Common use of Opening of Escrow Clause in Contracts

Opening of Escrow. Escrow shall be deemed open when not less than four (4) originals of this Agreement and each Related Agreement, fully signed by all parties hereto or thereto either together or in counterparts, are delivered to Escrow Holder (the “Opening of Escrow”), which shall occur within one (1) business day after execution of this Agreement by Buyer and Seller and each Related Purchase Agreement by the Parties thereto. Escrow Holder shall immediately notify Buyer, Seller and their respective attorneys in writing of the official date of the Opening of Escrow.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Emeritus Corp\wa\), Purchase and Sale Agreement (Emeritus Corp\wa\), Purchase and Sale Agreement (Emeritus Corp\wa\)

AutoNDA by SimpleDocs

Opening of Escrow. Escrow shall be deemed open when not less than four (4) originals of this Agreement and each Related Agreement, fully signed by all parties hereto or thereto either together or in counterparts, are delivered to Escrow Holder (the “Opening of Escrow”), which shall occur within one (1) business day after execution of this Agreement by Buyer and Seller Sellers and each Related Purchase Agreement by the Parties thereto. Escrow Holder shall immediately notify Buyer, Seller Sellers and their respective attorneys in writing of the official date of the Opening of Escrow.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Emeritus Corp\wa\), Purchase and Sale Agreement (Emeritus Corp\wa\), Purchase and Sale Agreement (Emeritus Corp\wa\)

Opening of Escrow. Escrow shall be deemed open when not less than four (4) originals of this Agreement and each Related Agreement, fully signed by all parties hereto or thereto either together or in counterparts, are delivered to Escrow Holder (the “Opening of Escrow”), which shall occur within one two (12) business day days after execution of this Agreement by Buyer and Seller and each Related Purchase Agreement by the Parties theretoSeller. Escrow Holder shall immediately notify Buyer, Seller and their respective attorneys in writing of the official date of the Opening of Escrow.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Emeritus Corp\wa\)

AutoNDA by SimpleDocs

Opening of Escrow. Escrow shall be deemed open when not less than four (4) originals of this Agreement and each Related Agreement, fully signed by all parties hereto or thereto either together or in counterparts, are delivered to Escrow Holder (the “Opening of Escrow”), which shall occur within one two (12) business day days after execution of this Agreement by Buyer Buyers and Seller and each Related Purchase Agreement by the Parties theretoSellers. Escrow Holder shall immediately notify BuyerBuyers, Seller Sellers and their respective attorneys in writing of the official date of the Opening of Escrow.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Assisted Living Concepts Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!