Common use of Payment into Escrow Clause in Contracts

Payment into Escrow. Each Purchaser will deposit with the Escrow Agent the amount set forth opposite his/her/its names on EXHIBIT A as the "Amount of Deposit" on or prior to the execution of the Purchase Agreement, in the aggregate amount of the Escrowed Funds. The Amount of Deposit shall be hereinafter referred to as the "Escrowed Funds." The Escrow Agent will hold the Escrowed Funds in escrow pursuant to the terms of this Agreement.

Payment into Escrow. Each Purchaser will deposit with the Escrow Agent the amount set forth opposite his/her/its names on EXHIBIT Exhibit A as the "Amount of Deposit" on or prior to the execution of the Purchase Agreement, in the aggregate amount of the Escrowed Funds. The Amount of Deposit shall be hereinafter referred to as the "Escrowed Funds." The Escrow Agent will hold the Escrowed Funds and the earnings on the Escrowed Funds in escrow pursuant to the terms of this Agreement.