Common use of Escrow Disbursement Clause in Contracts

Escrow Disbursement. Bedford and Owner authorize Escrow Holder, after expiration of the ten day periods in Paragraphs 6 and 7 above without objection from another party hereto, to act and rely upon the Request and the instructions of Bedford and Owner.

Appears in 1 contract

Sources: Purchase Agreement (Bedford Property Investors Inc/Md)

Escrow Disbursement. Bedford and Owner authorize Escrow Holder, after expiration of the ten three business day periods in Paragraphs 6 and 7 above without objection from another party hereto, to act and rely upon the Request and the instructions of Bedford and Owner.

Appears in 1 contract

Sources: Purchase Agreement (Bedford Property Investors Inc/Md)