Examples of Earnxxx Xxxey Escrow Agreement in a sentence
Prior to or within 10 business days after execution of this Agreement and subject to the terms of the "Earnxxx Xxxey Escrow Agreement," attached hereto as Exhibit A, Buyer will deliver to Commerce Bank, N.A. (the "Escrow Agent") the sum of Nine Hundred Thousand Dollars ($900,000) which, together with all interest earned thereon, shall be referred to herein as the "Buyer Deposit".
The Earnxxx Xxxey shall be held and disbursed by the Escrow Agent pursuant the Earnxxx Xxxey Escrow Agreement.
The Buyer Deposit shall be held by the Escrow Agent pursuant to the Earnxxx Xxxey Escrow Agreement.
The Escrow Agent shall pay the Earnxxx Xxxey to Seller at and upon the Closing, or otherwise, to the party entitled to receive the Earnxxx Xxxey in accordance with this Agreement and that certain Earnxxx Xxxey Escrow Agreement entered into contemporaneously herewith by the parties and the Escrow Agent (the "Earnxxx Xxxey Escrow Agreement").
Buyer and Seller are parties under a certain contract for the sale of certain real property known as Arbors at Waterville, Waterville, Ohio; and Whereas Buyer and Seller have requested Lawyers Title Insurance Corporation to act as Escrow Agent to hold the earnxxx xxxey agreed to therein (hereafter "Deposit"), in accordance with the terms and provisions of this Earnxxx Xxxey Escrow Agreement.
The Earnxxx Xxxey shall be held and disbursed by the Escrow Company acting as escrow agent pursuant to the Earnxxx Xxxey Escrow Agreement in the form of Exhibit B attached hereto which the parties have executed simultaneously with this Agreement and subject to the terms of this Agreement.
The funds constituting the Escrow Deposit will be held, invested and disbursed as provided in this Agreement and the Earnxxx Xxxey Escrow Agreement.
Concurrently with the execution of this Agreement, Buyer shall deposit, in a strict joint order escrow (the "Earnxxx Xxxey Escrow") with the Escrow Agent the sum of Five Million and No/100 Dollars ($5,000,000.00) (the "Initial Deposit"), such amount to be held as an earnxxx xxxey deposit hereunder in accordance with the provisions of a strict joint order escrow agreement in the form attached hereto as Exhibit D (the "Earnxxx Xxxey Escrow Agreement").
The Buyers agree to pay to the Seller, as consideration for the Acquired Assets, the purchase price (the "Purchase Price") described in Schedule A to this Agreement, and agree to make the escrow deposit (the "Escrow Deposit") in the form and manner described in Schedule A and more particularly in the earnxxx xxxey escrow agreement ("Earnxxx Xxxey Escrow Agreement") attached hereto as Exhibit A.
The Buyers agree to pay to the Seller, as consideration for the Acquired Assets, the purchase price (the "Purchase Price") described in Schedule A to this Agreement, and agrees to make the escrow deposit (the "Escrow Deposit") in the form and manner described in Schedule A and more particularly in the earnxxx xxxey escrow agreement ("Earnxxx Xxxey Escrow Agreement") attached hereto as Exhibit A.