Common use of Compensation to Escrow Bank Clause in Contracts

Compensation to Escrow Bank. The District shall pay the Escrow Bank full compensation for its duties under this Escrow Agreement, including out-of-pocket costs such as publication costs, prepayment or redemption expenses, legal fees and other costs and expenses relating hereto. Under no circumstances shall amounts deposited in the Escrow Fund be deemed to be available for said purposes.

Appears in 5 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

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Compensation to Escrow Bank. The District shall pay or shall cause the Authority to pay to the Escrow Bank full compensation for its duties under this Escrow Agreement, including out-of-pocket costs such as publication costs, prepayment or redemption expenses, legal fees and other costs and expenses relating hereto. Under no circumstances Without limitation on the foregoing, the Escrow Bank shall not be entitled to any lien or right of set-off on amounts deposited on deposit in the Escrow Fund be deemed to be available for said purposespayment of its compensation under this Agreement.

Appears in 2 contracts

Samples: Escrow Deposit and Trust Agreement, Fiscal Agent Agreement

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Compensation to Escrow Bank. The District Town shall pay the Escrow Bank full compensation for its duties under this Escrow Agreement, including out-of-pocket costs such as publication costs, prepayment or redemption expenses, legal fees and other costs and expenses relating hereto. Under no circumstances shall amounts deposited in the Escrow Fund be deemed to be available for said purposes.

Appears in 1 contract

Samples: Escrow Agreement

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