Common use of ESCROWEE Clause in Contracts

ESCROWEE. The parties agree that ▇▇▇▇▇▇▇▇▇▇ Law Firm Trust Account, is hereby designated as Escrowee for the purposes of any Escrow created or hereafter required in connection with this contract. The Escrow conditions are as follows: a. Escrowee shall hold in escrow the NON-REFUNDABLE down payment pursuant to the terms of this contract until closing and not release said funds except with the agreement of all parties, or an Order entered by a Court of competent jurisdiction. b. Additional conditions: None.

Appears in 3 contracts

Sources: Contract for Sale of Real Estate, Contract for Sale of Real Estate, Contract for Sale of Real Estate

ESCROWEE. The parties agree that ▇▇▇▇▇▇▇▇▇▇ Law Firm Trust Account, is hereby designated as Escrowee for the purposes of any Escrow created or hereafter required in connection with this contract. The Escrow conditions are as follows: a. Escrowee shall hold in escrow the NON-REFUNDABLE down payment downpayment pursuant to the terms of this contract until closing and not release said funds except with the agreement of all parties, or an Order entered by a Court of competent jurisdiction. b. Additional conditions: None.

Appears in 1 contract

Sources: Sale Agreement