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Common use of Earned Interest Clause in Contracts

Earned Interest. All interest which accrues on the Escrow Amount shall be paid by Escrow Agent to Seller on the termination of this Escrow Agreement.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Mack Cali Realty Corp), Purchase and Sale Agreement (Mack Cali Realty Corp)

Related Clauses

  • Retained Interest
  • Assigned Interest
  • Scheduled Interest
  • Interest
  • Late Payment Interest

Parent Clauses

  • Representations and Responsibilities
  • Fiscal Administration
  • TRANSACTIONS ON AND AFTER CLOSING
  • Records Retention
  • Obligation ▇▇▇▇▇ and Special Intermediate Well

Sub-Clauses

  • Performance of Covenants by Escrow Agent
  • Accounting
  • General Covenants of Mongoose
  • Segregation of Proceeds
  • Escrow Agent's Remuneration, Expenses and Indemnification
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