Common use of Escrowed Amount Clause in Contracts

Escrowed Amount. At Closing, Buyer shall deposit and deliver to Escrow Agent, One Hundred Eighteen Thousand Nine Hundred Thirty One Dollars ($118,931) in cash, (the "Escrowed Amount"), payable by wire transfer of immediately available U.S. federal funds to a bank account or accounts designated in writing by Escrow Agent, to be held by the Escrow Agent for a period not to exceed twelve (12) months from the date hereof, and released in accordance with the terms set forth in the Escrow Agreement.

Escrowed Amount. At Closing, Buyer shall deposit and deliver to Escrow Agent, Eight Hundred Eighty-One Hundred Eighteen Thousand Nine Hundred Thirty One Sixty Eight Dollars ($118,931881,068) in cash, (the "Escrowed Amount"), payable by wire transfer of immediately available U.S. federal funds to a bank account or accounts designated in writing by Escrow Agent, to be held by the Escrow Agent for a period not to exceed twelve (12) months from the date hereof, and released in accordance with the terms set forth in the Escrow Agreement.