Common use of Compensation of Escrow Agent Clause in Contracts

Compensation of Escrow Agent. 3.1. Escrow Agent shall be entitled to reasonable compensation as well as reimbursement for its reasonable costs and expenses incurred in connection with the performance by it of services under this Escrow Agreement (including reasonable fees and expenses of Escrow Agent’s counsel). The Issuer hereby binds and obligates itself to pay to Escrow Agent the compensation and reimbursement to which it is entitled. Escrow Agent’s fee is as provided in Exhibit B to this agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Medalist Diversified REIT, Inc.), Escrow Agreement (HC Government Realty Trust, Inc.)

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Compensation of Escrow Agent. 3.1. Escrow Agent shall be entitled to reasonable compensation as well as reimbursement for its reasonable costs and expenses incurred in connection with the performance by it of services under this Escrow Agreement (including reasonable fees and expenses of Escrow Agent’s counsel). The Issuer Each of the Parties, with the exception of Escrow Agent, hereby binds jointly and obligates itself severally bind and obligate themselves to pay to Escrow Agent the compensation and reimbursement to which it is entitledentitled hereto. Escrow Agent’s fee is as provided in Exhibit B to this agreementEscrow Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Aperion Biologics, Inc.)

Compensation of Escrow Agent. 3.1. Escrow Agent shall be entitled to reasonable compensation as well as and reimbursement for its reasonable of fees, costs and expenses expenses, including reasonable attorneys' fees, suffered or incurred by Escrow Agent in connection with the performance of its duties and obligations hereunder, including but not limited to, any suit in interpleader brought by it of services under this Escrow Agreement (including reasonable fees and expenses of Escrow Agent’s counsel). The Issuer hereby binds Buyer, on the one hand, and obligates itself to pay to Escrow Agent Seller, on the compensation other hand, shall be severally responsible for one-half of such compensation, fees, costs and reimbursement to which it is entitled. Escrow Agent’s fee is as provided in Exhibit B to this agreementexpenses.

Appears in 1 contract

Samples: Asset Purchase Agreement (Image Entertainment Inc)

Compensation of Escrow Agent. 3.1. Escrow 3.1.Escrow Agent shall be entitled to reasonable compensation as well as reimbursement for its reasonable costs and expenses incurred in connection with the performance by it of services under this Escrow Agreement (including reasonable fees and expenses of Escrow Agent’s counsel). The Issuer Each of the Parties, with the exception of Escrow Agent, hereby binds jointly and obligates itself severally bind and obligate themselves to pay to Escrow Agent the compensation and reimbursement to which it is entitledentitled hereto. Escrow Agent’s fee is as provided in Exhibit B to this agreementEscrow Agreement.

Appears in 1 contract

Samples: Escrow Agreement

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Compensation of Escrow Agent. 3.1. The Escrow Agent shall be entitled to compensation with respect to its activities hereunder in accordance with its published fee for such service as of the date of this Escrow Agreement and to be reimbursed for all reasonable compensation as well as reimbursement for expenses disbursements and advances incurred or made by the Escrow Agent in performing its reasonable costs and expenses incurred in connection with the performance by it of services duties under this Escrow Agreement (including reasonable fees fees, expenses and expenses disbursements of Escrow Agent’s its counsel). The Issuer hereby binds Such compensation, costs and obligates itself to pay to Escrow Agent expenses shall be payable by Toral and, in the compensation and reimbursement to which it is entitled. Escrow Agent’s fee is as provided in Exhibit B to this agreement.event

Appears in 1 contract

Samples: Agreement and Plan of Merger (Admar Group Inc)

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