The escrow agent ensures that all terms and conditions are met before releasing the funds or assets to the appropriate party. The following Basic Provisions form a part of this Amended and Restated Purchase and Sale Agreement and Joint Escrow Instructions (this "Restated Agreement").This PURCHASE AND SALE AGREEMENT AND ESCROW INSTRUCTIONS. An escrow company can represent both the buyer and seller in an effort to find a mutually beneficial agreement. The Purchaser wishes to acquire from the Sellers, and the Sellers wish to sell to the Purchaser, certain assets of the Sellers relating to the Business. On August 28, 2019, the City filed a quiet title action in the (City of Oakland v. Gladys Van Sander et al.