Common use of Preliminary Closing Statement Clause in Contracts

Preliminary Closing Statement. At least three (3) Business Days prior to the Closing Date, Escrow Agent shall prepare and submit to each of Buyer and the Seller Parties preliminary Closing statements, showing the Parties’ respective amounts of Closing costs, the Deposit, the net credit due to the Seller Parties or Buyer under Section 2.5 and the net amount of funds required to be deposited by Buyer in order to effect Closing hereunder.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (First Potomac Realty Trust), Purchase and Sale Agreement (First Potomac Realty Trust)

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Preliminary Closing Statement. At least three (3) Business Days prior to the Closing Date, Escrow Agent shall prepare and submit to each of Buyer and the Seller Parties preliminary Closing statements, showing the Parties’ respective amounts of Closing costs, the Deposit, the net credit due to the Seller Parties or Buyer under Section 2.5 and the net amount of funds required to be deposited by Buyer in order to effect Closing hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (First Potomac Realty Trust)

Preliminary Closing Statement. At least three (3) Business Days two business days prior to the Last Closing Date, Escrow Agent shall prepare and submit to each of Buyer and the Seller Parties preliminary Closing statements, showing the Parties' respective amounts of Closing costs, the DepositDeposit balance (including interest earned to such date), the net credit due to the Seller Parties or Buyer under Section 2.5 and the net amount of funds required to be deposited by Buyer in order to effect Closing hereunder.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Escrow Instructions (Pelican Properties International Corp)

Preliminary Closing Statement. At least three (3) one Business Days Day prior to the Last Closing Date, Escrow Agent shall prepare and submit to each of Buyer and the Seller Parties preliminary Closing statements, showing the Parties' respective amounts of Closing costs, the DepositDeposit balance (including interest earned to such date), the net credit due to the Seller Parties or Buyer under Section 2.5 and the net amount of funds required to be deposited by Buyer in order to effect Closing hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Amerivest Properties Inc)

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Preliminary Closing Statement. At least three (3) one Business Days Day prior to the Closing Date, Escrow Agent shall prepare and submit to each of Buyer and the Seller Parties preliminary Closing statements, showing the Parties' respective amounts of Closing costs, the DepositDeposit balance (including interest earned to such date), the net credit due to the Seller Parties or Buyer under Section 2.5 3.3 and the net amount of funds required to be deposited by Buyer in order to effect Closing hereunder.

Appears in 1 contract

Samples: Option Agreement (Electronic Arts Inc)

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