Common use of Escrow Agent’s Fee Clause in Contracts

Escrow Agent’s Fee. The Escrow Agent shall be entitled to be paid $2,000.00 as compensation for its services hereunder. The fee agreed upon for services rendered hereunder in intended as full compensation for the Escrow Agent’s services as contemplated by this Escrow Agreement; provided, however, that in the event that the conditions of this Escrow Agreement are not fulfilled, or the Escrow Agent renders any material service not contemplated in this Escrow Agreement, or there is any assignment of interest in the subject matter of this Escrow Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to or justifiably intervenes in any litigation pertaining to this Escrow Agreement, or the subject matter hereof, the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all cost and expenses, including reasonable attorney’s fees, occasioned by any delay, controversy, or litigation, and the same may be recoverable from the Company.

Appears in 1 contract

Sources: Escrow Agreement (Performance Home Buyers LLC)

Escrow Agent’s Fee. The fee of the Escrow Agent shall be entitled to be paid is $2,000.00 as compensation for its services hereunder1,500. The fee agreed upon for services rendered hereunder in is intended as full compensation for the Escrow Agent’s 's services as contemplated by this Escrow Agreement; provided, however, that in the event that the conditions of this Escrow Agreement are not fulfilled, or the Escrow Agent renders any material service not contemplated in this Escrow Agreement, or there is any assignment of interest in the subject matter of this Escrow Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to or justifiably intervenes in any litigation pertaining to this Escrow Agreement, or the subject matter hereof, the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all cost costs and expenses, including reasonable attorney’s attorneys' fees, occasioned by any delay, controversy, litigation or litigationevent, and the same may shall be recoverable from the CompanyCompany only.

Appears in 1 contract

Sources: Escrow Agreement (Highland Clan Creations Corp)

Escrow Agent’s Fee. The fee of the Escrow Agent shall be entitled to be paid is $2,000.00 as compensation for its services hereunder1,500. The fee agreed upon for or services rendered hereunder in is intended as full compensation for the Escrow Agent’s 's services as contemplated by this this, Escrow Agreement; provided, however, that in the event that the conditions of this Escrow Agreement are not fulfilled, or the Escrow Agent renders any material service not contemplated in this Escrow Agreement, or there is any assignment of interest in the subject matter of this Escrow Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to or justifiably intervenes in any litigation pertaining to this Escrow Agreement, or the subject matter hereof, the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all cost costs and expenses, including reasonable attorney’s attorneys' fees, occasioned by any delay, controversy, litigation or litigationevent, and the same may shall be recoverable from the CompanyCompany only. Further, escrow fee herein does not in any manner modify or reduce the $10,000 owed to C▇▇▇▇▇ ▇▇▇▇▇▇ for the preparation of the Form SB-2 registration statement.

Appears in 1 contract

Sources: Proceeds Escrow Agreement (Countryside Review Inc)