Common use of Fees and Expenses of Escrow Agent Clause in Contracts

Fees and Expenses of Escrow Agent. The Escrow Agent shall be entitled to compensation as described in Exhibit C attached hereto, promptly paid by the Company at such time or times as set forth therein, until the termination of this Agreement or the resignation or removal of the Escrow Agent, for the services provided by Escrow Agent hereunder. The fees agreed upon for services rendered hereunder are intended as full compensation for the Escrow Agent’s services as contemplated by this Agreement; provided, however, that in the event the Escrow Agent renders any material service not contemplated in this Agreement or there is any assignment of interest in the subject matter of this Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Agreement, or the subject matter hereof, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorney’s fees, occasioned by any delay, controversy, litigation or event, and the same shall be recoverable from the Company, but not from the Escrow Account.

Fees and Expenses of Escrow Agent. The Escrow Agent shall be entitled to compensation as described in Exhibit C attached hereto, promptly paid by the Company at such time or times as set forth therein, until the fees upon termination of this Agreement or the resignation or removal escrow as stated in paragraph 7(D), which fees shall be paid from interest on the escrow account only and not from principal. The fee agreed upon in the event of termination of the Escrow Agent, for escrow without the services provided by Escrow Agent hereunder. The fees agreed upon for services rendered hereunder are required minimum escrow deposit is intended as full compensation consideration for the Escrow Agent’s services as contemplated by this Agreement; provided, however, that in the event the Escrow Agent renders any material service not contemplated in this Agreement or there is any assignment of interest in the subject matter of this Agreement, or any material modification hereof, ; or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Agreement, or the subject matter hereof, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorney’s fees, occasioned by any delay, controversy, litigation or event, and the same shall be recoverable from the CompanyGGE, but not from the Escrow Accountescrow account.