Escrow Holder Authorization. Escrow Holder is authorized to, and shall: 7.1 Fees, Charges and Costs Borne by Successor Agency. Successor Agency shall bear and Escrow Holder shall discharge on Successor Agency’s behalf out of the sums payable to Successor Agency hereunder all costs and expenses associated with the Owner’s Policy as set out in Section 4, one-half of Escrow Holder’s fee and any additional costs and charges customarily charged to sellers in accordance with common escrow practices in Orange County.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement