Pre-Closing Option definition
Examples of Pre-Closing Option in a sentence
If you elect to use the Pre-Closing Option, please submit your disbursement request to the OPWC at least 30 days prior to your scheduled closing date.
If electing the Pre-Closing Option, you must select a Title Insurance Company to serve as an escrow agent.
For those Recipients that elect to use the Pre-Closing Option, the grant recipient must select a Title Insurance Company to serve as an escrow agent.
This must be submitted with the Request to Proceed if the recipient elects to use the Pre-Closing Option.
A signed Appendix F must be submitted with the Request to Proceed if the recipient elects to use the Pre-Closing Option.
Each Pre-Closing Option shall be granted pursuant to a form of award agreement and with a vesting schedule and terms that are, in each case, the same as those the Company has historically used in the ordinary course of business.
Any such accelerated vesting that occurs in connection with the preceding sentence (the “Six-Month Acceleration”) will be applied pro-rata with respect to each Pre-Closing Option.