Payments from the Escrow Fund. (A) At the Closing, upon written request of the Buyer and the Borough, the Escrow Agent shall pay in full to the Borough in immediately available funds all such amounts in the Escrow Fund. The Buyer and Borough agree that such amount shall be credited against the Purchase Price in favor of the Buyer at the Closing.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement, Agreement of Sale, Assignment and Assumption Agreement
Payments from the Escrow Fund. (A) At the Closing, upon written request of the Buyer and the BoroughTownship, the Escrow Agent shall pay in full to the Borough Township in immediately available funds all such amounts in the Escrow Fund. The Buyer and Borough Township agree that such amount shall be credited against the Purchase Price in favor of the Buyer at the Closing.
Appears in 1 contract
Samples: Assignment and Assumption Agreement
