Escrow Opening Date definition
Examples of Escrow Opening Date in a sentence
Escrow Holder shall, immediately upon its receipt of the Deposit and executed Agreement, execute and deliver to Buyer and Seller the Consent and Acceptance of Escrow Holder attached to this Agreement, which Consent and Acceptance of Escrow Holder shall specify the date of such receipt (the "Escrow Opening Date").
Seller shall seek such approval immediately after the Escrow Opening Date.
The undersigned acknowledges having received an executed original of this Agreement (or counterparts thereof) and the Deposit on January 26, 1999, which date is the "Escrow Opening Date" for purposes of this Agreement.
On the Escrow Opening Date, Buyer will wire the Deposit to the Title Company.
Escrow Agent is hereby instructed to enter the Escrow Opening Date on the first page of this Agreement and return a copy to both Seller and Purchaser.
Within twenty (20) days from the Escrow Opening Date, the Title Company shall deliver a current Commitment for Title Insurance or a Preliminary Title Report ("Title Report") on the Properties from Title Company to both Purchaser and Seller.
Either party may deliver a fully signed copy of this Agreement to Title Agent, and this Escrow shall be deemed open on the date ("Escrow Opening Date") when Title Agent has received a copy or copies of this Agreement signed by both parties and the standard terms and conditions of escrow, if any, that Title Agent may require signed by both parties.
The "Escrow Opening Date" shall be the date on which the Aggregate Earnest Money Deposit, ▇▇▇▇▇▇▇r with a fully executed copy or counterpart copies of the Purchase Agreement are receipted for by the Escrow Agent in accordance with the terms of this Agreement.
Within five (5) business days after the Escrow Opening Date, Seller shall provide from the Title Company a preliminary title report, issued by the Title Company and dated as of a date within fifteen (15) days of the Escrow Opening Date, pertaining to the Property (the “Preliminary Title Report”), together with complete and legible copies of all documents relating to the title exceptions referred to in such Preliminary Title Report (the “Underlying Documents”).
If CSU does not timely deliver to Escrow Agent the ▇▇▇▇▇▇▇ Money Deposit in Immediately Available Funds, then the City shall have the unilateral right to terminate this Agreement by delivering written notice of termination to CSU and Escrow Agent within ten (10) Business Days after the Escrow Opening Date.