Common use of Deposit and Escrow Clause in Contracts

Deposit and Escrow. 1.4.1 Within three (3) Business Days of the Effective Date, Buyer shall deliver to Escrow Agent at the following address: 000 X. Xxxxxxxx, Suite 400, Los Angeles, California 90017, Attn: Xxxxx Xxxxxxxx, Telephone: (000) 000-0000, E-mail: xxxxxxxxxx@xxxxxxx.xxx, with confirmation provided to Seller, a deposit in the amount of Three Hundred Thousand and No/100 Dollars ($300,000.00) (together with any interest thereon, the “Deposit”). The Deposit shall be held in an insured, interest-bearing account with interest accruing for the benefit of Buyer. The Escrow Agent may conclusively rely upon and act in accordance with any certificate, instructions, notice, letter, e-mail, facsimile, or other written instrument believed to be genuine and signed or communicated by the proper and required party or parties.

Deposit and Escrow. 1.4.1 Within three (3) Business Days of after the Effective Date, Buyer shall deliver to Escrow Agent at the following address: 000 X. Xxxxxxxx, Suite 400, Los Angeles, California 90017, Attn: Xxxxx Xxxxxxxx, Telephone: (000) 000-0000, E-mail: xxxxxxxxxx@xxxxxxx.xxx, with confirmation provided to Seller, a deposit in the amount of Three One Hundred Fifty Thousand and No/100 Dollars ($300,000.00150,000.00) (together with any interest thereon, the “Deposit”). The Deposit shall be held in an insured, interest-bearing account with interest accruing for the benefit of Buyer. The Escrow Agent may conclusively rely upon and act in accordance with any certificate, instructions, notice, letter, e-mail, facsimile, or other written instrument believed to be genuine and signed or communicated by the proper and required party or parties.

Deposit and Escrow. 1.4.1 Within three (3) Business Days of after the Effective Date, Buyer shall deliver to Escrow Agent at the following address: 000 X. XxxxxxxxXxxxx Xxxxxxxx Xxxxxx, Suite 4004th Floor, Los Angeles, California CA 90017, Attn: Xxxxx Xxxxxxxx, Telephone: (000) 000-0000, E-mail: xxxxxxxxxx@xxxxxxx.xxx, with confirmation provided to Sellerxxxxxxxxx@xxxxxxx.xxx, a deposit in the amount of Three Two Hundred Fifty Thousand and No/100 Dollars ($300,000.00250,000.00) (together with any interest thereon, the “Deposit”). The Deposit shall be held in an insured, interest-bearing account with interest accruing for the benefit of Buyer. The Escrow Agent may conclusively rely upon and act in accordance with any certificate, instructions, notice, letter, e-mail, facsimile, or other written instrument believed to be genuine and signed or communicated by the proper and required party or parties.

Deposit and Escrow. 1.4.1 1.3.1 Within three (3) Business Days of the Effective Date, Buyer shall deliver to Escrow Agent at the following address: 000 X. XxxxxxxxXxxxx Xxxxxxxx Xxxxxx, Suite 400, Los Angeles, California 90017, Attnattention: Xxxxx Xxxxxxxx, Telephonetelephone: (000) 000-0000, Efacsimile: (000) 000-0000, e-mail: xxxxxxxxxx@xxxxxxx.xxx, with confirmation provided to Seller, a deposit in the amount of Three Two Hundred Thousand and No/100 Dollars ($300,000.00200,000.00) (together with any interest thereon, the “Deposit”). The Deposit shall be held in an insured, interest-bearing account with interest accruing for the benefit of Buyer. The Escrow Agent may conclusively rely upon and act in accordance with any certificate, instructions, notice, letter, e-mail, facsimile, or other written instrument believed to be genuine and signed or communicated by the proper and required party or parties.