such agreement(s) and pay out from Buyer’s or Seller’s funds, or both, as applicable, the specified paragraphs are additional matters for the information Information of Escrow Holder, but about which Escrow Holder need not be concerned. Buyer and Seller will receive Escrow Holder’s 's general provisions direction directly from Escrow Holder and will execute such provisions upon Xxxxxx Escrow Holder’s 's request. To the extent the general provisions are inconsistent or conflict with this Agreement, . the general provisions will control as to the duties and obligations of Escrow Holder only. Xxxxx Buyer and Xxxxxx Seller will execute additional instructions, documents and forms reasonably necessary to compete this transaction if provided by Escrow Holder that are reasonably necessary to close the escrowHolder. B. b) A Copy copy of this Agreement shall be delivered to Escrow Holder within 3 5 business days after Acceptance (or £ _________)Days After Acceptance. Xxxxx Escrow will be deemed open when Escrow Holder bas signed an acknowledgment of receipt of a Copy; of this accepted Agreement. Buyer and Seller authorize Escrow Holder to accept and rely on Copies and Signatures as defined in this Agreement Agreement, as originals, to open escrow and for other purposes of escrow. The validity of this Agreement as is between Buyer and Seller is not affected by whether or when Escrow Holder Signs this the Agreement. X. Xxxxxxx are a party to the Escrow for the sole purpose of compensation pursuant to paragraphs 35, 38A and paragraph D of the section titled Real Estate Brokers on page 9. Buyer and Seller irrevocably assign to Brokers compensation specified in 35 and 38A, respectively, and irrevocably instruct Escrow Holder to disburse those funds to Brokers at Close Of Escrow, or pursuant to any other mutually executed cancellation agreement. Compensation instructions can be amended or revoked only with the written consent of Brokers. Escrow Holder shall immediately notify Brokers (i) if Buyer’s initial or any additional deposit is not made pursuant to this Agreement, or is not good at time of deposit with Escrow Holder; or (ii) if Buyer and Seller instruct Escrow Holder to cancel Escrow. D. A Copy of any amendment that affects any paragraph of this Agreement for which Escrow Holder is responsible shall be delivered to Escrow Holder within 2 business days after mutual execution of the amendment.

Appears in 1 contract

Samples: Purchase Agreement (Sports Arenas Inc)

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JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER. A. The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow instructions of Buyer and Seller to Escrow Holder, which Escrow Holder is to use along with any related counter offers and addenda, and any additional mutual instructions to close the escrow: 1, 2, 4, 14, 15B5, 16, 17, 18E, 23, 2417E, 29, 30, 3135 368-F, 3337, 3540, 38A42, 39 45A, 46 and paragraph D of the section titled Real Estate Brokers Broker on page 910. If a copy Copy of the separate compensation agreement(s) provided for in paragraph 35 42 or 38A45A, or paragraph D of the section titled Real Estate Brokers Broker on page 9 10 is deposited with Escrow Holder by Broker, . Escrow Holder shall accept such agreement(s) and pay out from Buyer’s or Seller’s funds, or both, as applicable, the Broker’s compensation provided for in such agreement(s). The terms and conditions of this Agreement not set forth in the specified paragraphs are additional matters for the information of Escrow Holder, but about which Escrow Holder need not be concerned. Buyer and Seller will receive Escrow Holder’s general provisions direction directly from Escrow Holder and will execute such provisions upon Xxxxxx Escrow Holder’s request. To the extent the general provisions are inconsistent or conflict with this Agreement, the general provisions will control as to the duties and obligations of Escrow Holder only. Xxxxx Buyer and Xxxxxx Seller will execute additional instructions, documents and forms provided by Escrow Holder that are reasonably necessary to close the escrow. B. A Copy of this Agreement shall be delivered to Escrow Holder within 3 business days after Acceptance (or £ _________o ). Xxxxx Buyer and Seller authorize Escrow Holder to accept and rely on Copies and Signatures as defined in this Agreement as originals, to open escrow and for other purposes of escrow. The validity of this Agreement as between Buyer and Seller is not affected by whether or when Escrow Holder Signs this Agreement. X. Xxxxxxx C. Brokers are a party to the Escrow for the sole purpose of compensation pursuant to paragraphs 3542, 38A 45A and paragraph D of the section titled Real Estate Brokers Broker on page 910. Buyer and Seller irrevocably assign to Brokers compensation specified in 35 paragraphs 42 and 38A, 45A. respectively, and irrevocably instruct Escrow Holder to disburse those funds to Brokers at Close Of Escrow, or pursuant to any other mutually executed cancellation agreement. Compensation instructions can be amended or revoked only with the written consent of Brokers. Escrow Holder shall immediately notify Brokers Brokers: (i) if Buyer’s initial or any additional deposit is not made pursuant to this Agreement, or is not good at time of deposit with Escrow Holder; or (ii) if Buyer and Seller instruct Escrow Holder to cancel Escrowescrow. D. A Copy of any amendment that affects any paragraph of this Agreement for which Escrow Holder is responsible shall be delivered to Escrow Holder within 2 business days after mutual execution of the amendment.

Appears in 1 contract

Samples: Commercial Property Purchase Agreement (Coast Bancorp/Ca)

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