Pre-Closing Costs. Xxxxx and Seller acknowledge that Closing Agent may incur certain costs while processing this transaction which must be paid prior to Closing. Closing Agent is authorized and instructed to release funds for payment of such costs prior to Closing from funds deposited into Escrow by Buyer. Such funds are not refundable and Closing Agent is released from any liability for payment of any such funds pre-released through the Escrow. Closing Agent is authorized to charge the appropriate party for costs incurred, or credit the appropriate party for credits, as applicable at Closing or upon termination of this Agreement.
Appears in 13 contracts
Samples: Purchase and Sale Agreement, Louisiana Residential Agreement, Purchase and Sale Agreement
Pre-Closing Costs. Xxxxx and Seller Xxxxxx acknowledge that Closing Agent may incur certain costs while expenses during the course of processing this transaction which must be paid prior to Closing. Closing Agent is hereby authorized and instructed to release funds for payment of such costs prior to Closing from funds deposited into Escrow by Buyer. Such The parties acknowledge that the funds are not refundable and Closing Agent is specifically released from any all responsibility and/or liability for payment of any such funds pre-released through the Escrow. Closing Agent is authorized to charge the appropriate party for costs incurred, incurred or credit the appropriate party for credits, as applicable either one if necessary at Closing or upon termination of this Agreement, as applicable.
Appears in 3 contracts
Samples: Louisiana Residential Agreement, Louisiana Residential Agreement, Purchase and Sale Agreement With Joint Closing Instructions
Pre-Closing Costs. Xxxxx and Seller acknowledge that Closing Agent may incur certain costs while processing this transaction which must be paid prior to Closing. Closing Agent is authorized and instructed to release funds for payment of such costs prior to Closing from funds deposited into Escrow by Buyer. Such funds are not refundable and Closing Agent is released from any liability for payment of any such funds pre-released through the Escrow. Closing Agent is authorized to charge the appropriate party for costs incurred, or credit the appropriate party for credits, as applicable at Closing or upon termination of this Agreement.. SAMPLE
Appears in 2 contracts
Samples: Louisiana Residential Agreement, Louisiana Residential Agreement
Pre-Closing Costs. Xxxxx and Seller Xxxxxx acknowledge that Closing Agent may incur certain costs while expenses during the course of processing this transaction which must be paid prior to Closing. Closing Agent is hereby authorized and instructed to release funds for payment of such costs prior to Closing from funds deposited into Escrow by Buyer. Such The parties acknowledge that the funds are not refundable refundable, and Closing Agent is specifically released from any all responsibility and/or liability for payment of any such funds pre-released through the Escrow. Closing Agent is authorized to charge the appropriate party for costs incurred, incurred or credit the appropriate party for credits, as applicable either one if necessary at Closing or upon termination of this Agreement, as applicable.
Appears in 1 contract
Samples: Purchase and Sale Agreement With Joint Closing Instructions
Pre-Closing Costs. Xxxxx and Seller Xxxxxx acknowledge that Closing Agent may incur certain costs while expenses during the course of processing this transaction which must be paid prior to Closing. Closing Agent is hereby authorized and instructed to release funds for payment of such costs prior to Closing from funds deposited into Escrow by Buyer. Such The parties acknowledge that the funds are not refundable and Closing Agent is specifically released from any all responsibility and/or liability for payment of any such funds pre-released through the Escrow. Closing Agent is authorized to charge the appropriate party for costs incurred, incurred or credit the appropriate party for creditseither one if necessary, as applicable at Closing or upon termination of this Agreement, as applicable.
Appears in 1 contract
Samples: Purchase and Sale Agreement