Other Payment. Notwithstanding anything contained in this Agreement, upon receipt of any written notice from Seller or Buyer claiming the Deposit pursuant to the provisions of this Agreement, Escrowee shall promptly forward a copy thereof to the other party and, unless such other party within ten (10) days thereafter notifies Escrowee of any objection to such request for the disbursement of the Deposit, Escrowee shall disburse the Deposit to the party demanding the same and Escrowee shall thereupon be released and discharged from any further duty or obligation under this Agreement.
Appears in 3 contracts
Sources: Sale Agreement (Beacon Properties Corp), Sale Agreement (Keystone Property Trust), Agreement of Sale (Keystone Property Trust)