Common use of Preclosing and Settlement Clause in Contracts

Preclosing and Settlement. Not later than close of business of Escrow Agent on the Preclosing and Settlement Deadline: X. Xxxxx and Seller shall have duly executed and delivered to each other or to escrow all the documents listed in the Escrow Instructions or otherwise required or contemplated by this Agreement. B. Taxes and assessments shall have been prorated and settlement statements shall have been prepared and approved by the parties. C. Seller shall have delivered all documents or agreements required by the title insurer to insure title and title insurer shall be irrevocably committed to issue or cause to be issued the title insurance required herein.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Preclosing and Settlement. Not later than close of business of Escrow Agent on the Preclosing and Settlement Deadline: X. Xxxxx A. Buyer and Seller shall have duly executed and delivered to each other or to escrow all the documents listed in the Escrow Instructions or otherwise required or contemplated by this Agreement. B. Taxes and assessments shall have been prorated and settlement statements shall have been prepared and approved by the parties. C. Seller shall have delivered all documents or agreements required by the title insurer Escrow to insure title and title insurer Escrow Agent shall be irrevocably committed to issue or cause to be issued the title insurance required herein.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

Preclosing and Settlement. Not later than close of business of Escrow Agent on the Preclosing and Settlement Deadline: X. Xxxxx A. Buyer and Seller shall have duly executed and delivered to each other or to escrow all the documents listed in the Escrow Instructions or otherwise required or contemplated by this Agreement. B. Taxes and assessments shall have been prorated and settlement statements shall have been prepared and approved by the parties. C. Seller shall have delivered all documents or agreements required by the title insurer to insure title and title insurer shall be irrevocably committed to issue or cause to be issued the title insurance required herein.

Appears in 1 contract

Samples: Disposition and Development Agreement

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Preclosing and Settlement. Not later than close of business of Escrow Agent on the Preclosing and Settlement Deadline: X. Xxxxx and Seller shall have duly executed and delivered to each other or to escrow all the documents listed in the Escrow Instructions or otherwise required or contemplated by this Agreement. B. Taxes and assessments shall have been prorated and settlement statements shall have been prepared and approved by the parties. C. Seller shall have delivered all documents or agreements required by the title insurer Escrow to insure title and title insurer Escrow Agent shall be irrevocably committed to issue or cause to be issued the title insurance required herein.

Appears in 1 contract

Samples: Disposition and Development Agreement

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