Common use of Written Instructions of Parties Clause in Contracts

Written Instructions of Parties. Notwithstanding any contrary provision contained herein, Escrow Agent shall, at all times, have full right and authority and the duty and obligation to pay over and disburse the principal and interest of the Escrow Fund in accordance with the joint written instructions signed by Seller and Purchaser.

Appears in 4 contracts

Samples: Purchase and Sale Contract (Consolidated Capital Institutional Properties 2), Purchase and Sale Contract (Johnstown Consolidated Income Partners), Purchase and Sale Contract (Investors First Staged Equity L P)

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Written Instructions of Parties. Notwithstanding any contrary provision contained herein, Escrow Agent shall, at all times, have full right and authority and the duty and obligation to pay over and disburse the principal and interest of the Escrow Fund and Quitclaim Deed in accordance with the joint written instructions signed by Seller and Purchaser.

Appears in 3 contracts

Samples: Purchase and Sale Contract (Century Properties Fund Xx), Purchase and Sale Contract (Drexel Burnham Lambert Real Estate Associates), Purchase and Sale Contract (Drexel Burnham Lambert Real Estate Associates Ii)

Written Instructions of Parties. Notwithstanding any contrary provision contained herein, Escrow Agent shall, at all times, have full right and authority and the duty and obligation to pay over and disburse the principal and interest of the Escrow Fund AND Quitclaim Deed in accordance with the joint written instructions signed by Seller and Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Contract (Century Pension Income Fund Xxiii)

Written Instructions of Parties. Notwithstanding any contrary ------------------------------- provision contained herein, Escrow Agent shall, at all times, have full right and authority and the duty and obligation to pay over and disburse the principal money, instruments and interest of the Escrow Fund property in accordance with the joint written instructions signed by Seller Century, Borrower and PurchaserCCC and their assigns.

Appears in 1 contract

Samples: Settlement and Release Agreement (Capitol Communities Corp)

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Written Instructions of Parties. Notwithstanding any contrary provision contained herein, Escrow Agent shall, at all times, have full right and authority and the duty and obligation to pay over and disburse the principal and interest of the Escrow Fund Deposit or any portion thereof in accordance with the joint written instructions signed by Seller POPLP, TIAA/SP and PurchaserCPPIB.

Appears in 1 contract

Samples: Omnibus Contribution and Partial Interest Assignment Agreement (Parkway, Inc.)

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