Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) shall be deemed opened (“Opening of Escrow”) on the date that Escrow Holder receives a copy of this Agreement fully executed by Buyer and Seller. Buyer and Seller shall use their best efforts to cause the Opening of Escrow to occur on or before five (5) business days after the Effective Date. Escrow Holder shall promptly notify Buyer and Seller in writing of the date of the Opening of Escrow. Buyer and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this Agreement; provided, however, that no such instruments shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality of the foregoing, no such instruments shall extinguish any obligations imposed by this Agreement or any other agreement between Seller and Buyer.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement
Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) shall be deemed opened (“Opening of Escrow”) on the date that Escrow Holder receives a copy of this Agreement fully executed by Buyer Seller and Sellerexecuted and attested by Buyer. Buyer and Seller shall use their best reasonable efforts to cause the Opening of Escrow to occur on or before as soon as possible, but not later than five (5) business days after the Effective Date. Escrow Holder shall promptly notify Buyer and Seller in writing of the date of the Opening of Escrow. Buyer and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow Escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this Agreement; provided, however, that no such instruments instrument shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments an instrument and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality of the foregoing, no such instruments shall extinguish any obligations imposed by this Agreement or any other agreement between Seller and Buyer.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement
Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) shall be deemed opened (“Opening of Escrow”) on the date that First American Title Company (“Escrow Holder Holder”) receives a copy of this Agreement fully executed by Buyer Seller and Sellerexecuted and attested by Buyer. Buyer and Seller shall use their best reasonable efforts to cause the Opening of Escrow to occur on or before as soon as possible, but not later than five (5) business days after the Effective Date. Escrow Holder shall promptly notify provide Buyer and Seller in writing of with notice confirming the date of the Opening of EscrowEscrow in writing. Buyer and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow Escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this Agreement; provided, however, that no such instruments instrument shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments any Escrow instrument and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality of the foregoing, no such instruments Escrow instrument shall extinguish any obligations imposed by this Agreement or any other agreement contract between Seller and Buyer.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement
Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) shall be deemed opened (“Opening of Escrow”) on the date that the title company holding and managing the Escrow Holder for Buyer and Seller (“Escrow Holder”) receives a copy of this Agreement fully executed by Seller and executed and attested by ▇▇▇▇▇. Further, Buyer and Sellershall deliver to Escrow a deposit of Five Thousand Dollars ($5,000.00) (“Buyer’s Deposit”) concurrently with the delivery of the signed Agreement. Should the Buyer not receive Design Review approval as described in Section 7(d)(ii), the Buyers Deposit shall be fully refundable. Buyer and Seller shall use their best reasonable efforts to cause the Opening of Escrow to occur on or before five ten (510) business days after the Effective Date. Escrow Holder shall promptly notify Buyer and Seller in writing of the date of the Opening of Escrow. Buyer and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow Escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this Agreement; provided, however, that no such instruments instrument shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments an instrument and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality of the foregoing, no such instruments instrument shall extinguish any obligations imposed by this Agreement or any other agreement contract between Seller and Buyer.
Appears in 1 contract
Sources: Real Property Purchase Agreement
Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) shall be deemed opened (“Opening of Escrow”) on the date that Escrow Holder receives a copy of this Agreement fully executed by Buyer ▇▇▇▇▇ and Seller. Buyer and Seller shall use their best efforts to cause the Opening of Escrow to occur on or before five (5) business days after the Effective Date. Escrow Holder shall promptly notify Buyer and Seller in writing of the date of the Opening of Escrow. Buyer and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this Agreement; provided, however, that no such instruments shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality of the foregoing, no such instruments shall extinguish any obligations imposed by this Agreement or any other agreement between Seller and Buyer.
Appears in 1 contract
Sources: Purchase and Sale Agreement
Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) shall be deemed opened (“Opening of Escrow”) on the date that Escrow Holder receives a copy of this Agreement fully executed by Seller and executed and attested by Buyer and Seller(“Opening of Escrow”). Buyer and Seller shall use their best reasonable efforts to cause the Opening of Escrow to occur on or before five (5) business days after the Effective Date. Escrow Holder shall promptly notify Buyer and Seller in writing of the date of the Opening of Escrow. Buyer and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow Escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this AgreementAgreement (“Escrow Instruments”); provided, however, that no such instruments instrument shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments an Escrow Instrument and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality of the foregoing, no such instruments Escrow Instrument shall extinguish any obligations imposed by this Agreement or any other agreement contract between Seller and Buyer.
Appears in 1 contract
Sources: Purchase and Sale Agreement
Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) Escrow shall be deemed opened (“Opening of Escrow”) on the date that Escrow Holder receives an original (or counterpart originals) and/or a copy (or counterpart copies) of this Agreement fully executed by Buyer and Seller. Buyer and Seller Each party shall use their best efforts deliver to cause Escrow Holder counterparts of the Opening of Escrow to occur on or before five signing party’s executed Agreement within two (52) business days after this Agreement is executed and delivered by the Effective Dateparties. Escrow Holder shall promptly notify Buyer and Seller in writing of the date of the Opening of Escrow. Buyer and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this Agreement; provided, however, that no such instruments shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality Escrow Holder shall comply with applicable laws, including any reporting requirements of the foregoingInternal Revenue Code, no such instruments shall extinguish any obligations imposed by this Agreement or any other agreement between Seller and Buyerin administering the Escrow.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)
Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) shall be deemed opened (“Opening of Escrow”) on the date that the title company holding and managing the Escrow Holder for Buyer and Seller (“Escrow Holder”) receives a copy of this Agreement fully executed by ▇▇▇▇▇▇ and executed and attested by ▇▇▇▇▇. . Further, Buyer and Sellershall deliver to Escrow a deposit of Five Thousand Dollars ($5,000.00) (“Buyer’s Deposit”) concurrently with the delivery of the signed Agreement. Should the Buyer not receive Design Review approval as described in Section 7(d)(ii), the Buyer’s Deposit shall be fully refundable. Buyer and Seller shall use their best reasonable efforts to cause the Opening of Escrow to occur on or before five the date ten (510) business days after the Effective Date. Escrow Holder shall promptly notify Buyer and Seller in writing of the date of the Opening of Escrow. Buyer and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow Escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this Agreement; provided, however, that no such instruments instrument shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments an instrument and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality of the foregoing, no such instruments instrument shall extinguish any obligations imposed by this Agreement or any other agreement contract between Seller and Buyer.
Appears in 1 contract
Sources: Real Property Purchase Agreement
Opening of Escrow. For the purposes of this Agreement, the escrow (“Escrow”) shall be deemed opened (“Opening of Escrow”) on the date that Escrow Holder receives a copy of this Agreement fully executed by Buyer ▇▇▇▇▇ and Seller. Buyer and Seller shall use their best efforts to cause the Opening of Escrow to occur on or before five (5) business days after the Effective Date. Escrow Holder shall promptly notify Buyer and Seller in writing of the date of the Opening of Escrow. Buyer ▇▇▇▇▇ and Seller agree to execute, deliver and be bound by any reasonable or customary supplemental escrow instructions or other instruments reasonably required by Escrow Holder to consummate the transaction contemplated by this Agreement; provided, however, that no such instruments shall be inconsistent or in conflict with, amend or supersede any portion of this Agreement. If there is any conflict or inconsistency between the terms of such instruments and the terms of this Agreement, then the terms of this Agreement shall control. Without limiting the generality of the foregoing, no such instruments shall extinguish any obligations imposed by this Agreement or any other agreement between Seller and Buyer.
Appears in 1 contract
Sources: Purchase and Sale Agreement