Acceptance of Escrow. Escrow Agent hereby agrees to perform the obligations of Escrow Agent under the terms of this Contract. Escrow Agent has executed this Contract to evidence its acceptance of the terms of the escrow created hereby; provided, however, notwithstanding anything to the contrary contained herein, Escrow Agent shall not be a required party or signatory to any modification of the terms of this Contract unless such modification directly affects the obligations of Escrow Agent hereunder. Escrow Agent shall be given fully executed copies of all modifications of this Contract to which it is not a party promptly after execution thereof by Purchaser and Seller.
Appears in 4 contracts
Samples: Contract to Purchase and Sell Property (Angeles Partners X), Purchase and Sell Property and Escrow Agreement (National Property Investors 6), Purchase and Sell Property and Escrow Agreement (National Property Investors 5)
