Common use of Purpose of the Escrow Fund Clause in Contracts

Purpose of the Escrow Fund. The Escrow Amount will be held by the Escrow Agent as a deposit made by the Buyer to be credited against the Purchase Price to the Borough pursuant to Section 2.4 of the Agreement.

Purpose of the Escrow Fund. The Escrow Amount will be held by the Escrow Agent as a deposit made by the Buyer to be credited against the Purchase Price to the Borough Township pursuant to Section 2.4 of the Agreement.

Purpose of the Escrow Fund. The Escrow Amount will be held by the Escrow Agent as a deposit made by the Buyer to be credited against the Purchase Price to the Borough pursuant to Section 2.4 4.3 of the Agreement.