Common use of Ownership of Escrow Holdback Clause in Contracts

Ownership of Escrow Holdback. The Parties agree to treat the Escrow Holdback as owned by Fantex until released to Participant pursuant to terms hereof; provided, that any interest accrued on the Escrow Holdback shall be the property of Participant.

Appears in 17 contracts

Samples: Letter Agreement, Fantex Brand Agreement (Fantex, Inc.), Fantex Brand Agreement (Fantex, Inc.)

AutoNDA by SimpleDocs

Ownership of Escrow Holdback. The Parties agree to treat the Escrow Holdback as owned by Fantex until released to Participant pursuant to terms hereof; provided, that any interest accrued on the Escrow Holdback shall be the property of Participant. 5.5.

Appears in 2 contracts

Samples: Letter Agreement (Fantex, Inc.), Letter Agreement (Fantex, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.