Common use of Escrow Agent's Fees Clause in Contracts

Escrow Agent's Fees. The Company agrees to pay Escrow Agent’s usual and customary fees of $25.00 per month maintenance fee for performing its obligations under the Agreement that are not covered by income earned on escrowed funds pursuant to Section 3(c) hereof. An $18.00 per check fee will be charged if the escrow account has to be refunded due to failure to complete the subscription.

Appears in 3 contracts

Samples: Escrow Agreement (Atlantic Bancshares, Inc.), Escrow Agreement (Metro Bancshares, Inc.), Escrow Agreement (Atlantic Bancshares, Inc.)

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Escrow Agent's Fees. The Company agrees to pay Escrow Agent’s 's usual and customary fees of $25.00 per month maintenance fee for performing its obligations under the Agreement that are not covered by income earned on escrowed funds pursuant to Section 3(c) hereof. An $18.00 per check fee will be charged if the escrow account has to be refunded due to failure to complete the subscription.

Appears in 1 contract

Samples: Escrow Agreement (Hometown Community Bancshares, Inc.)

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