Segregation of Funds. Monies and other property received by the Escrow Bank under this Agreement shall, until used or applied in accordance with this Agreement, be held by the Escrow Bank in trust for the purposes for which they were received, and shall be segregated from other funds and property of the Escrow Bank.
Appears in 7 contracts
Samples: Escrow Agreement, Substitution Agreement, Escrow Agreement
Segregation of Funds. Monies and other property received by the Escrow Bank under this Agreement shall, until used or applied in accordance with this Agreement, be held by the Escrow Bank in trust for the purposes for which they were received, received and shall be segregated from other funds and property of the Escrow Bank.
Appears in 2 contracts
Samples: Escrow Agreement, Escrow Agreement
Segregation of Funds. Monies and other property received by the Escrow Bank Agent under this Agreement shall, until used or applied in accordance with this Agreement, be held by the Escrow Bank Agent in trust for the purposes for which they were received, and shall be segregated from other funds and property of the Escrow BankAgent.
Appears in 1 contract
Samples: Escrow Account Agreement
