Common use of Written Objection Clause in Contracts

Written Objection. If a written objection is filed within the time allowed or if the Escrow Agent is in doubt as to its duties, the Escrow Agent may continue to hold the funds in escrow until the matter is resolved either by joint written direction from the parties or by any County or Circuit court having jurisdiction of the dispute or the Escrow Agent may interplead the same in the applicable County or Circuit court and be relieved of any and all liability therefor. In any action or proceeding regarding the Earnest Money Deposit brought by E▇▇▇▇▇ ▇gent or to which Escrow Agent is made a party the Escrow Agent shall be entitled to recover its reasonable costs and attorney's fees (through appeal).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Golden Enterprises Inc)

Written Objection. If a written objection is filed within the time allowed or if the Escrow Agent is in doubt as to its duties, the Escrow Agent may continue to hold the funds in escrow until the matter is resolved either by joint written direction from the parties or by any County or Circuit court having jurisdiction of the dispute or the Escrow Agent may interplead the same in the applicable County or Circuit court and be relieved of any and all liability therefor. In any action or proceeding regarding the Earnest Money Deposit brought by EEscrow Agent or to which Escrow ▇▇▇▇▇ ▇gent or to which Escrow Agent is made a party the Escrow Agent shall be entitled to recover its reasonable costs and attorney's fees (through appeal).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Golden Enterprises Inc)