Earnest Money Escrow Agreement definition

Earnest Money Escrow Agreement means the escrow agreement between Seller, Purchaser and Escrow Agent.
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Earnest Money Escrow Agreement has the xxxxxxx assigned to that term in Section 3.1(a) of this Agreement.
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Earnest Money Escrow Agreement xxxxx have the meaning set forth in Xxxxxxx 1.07.
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Examples of Earnest Money Escrow Agreement in a sentence

  • Purchaser will execute two (2) copies of this Agreement and three (3) copies of the Earnest Money Escrow Agreement axx xxxxard them to Seller for execution, accompanied with the Earnest Money, if any, payable tx xxx Xscrow Agent set forth in the Earnest Money Escrow Agreement.

  • Sellers shall have received the amounts set forth (i) in Section 1.06(b) pursuant to the terms of the Earnest Money Escrow Agreement and (ii) in Section 1.06(c), and txx Xxxxow Agent shall have received the amounts set forth in Sections 1.06(d) and (e).

  • Accordingly, in such event, Sellers shall be entitled to the sum of $500,000 as liquidated damages, payable solely and exclusively through the Earnest Money Escrow Agreement.

  • Concurrently herewith: (i) Seller, Buyer’s Affiliate and a duly authorized representative of the Chicago Office of Escrowee shall execute the Earnest Money Escrow Agreement, in the form attached hereto as Exhibit B, and (ii) Buyer shall deposit or cause to be deposited the Earnest Money with the Escrowee.

  • The Earnest Money shall be invested as Seller and Buyer’s Affiliate, as agent for Buyer, shall jointly direct in accordance with the Earnest Money Escrow Agreement.

  • Within three (3) business days after the Effective Date, Purchaser shall deposit with the Title Company $100,000.00 of the Deposit to be held pursuant to the terms of the Earnest Money Escrow Agreement set forth on attached and incorporated Exxxxxx "D".

  • Accordingly, in such event, Seller shall be entitled to the sum of $180,000 as liquidated damages, payable solely and exclusively through the Earnest Money Escrow Agreement.

  • Within three (3) business days after the expiration or Purchaser's earlier waiver of the Inspection Period, Purchaser will deposit the remaining $100,000.00 of the Deposit with the Title Company under the terms of the Earnest Money Escrow Agreement thereby increasing the total deposits to $000,000.00.

  • Prior xx xxx xxxxxxxxx xxx xxxivery of this Earnest Money Escrow Agreement ("ESCROW AGREEMENT"), Seller and Purchasxx xxxxuted and delivered a certain Agreement of Sale with an "Effective Date" of February ___, 2005 ("SALE AGREEMENT").

  • Escrow Agreements" shall mean the Earnest Money Escrow Agreement and the Indemnity Escrow Agreement.


More Definitions of Earnest Money Escrow Agreement

Earnest Money Escrow Agreement means the Earnest Money Escrow Agreement entered into as of the date hereof among Buyer, the Sellers and the Escrow Agent.
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Related to Earnest Money Escrow Agreement

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company and the Escrow Agent pursuant to which the Purchasers, shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Escrow Cash is defined in Section 4.1(a).

  • Indemnity Escrow Amount means $5,000,000.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Escrow Property has the meaning set forth in the Escrow Agreement.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Escrow means any transaction in which any escrow property is delivered with or without transfer of legal or equitable title, or both, and irrespective of whether a debtor-creditor relationship is created, to a person not otherwise having any right, title or interest therein in connection with the sale, transfer, encumbrance or lease of real or personal property, to be delivered or redelivered by that person upon the contingent happening or non-happening of a specified event or performance or nonperformance of a prescribed act, when it is then to be delivered by such person to a grantee, grantor, promisee, promisor, obligee, obligor, bailee or bailor, or any designated agent or employee of any of them. Escrow includes subdivision trusts and account servicing.

  • Escrow Agent means the entity designated to serve as escrow agent under the Escrow Agreement.

  • Escrowed Payment means an aggregate cash payment of up to $250,000;