Disbursements and Other Actions by Escrow Agent Clause Samples

Disbursements and Other Actions by Escrow Agent. Upon the Closing, Escrow Agent shall promptly undertake all of the following in the following order and manner: (a) Cause the Assignment of Ground Lease and Grant Deed and any other documents which the parties hereto may mutually direct to be recorded in the Official Records of San Francisco County, California in the order directed by the parties; (b) Disburse to Seller from funds deposited by Purchaser with Escrow Agent towards payment of all items (including, without limitation, the Purchase Price) chargeable to the account of Purchaser; (c) Deliver to Seller a fully executed original of the instruments described in clauses (c), (d), (e), (j), (k) and (l) of Section 4.2 above and clauses (c), (d) and (e) of Section 4.3 above and conformed copies of the Assignment of Ground Lease and Grant Deed; (d) Deliver to Purchaser a fully executed original of the instruments described in clauses (c), (d), (e), (f), (h), (j), (k) and (l) of Section 4.2 above and conformed copies of the Assignment of Ground Lease and Grant Deed; (e) Direct the Title Company to issue the Title Policy to Purchaser; and (f) File the Designation Agreement.

Disbursements and Other Actions by Escrow Agent. At the time of closing, in addition to making the adjustments in Section 12, the Escrow Agent shall do the following:

Disbursements and Other Actions by Escrow Agent. At the Closing, Escrow Agent shall promptly undertake all of the following as and to the extent reflected on the settlement statement executed by Seller at Closing: (a) Disburse all funds deposited with Escrow Agent by Purchaser as follows: (i) If, as a result of the prorations and credits pursuant to Section 7.2 above, amounts are to be charged to the account of Seller, deduct the total amount of such charges; (ii) Deduct and pay to the appropriate third party all items chargeable to the account of Seller pursuant to Section 7.5 above; (iii) Pay to the appropriate third party from funds deposited by Purchaser all items chargeable to the account of Purchaser pursuant to Section 7.5 above; (iv) Disburse the balance of the funds due to Seller to or as directed by Seller; and (v) Disburse any remaining funds to or as directed by Purchaser. All amounts and payees with respect to the items listed above shall be shown on settlement statements executed at the Closing. (b) Cause the Special Warranty Deed (and any other item delivered to Escrow Agent and required to be recorded) to be recorded in the Office of the County Recorder where the Property is located (with the original recorded Warranty Deed to be delivered to Purchaser by Title Company together with the Title Policy); (c) Cause the Ground Lease Assignment Agreement (or such other instrument necessary to evidence the assignment of Seller's interest to the Ground Lease) to be recorded in the Office of the County Recorder where the Atlanta Land is located. (d) As soon after Closing as practically possible, to issue to Purchaser the Title Policy (including any endorsements issued in connection therewith); (e) Deliver to Purchaser and Seller the other applicable fully-executed documents; and (f) Take such other actions as Seller and Purchaser may deem necessary or convenient for the consummation of the Closing.

Disbursements and Other Actions by Escrow Agent. At the Closing, Escrow Agent shall promptly undertake all of the following as and to the extent reflected on the settlement statement executed by Seller at Closing:

Disbursements and Other Actions by Escrow Agent. At the Close of Escrow, Escrow Agent will promptly undertake all of the following: (a) Disburse all funds deposited with Escrow Agent by ▇▇▇▇▇ as payment of the Purchase Price for the Property as follows: (i) deliver to Seller the Purchase Price, less the amount of all items, costs and prorations chargeable to the account of Seller; (ii) disburse the remaining balance of the funds deposited by Buyer to Buyer less any amounts chargeable to Buyer pursuant to a written closing statement executed by ▇▇▇▇▇. (b) Cause the Deed to be recorded in the Official Records, and obtain a conformed copy thereof for distribution to Buyer and Seller. (c) As soon as practical, cause the Title Company to issue to Buyer the Title Policy. (d) Deliver to Buyer each of the Certificates and any other documents (or copies thereof) deposited into Escrow by Seller. (e) Deliver to Seller any other documents (or copies thereof) deposited into Escrow by Buyer.

Disbursements and Other Actions by Escrow Agent. At the Close of Escrow, Escrow Agent will promptly undertake all of the following:

Disbursements and Other Actions by Escrow Agent. Upon the Closing, Escrow Agent shall promptly undertake all of the following in the following order and manner: (a) Cause the Deed and any other documents which the parties hereto may mutually direct to be recorded in the City of St. Louis Recorder’s Office in the order directed by the parties; (b) Disburse to Seller from funds deposited by Buyer with Escrow Agent towards payment of all items (including, without limitation, the Purchase Price) chargeable to the account of Buyer; (c) Deliver to Seller (i) a fully executed original of the instruments described in clauses (b), (c), and (d) of Section 4.2 above and clauses (c), (d) and (e) of Section 4.3 above, (ii) a copy of the instruments described in clauses (e), (g), (i) and (j) of Section 4.2 above, and (iii) a conformed copy of the Deed; (d) Deliver to Buyer a fully executed original of the instruments described in clauses (b), (c), (d) (e), (f), (g), (i), (k) and (l) of Section 4.2 above, and a conformed copy of the Deed; and (e) Direct the Title Company to issue the Title Policy to Buyer.

Disbursements and Other Actions by Escrow Agent. Upon the Closing, Escrow Agent shall promptly undertake all of the following: (i) Disburse all funds deposited with Escrow Agent by Purchaser as follows: (1) deduct all items chargeable to the account of Seller pursuant to the Preliminary Closing Statement; (2) disburse the balance of the Purchase Price and any additional amounts owed to Seller under this Agreement to Seller by wire transfer in accordance with instructions received from Seller; and (3) disburse the remaining balance of the funds, if any, to Purchaser. (ii) Cause the Entitlements Covenant, Supplemental Declaration, Grant Deed and any other documents which the parties hereto may mutually direct to be recorded (in the order provided herein) in the Official Records of Los Angeles County and obtain conformed copies thereof for distribution to Purchaser and Seller. (iii) Direct the Company to issue the Title Policy to Purchaser. (iv) Deliver an original of each of the documents described in Sections 17(a)(ii), 17(a)(iv), 17(a)(vi), 17(c)(i) and 17(c)(ii) and a conformed copy of the recorded Entitlements Covenant, Supplemental Declaration, Grant Deed, and all other documents recorded in connection with the transaction contemplated by this Agreement to Purchaser. (v) Deliver an original of each of the documents described in Sections 17(c)(i) and 17(c)(ii) and a conformed copy of the recorded Entitlements Covenant, Supplemental Declaration, Grant Deed and all other documents recorded in connection with the transaction contemplated by this Agreement to Seller.

Disbursements and Other Actions by Escrow Agent. Upon the Closing, Title Agent shall promptly undertake all of the following in the manner hereinbelow indicated: