Common use of Escrow Deposit Clause in Contracts

Escrow Deposit. Concurrently with the execution and delivery of this Agreement, the Holder will deliver the sum of ____________________ Dollars ($_____________) (the "Escrow Deposit") in lawful money of the United States of America by wire transfer of immediately available funds to Escrow Agent, to be held by Escrow Agent in escrow on the terms and conditions hereinafter provided. Escrow Agent hereby acknowledges receipt of the Escrow Deposit.

Appears in 10 contracts

Samples: Market Agent Agreement (Merrill Lynch Depositor Inc Preferredplus Trust Series CCR-1), Market Agent Agreement (Merrill Lynch Depositor Inc Preferredplus Trust Series Nai-1), Market Agent Agreement (Merrill Lynch Depositor Inc Preferredplus Trust Series BLS-1)

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