Common use of Conditions Precedent to Close of Escrow Clause in Contracts

Conditions Precedent to Close of Escrow. Seller's obligation to convey the Property and Buyer's obligation to purchase the Property are subject to the satisfaction (or written waiver by the benefitting Party) of the following conditions precedent: (a) Escrow has not been canceled and/or this Agreement has not been terminated pursuant to Sections 2.4, 2.9 or 3.2; (b) Title Insurer is prepared to issue the policy of title insurance described in Section 2.13.

Conditions Precedent to Close of Escrow. Seller's obligation to convey the Property and Buyer's obligation to purchase the Property are subject to the satisfaction (or written waiver by the benefitting Party) of the following conditions precedent: (a) Escrow has not been canceled and/or this Agreement has not been terminated pursuant to Sections 2.43.4, 2.9 3.9 or 3.24.2; (b) Title Insurer is prepared to issue the policy of title insurance described in Section 2.133.13.