Common use of Escrow Clause in Contracts

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent.

Appears in 60 contracts

Samples: Residential Condominium Purchase Agreement, Equal Housing Opportunity, New Home Contract

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Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent’s collection of good funds acceptable to escrow agent.

Appears in 37 contracts

Samples: www.trec.texas.gov, formspal.com, www.trec.texas.gov

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial [financial] institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent’s collection of good funds acceptable to escrow agent.

Appears in 9 contracts

Samples: www.trec.texas.gov, www.trec.texas.gov, www.trec.texas.gov

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent's collection of good funds acceptable to escrow agent.

Appears in 5 contracts

Samples: realtyevestwl.blob.core.windows.net, auctioneersoftware.s3.amazonaws.com, auctioneersoftware.s3.amazonaws.com

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance nonpe rformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of o f any xxxxxxx money caused by the failure of any financial institution in which wh ich the xxxxxxx money has been deposited dep osited unless the financial institution is acting as escrow agent.

Appears in 2 contracts

Samples: Farm and Ranch Contract, Equal Housing Opportunity

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent.. B.

Appears in 2 contracts

Samples: Purchase Agreement (Residential Capital, LLC), demo.bullformstexas.com

Escrow. The escrow agent is not (( i) a party to this contract and does not have liability liabilit y for the performance perform ance or nonperformance nonperform ance of any party to this contract, (( ii) liable for interest on the xxxxxxx money x xxxx and (( iii) liable for the loss of any xxxxxxx money x xxxx caused by the failure of any financial institution in which the xxxxxxx money x xxxx has been deposited unless the financial institution is acting as escrow agent.

Appears in 2 contracts

Samples: cdn.cocodoc.com, cdn.cocodoc.com

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial [financial] institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent.. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent’s collection of good funds acceptable to escrow agent

Appears in 2 contracts

Samples: www.trec.texas.gov, www.trec.texas.gov

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure fail- ure of any financial [financial] institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent. Escrow agent may require any disburse- ment made in connection with this contract to be conditioned on escrow agent’s collection of good funds acceptable to escrow agent.

Appears in 2 contracts

Samples: www.trec.texas.gov, www.trec.texas.gov

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the any loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent.

Appears in 1 contract

Samples: Property Contract

Escrow. The escrow agent is not (( i) a party to this contract and does not have liability for the performance perform ance or nonperformance nonperform ance of any party to this contract, (( ii) liable for interest on the xxxxxxx money x xxxx and (( iii) liable for the loss of any xxxxxxx money x xxxx caused by the failure of any financial institution inst itut ion in which the xxxxxxx money x xxxx has been deposited unless the financial institution is acting as escrow agent.

Appears in 1 contract

Samples: Equal Housing Opportunity

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Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure fail- ure of any financial institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent’s collection of good funds acceptable to escrow agent.

Appears in 1 contract

Samples: www.trec.texas.gov

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial [ financial] institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent’s collection of good funds acceptable to escrow agent.

Appears in 1 contract

Samples: www.trec.texas.gov

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent.. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent’s collection of good funds acceptable to escrow agent. DRAFT

Appears in 1 contract

Samples: www.trec.texas.gov

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this t is contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial [financial] institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent. Escrow agent may require any disbursement made in connection with this contract to be c nditioned on escrow agent’s collection of good funds acceptable to escrow agent.

Appears in 1 contract

Samples: www.texasrealestate.com

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money has been deposited unless the financial institution is acting as escrow agent.. Escrow agent may require any disbursement made in connection with this contract to be conditioned on escrow agent’s collection of good funds acceptable to escrow agent

Appears in 1 contract

Samples: www.trec.texas.gov

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this t his contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money xxxx y has been deposited unless the financial institution is acting as escrow agent.

Appears in 1 contract

Samples: Residential Condominium Contract

Escrow. The escrow agent is not (i) a party to this contract and does not have liability for the performance or nonperformance of any party to this contract, (ii) liable for interest on the xxxxxxx money and (iii) liable for the loss of any xxxxxxx money caused by the failure of any financial institution in which the xxxxxxx money has been deposited unless the financial Contract Concerning Page 6 of 9 11-13-2017 [11-2-2015] institution is acting as escrow agent.. (Address of Property)

Appears in 1 contract

Samples: www.trec.texas.gov

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