Common use of Escrow Provisions Clause in Contracts

Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money in escrow in a bank account at a federally insured banking institution (the “Escrow Account”).

Appears in 5 contracts

Samples: Assignment and Assumption Agreement, Assignment and Assumption Agreement (Carey Watermark Investors Inc), Assignment and Assumption Agreement (Carey Watermark Investors Inc)

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Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Exxxxxx Money in escrow in a an interest-bearing bank account at a federally insured banking institution (the “Escrow Account”).

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc), Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc), Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc)

Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money Deposit in escrow in a an interest-bearing bank account at a federally insured banking institution (the “Escrow Account”).

Appears in 3 contracts

Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Agreement of Purchase and Sale

Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money in escrow in a an interest-bearing bank account at a federally insured banking institution (the “Escrow Account”)) at the direction of Seller and Buyer.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Ashford Hospitality Prime, Inc.)

Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money in escrow in a an interest-bearing bank account at a federally insured banking institution located in New York City, New York (the "Escrow Account").

Appears in 1 contract

Samples: Option Agreement (Prime Group Realty Trust)

Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money Deposit in escrow in a an interest-bearing bank account at a federally insured banking institution (the “Escrow Account”).

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Interstate Hotels & Resorts Inc)

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Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money in escrow in a an interest-bearing bank account at a federally insured banking institution (the “Escrow Account”).

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Pebblebrook Hotel Trust)

Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money in escrow in a an interest-bearing bank account at a federally insured banking institution Citibank, N.A. (the “Escrow Account”).

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Wells Real Estate Investment Trust Inc)

Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money in escrow in a an interest-bearing bank account at a federally insured banking institution [ ] (the "Escrow Account").

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Shopco Regional Malls Lp)

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