Examples of Escrow Deposit in a sentence

In the event Seller shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property for any reason, except Purchaser’s default, Purchaser may: (1) enforce specific performance of this Contract; or (2) request that the Escrow Deposit, if any, shall be forthwith returned by the title company to Purchaser.
If no Escrow Deposit has been made then Seller shall receive the amount of $500 as liquidated damages for any failure by Purchaser.
As used herein, the term "Escrow Funds" means the Escrow Deposit plus all interest, and interest earned on interest, on the Escrow Deposit.
All investments shall [have a maturity of ________ days or less during the _______ days immediately after deposit of the Escrow Deposit, and thereafter shall] be available on demand without penalty unless Escrow Agent is otherwise directed in writing by both the Holder and the Trust.
The Escrow Agent is hereby directed to invest any cash in the Escrow Deposit in (i) U.S. Treasury Securities or (ii) money market accounts in banks having combined capital, surplus and undivided profits of $50,000,000 or more.

More Definitions of Escrow Deposit

Escrow Deposit shall have the meaning set forth in Section 7.1 hereof.

Escrow Deposit has the meaning set forth in the Recitals.

Escrow Deposit shall have the meaning specified in Section 4(b) hereof.

Escrow Deposit means cash or valuable security deposited by an insurer to secure the face amount of forfeiture pending appeal;

Escrow Deposit means deposits required to be made into a qualified escrow fund pursuant to division (B) of section 1346.02 of the Revised Code.

Escrow Deposit has the meaning set forth in Section 1.5(a) of the Agreement.

Escrow Deposit means deposits required to be made into a qualified escrow fund pursuant to South Carolina Code Section 11-47-30.