Escrow Holder Sample Clauses

Escrow Holder. Seller and Buyer covenant and agree that in performing any of its duties under this Agreement, Title Company shall not be liable for any loss, costs or damage which it may incur as a result of serving as Escrow Holder hereunder, except for any loss, costs or damage arising out of its willful default or gross negligence. Accordingly, Title Company shall not incur any liability with respect to (i) any action taken or omitted to be taken in good faith upon advice of its counsel given with respect to any questions relating to its duties and responsibilities, or (ii) to any action taken or omitted to be taken in reliance upon any document, including any written notice of instruction provided for in this Agreement, not only as to its due execution and the validity and effectiveness of its provisions, but also to the truth and accuracy of any information contained therein, which Title Company shall in good faith believe to be genuine, to have been signed or presented by a proper person or persons and to conform with the provisions of this Agreement.
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Escrow Holder. At the Close of Escrow, Escrow Holder will promptly undertake all of the following: (a) Cause the Grant Deed (with documentary transfer tax information to be affixed AFTER recording) to be recorded with the County Recorder and obtain conformed copies thereof for distribution to Buyer and Seller. (b) Direct the Title Company to issue the Title Policy to Buyer within 15 BUSINESS DAYS after Closing. (c) Deliver to Buyer the FIRPTA Certificate, the Form 590 and any other documents (or copies thereof) deposited into Escrow by Seller. Deliver to Seller any other documents (or copies thereof) deposited into Escrow by Buyer. (d) Notify the Transfer Agent by telephone and facsimile that the Close of Escrow has occurred.
Escrow Holder. Each stock certificate representing issued and outstanding Unvested Shares shall be held in escrow by the Escrow Holder, together with a stock assignment executed in blank by the Optionee with respect to the Unvested Shares represented by such stock certificate. Each stock certificate representing Unvested Shares shall be held in escrow pursuant to this Section 8 until all of such Unvested Shares become fully vested pursuant to, and in accordance with, the provisions of Section 6 or Section 7 hereof or until all of such Unvested Shares are repurchased by the Company pursuant to, and in accordance with, the provisions of Section 7 hereof, whichever occurs earlier.
Escrow Holder. The Closing shall occur through the Escrow opened at the Escrow Holder named in Section 1.4. Escrow Holder is designated, authorized and instructed to act as Escrow Holder pursuant to the terms of this Agreement.
Escrow Holder. Xxxxxx and Xxxxx authorize Escrow Holder and Landmark to receive, deposit and hold funds and other property in escrow, and subject to collection, disburse them in accordance with the terms of this Agreement or another agreement entered into among the Seller, Buyer, Escrow Holder and Landmark. The parties agree that neither Escrow Holder nor Landmark will be liable to any person for misdelivery of escrowed items to Seller or Buyer, unless the misdelivery is due to Escrow Holder's or Landmark's willful breach or gross negligence. Neither Escrow Holder nor Landmark shall have a duty or obligation to place the Deposit into an interest-bearing escrow. No interest that shall accrue on the deposit, if any, shall be due or payable to either party upon disbursement and may be retained by Escrow Holder and/or Landmark as part of the consideration paid for its services hereunder. If there is a dispute regarding the disbursement or disposition of the Deposit or the interest earned on the Deposit, or if Escrow Holder or Landmark shall receive conflicting written demands or instructions with respect to the Deposit, then Escrow Holder or Landmark shall withhold such disbursement or disposition until notified by Buyer and Seller that such dispute is resolved or Escrow Holder or Landmark may file a suit of interpleader, and the cost and expense of filing such interpleader action shall be divided equally between Seller and Buyer in the state or cognizant federal courts in the county in which the Property is located. Neither Escrow Holder nor Landmark shall be liable for any damage, liability or loss arising out of or in connection with the services rendered by Escrow Holder or Landmark pursuant to this Agreement unless the same results from the negligence, gross negligence, or willful misconduct of Escrow Holder or Landmark.
Escrow Holder. The Xxxxxxx Money shall be delivered to Chicago Title Insurance Company, Two Gateway Center, 19th Floor, 603 Stanwix Street, Pittsburgh, Pennsylvania 15222- 1402, with the individual contact being Xxxxxxx Xxxxxxxxxx at (000) 000-0000 and xxxxxxxxxxx@xxx.xxx ("Escrow Holder"). Escrow Holder shall deposit and hold the Xxxxxxx Money in Escrow Holder's escrow account which is a non-interest bearing account at an FDIC insured financial institution.
Escrow Holder. The escrow holder shall be Commonwealth Land Title Insurance Company (“Escrow Holder”), whose address is 0000 Xxxxxxx Xxxxx Xxxxx, Xxxxx 000, Xxxxxxx Xxxxx, Xxxxxxxxxx 00000, Escrow Officer: Xxx Xxxxx; Telephone: (000) 000-0000; Telecopier: (000) 000-0000.
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Escrow Holder. 13 13.2 By Transfer Agent . . . . . . . . . . . . . . . . . . . . . . . . . 13 13.3 Possession. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Escrow Holder. The escrow holder shall be Chicago Title Company ("ESCROW HOLDER"), whose address is 00000 Xxx Xxxxxx, Irvine, California 92606, Escrow Officer: Xxx Xxxxx; Telephone: (000) 000-0000; Telecopier: (949) 263-0356.
Escrow Holder. Pepperdine University Real Estate Operations 24255 Pacific Coast Hwy. Malibu, CA 00000 (000) 000-0000 Telephone (000) 000-0000 Facsimile Outside Escrow Company (See Paragraph 2.4)
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