RELEASE OF PAYMENT. Payment of the funds so held in escrow by the Escrow Agent, in accordance with the terms, conditions and provisions of this Escrow Agreement, shall fully and completely discharge and exonerate the Escrow Agent from any and all future liability or obligations of any nature or character at law or equity to the parties hereto or under this Agreement.
Appears in 12 contracts
Samples: Purchase and Sale Agreement, Agreement of Purchase and Sale (Industrial Income Trust Inc.), Management Agreement (KBS Strategic Opportunity REIT II, Inc.)
RELEASE OF PAYMENT. Payment of the funds Escrow Fund so held in escrow by the Escrow Agent, in accordance with the terms, conditions and provisions of this Escrow Agreement and if applicable, pursuant to Paragraph 5(a) above, the Purchase Agreement, shall fully and completely discharge and exonerate the Escrow Agent from any and all future liability or obligations of any nature or character at law or equity to the parties hereto or under this Escrow Agreement.
Appears in 1 contract
Samples: Earnest Money Escrow Agreement
RELEASE OF PAYMENT. Payment of the funds so held in escrow by the Escrow Agent, in accordance with the terms, conditions and provisions of this Escrow Agreement, shall fully and completely discharge and exonerate the Escrow Agent from any and all future liability or obligations of any nature or character at law or equity to the parties hereto or under this Escrow Agreement.
Appears in 1 contract
RELEASE OF PAYMENT. Payment Except as specifically set forth in this Escrow Agreement, payment of the all funds so held in escrow by the Escrow Agent, in accordance with the terms, conditions and provisions of this Escrow Agreement, shall fully and completely discharge and exonerate the Escrow Agent from any and all future liability or obligations of any nature or character at law or equity to the parties Parties hereto or under this Escrow Agreement.
Appears in 1 contract
Samples: Escrow Agreement
