Common use of Actions by Escrow Agent Clause in Contracts

Actions by Escrow Agent. Provided that Escrow Agent has not received written notice from Purchaser or Seller on or before the Closing Date of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement, when Purchaser and Seller have deposited into Escrow the Purchaser’s Escrow Deposits, the Seller’s Escrow Deposits, and funds required by this Agreement, Escrow Agent shall, in the order and manner indicated below, take the following actions:

Actions by Escrow Agent. Provided that Escrow Agent has shall not have received written notice from Purchaser Buyer or Seller on or before the Closing Date of the failure of any condition to the Closing or of the termination of the Escrow and this AgreementAgreement in accordance with the terms hereof, when Purchaser Buyer and Seller have deposited into Escrow the Purchaser’s Escrow Deposits, the Seller’s Escrow Deposits, documents and funds required by this Agreementhereby, Escrow Agent shall, in the order and manner indicated belowherein below indicated, take the following actions:

Actions by Escrow Agent. Provided that Escrow Agent has not received written notice from Purchaser Buyer or Seller on or before the Closing Date of the failure of any condition to the Closing or of the termination of the Escrow and this Agreement pursuant to the terms of this Agreement, when Purchaser Buyer and Seller have deposited into Escrow the Purchaser’s Escrow Deposits, the Seller’s Escrow Deposits, documents and funds required by this AgreementAgreement and Title Insurer is irrevocably and unconditionally prepared and committed to issue the Owner’s Title Policy in accordance with the terms hereof, Escrow Agent shall, in the order and manner indicated belowherein below indicated, take the following actions: