Common use of Upon the Closing Clause in Contracts

Upon the Closing. If the Closing of the transactions contemplated by the Purchase Agreement occurs, then upon receipt of written instructions from the Buyer and the Seller, the Escrow Agent shall (i) deliver the Escrowed Property to the Seller, and (b) deliver the Interest not previously distributed pursuant to Section 3(c), if any, to the Buyer.

Upon the Closing. If the Closing of the transactions contemplated by the Purchase Agreement occurs, then upon receipt of written instructions from the Buyer and the Seller, the Escrow Agent shall (i1) deliver the Escrowed Property Damages Escrow to the Seller, and (b2) deliver the Interest accrued on the Damages Escrow not previously distributed pursuant to Section 3(c3(d)(i), if any, to the Buyer.