Common use of Action Against Escrow Agent Clause in Contracts

Action Against Escrow Agent. The parties agree that any action in relation to an alleged breach of this Agreement by Escrow Agent shall be commenced within two years of the date of the breach, without regard to the date the breach is discovered. Any action not brought against Escrow Agent within that two year time period shall be barred, without regard to any other limitations period set forth by law or statute, and the Buyer and Seller hereby waive any statute of limitations to the contrary.

Appears in 3 contracts

Samples: Earnest Money Escrow Agreement, Post Closing Escrow Agreement, Earnest Money Escrow Agreement

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Action Against Escrow Agent. The parties agree that any action in relation to an alleged breach of this Agreement by Escrow Agent shall be commenced within two years of the date of the breach, without regard to or from the date the breach is discovered, whichever is later. Any action not brought against Escrow Agent within that two year time period shall be barred, without regard to any other limitations limitation period set forth by law or by statute, and the Buyer and Seller Developer and/or Depositor hereby waive any statute of limitations to the contrary.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

Action Against Escrow Agent. The parties agree that any action in relation to an alleged breach of this Agreement by Escrow Agent shall be commenced within two years of the date of the breach, without regard to the date the breach is discovered. Any action not brought against Escrow Agent within that two year time period shall be barred, without regard to any other limitations period set forth by law or statute, and the Buyer Owner and Seller Lender hereby waive any statute of limitations to the contrary.

Appears in 1 contract

Samples: Construction Escrow Agreement

Action Against Escrow Agent. The parties agree that any action in relation to an alleged breach of this Agreement by Escrow Agent shall be commenced within two years of the date of the breach, without regard to or from the date the breach is discovered, whichever is later. Any action not brought against Escrow Agent within that two year time period shall be barred, without regard to any other limitations period set forth by law or by statute, and the Buyer and Seller Developer and/or Depositor hereby waive any statute of limitations to the contrary.

Appears in 1 contract

Samples: Escrow Agreement

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Action Against Escrow Agent. The parties agree that any action in relation to an alleged breach of this Agreement by Escrow Agent shall be commenced within two years of the date of the breach, without regard to the date the breach is discovered. Any action not brought against Escrow Agent within that two year time period shall be barred, without regard to any other limitations period set forth by law or statute, and the Buyer Lender and Seller Borrower hereby waive any statute of limitations to the contrary.

Appears in 1 contract

Samples: Post Closing Escrow Agreement

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