CONSENT OF ESCROW HOLDER Sample Clauses

CONSENT OF ESCROW HOLDER. The undersigned Escrow Holder hereby agrees to (i) accept the foregoing Agreement, (ii) be Escrow Holder under said Agreement and (iii) be bound by said Agreement in the performance of its duties as Escrow Holder; provided, however, the undersigned shall have no obligations, liability or responsibility under (i) this Consent or otherwise unless and until said Agreement, fully signed by the parties, has been delivered to the undersigned or (ii) any amendment to said Agreement unless and until the same shall be accepted by the undersigned in writing. DATED: CHICAGO TITLE INSURANCE CORPORATION (“Escrow Holder”) By: Its: EXHIBIT “A” LEGAL DESCRIPTION Being Lot No. One (1) of Xxxxxx & Xxxxxxxx Addition No. 3, an addition to the City of Lufkin, Texas of record in Cabinet D, Slide 194-B of the Map and Plat Records of Angelina County, Texas. EXHIBIT “A” EXHIBIT “B” LIST OF PERSONAL PROPERTY [To be Attached] There are no specific items of Personal Property located on the Land or Improvements that would not otherwise be considered “fixtures”. EXHIBIT “B” EXHIBIT “C” LEASE [Brief Description to be attached] EXHIBIT “C” EXHIBIT “D” CURRENT PROPERTY CONTRACTS There are no written Property Contracts connected with the Land or Improvements. Any agreements for services connected with the Land or Improvements are oral in nature and are in place from “month-to-month”. EXHIBIT “D” EXHIBIT “E” FORM OF DEED [Attached] SPECIAL WARRANTY DEED WITH VENDOR’S LIEN Notice of confidentiality rights: If you are a natural person, you may remove or strike any or all of the following information from any instrument that transfers an interest in real property before it is filed for record in the public records: your Social Security number or your driver’s license number. Date: March , 2010 Grantor: XX Xxxxxx Properties, LLC, a Texas limited liability company Grantor’s Mailing Address: 0000 Xxxxx Xxxxxxx, Xxxxxx, Xxxxx 00000 Grantee: BC Development Co., a Missouri corporation Grantee’s Mailing Address: Consideration: Cash and a promissory note of even date in the principal amount of AND NO/100 DOLLARS ($ ) executed by Grantee, payable to the order of . The note is secured by a vendor’s lien retained in this deed and by a deed of trust of even date from Grantee to , trustee. Property (including any improvements): Being Lot No. 1 of Xxxxxx & Xxxxxxxx Addition No. 3, an addition to the City of Lufkin, Texas of record in Cabinet D, Slide 194-B of the Map and Plat Records of Angelina County, Tex...
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CONSENT OF ESCROW HOLDER. The undersigned Escrow Holder hereby agrees to (i) accept the foregoing Agreement, (ii) be escrow agent under said Agreement, and (iii) be bound by said Agreement in the performance of its duties as escrow agent. First American Title Guaranty Company By: /s/ Carox Xxxx -------------------------------- Its: Authorized Agent 41 SCHEDULE 1 DEFINITIONS
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CONSENT OF ESCROW HOLDER. The undersigned Escrow Holder hereby agrees to: (i) accept the foregoing Agreement; (ii) be Escrow Holder under said Agreement; (iii) to make all filings required under Section 6045 of the Internal Revenue Code of 1986, as amended; and (iv) be bound by said Agreement in the performance of its duties as Escrow Holder; provided, however, the undersigned shall have no obligations, liability or responsibility under (a) this Consent or otherwise, unless and until said Agreement, fully signed by the parties, has been delivered to the undersigned, or (b) any amendment to said Agreement unless and until the same is accepted by the undersigned in writing. Dated: February 29, 2008 XXXXXXX TITLE GUARANTY By /s/ Xxxx Xxxxxxxxx Title National Commercial Closing Specialist FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS (“First Amendment”), dated for reference purposes as of the 13th day of March, 2008, by and between XXXXXXX WEST INVESTMENT PARTNERS, LP, a California limited partnership (the “Buyer”), and XXXX CARLSBAD BUILDING B LLC, a California limited liability company (the “Seller”), constitutes an amendment to that certain Purchase and Sale Agreement and Joint Escrow Instructions, dated for reference purposes as of February 27, 2008, by and between Buyer and Seller (the “Purchase Agreement”). Capitalized terms used herein without definition shall have the meaning ascribed to such terms in the Purchase Agreement. In consideration of the agreements hereinafter set forth and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Buyer and Seller agree as follows:
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CONSENT OF ESCROW HOLDER. The undersigned Escrow Holder hereby agrees to (i) accept the foregoing Agreement, (ii) be Escrow Holder under said Agreement and (iii) be bound by said Agreement in the performance of its duties as Escrow Holder; provided, however, the undersigned shall have no obligations, liability or responsibility under (i) this Consent or otherwise unless and until said Agreement, fully signed by the parties, has been delivered to the undersigned or (ii) any amendment to said Agreement unless and until the same shall be accepted by the undersigned in writing. DATED: _______________ CHICAGO TITLE INSURANCE CORPORATION (“Escrow Holder”) By: Its: EXHIBIT “A” LEGAL DESCRIPTION Metes and bounds description of a 5.11 acre tract of land out of Xxxxxx 00, Xxxxx 0, X.X & X.X. Ry. Co. Surveys, Xxxxxxxx County, Texas, said 5.11 acre tract being more particularly described as follows:
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CONSENT OF ESCROW HOLDER. Escrow Holder hereby agrees to perform its obligations under this Agreement and acknowledges receipt of (a) the Deposit from Buyer in the amount of Fifty Thousand and No/100 Dollars ($50,000.00) and (b) a fully executed counterparty of this Agreement on , 2012. FIRST AMERICAN TITLE INSURANCE COMPANY By: Name: Its: EXHIBIT A Legal Description of the Property LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN IS SITUATION IN THE STATE OF CLIFORNIA, COUNTY OF SACRAMENTO, CITY OF SACRAMENTO, AND IS DESCRIBED AS FOLLOWS: That portion of the block bounded by 29th and 30th “J” and “K” Streets in the City of sacramento, Callifornia described as follows: Beginning at the point distant N.54“01“38” E,43.05 feet from the intersection of the centerline of 29th and “K” streets; thence from said point of beginning parallel with and 25.00 feet Southernernly (measured at right angles) from said centerline of 00xx Xxxxxx N.18“31“25” E.299.67 feet therice along a tangent curve to the right with a radius of 250.00 feet through an angles of 10“50’18” on arc distance of 47.29 feet thence S.71“33’20” E. 10.86 feet: thence from a tangent that bears N.64“40“57”,E. along a curve to the right with a radius of 18.00 feet through an angle of 43“45“43” an arc distance of 13.75 feet to a point of 35.00 feet Southwesterly (measured at right angles) from the centerline of “J” Street; thence parallel with said centerline of “J” Streets S.71“33“20” E ,324.85 feet to a point 25.00 feet Northwesterly (measured at right angles) from the centerline of 00xx Xxxxxx; thence parallel with the centerline of 30th street, S.18“31’47” W.214.72 feet thence N.71“28“13” W.15.00 feet; thence N.18“31“47” E.29.00 feet; thence N.71“28“13” W.35.00 feet; thence S.18“31“47“W.70.00 feet; thence S.71“28“13” E.35.00 feet thence N.18“31“47” e.29.00 feet; thence S.71“28“13” E. 15.00 feet to a point 25.00 feet Northwesterly (measure at right angle ) from the centerline of 00xx Xxxxxx; thence parallel with said centerline of 30th street S.18“31“47” W.124.82 feet to a point 35.00 feet Northwesterly(measured at right angles) from the centerline of “K” Street; thence parallel with the centerline of “k“Street N.71“34“37” W.352.57 feet to the point of beginning. Exception therefrom all those portions of the above-described property occupied by the supports and foundatioins of the viaduct. Also excepting therefrom all that portion of said property above a horizontal plane 4 feet below the undeside of the superstructure of the via...
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CONSENT OF ESCROW HOLDER. The undersigned Escrow Holder hereby agrees to (a) accept the foregoing Agreement, (b) be Escrow Holder under the Agreement, and (c) be bound by the Agreement in the performance of its duties as Escrow Holder; provided, however, the undersigned shall have no obligations, liability, or responsibility under (i) this Consent or otherwise unless and until the Agreement, fully signed by the parties, has been delivered to the undersigned, or (ii) any amendment to the Agreement unless and until the same has been delivered to the undersigned. Dated: September , 2020 Ticor Title of Oregon By: Name: Title: Exhibits A-C TO BE COMPLETED Exhibit D Promissory Note Maker: Tillamook Multi LLC, an Oregon Limited Liability Corporation Amount: $10,000.00 Date: , 2020
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Related to CONSENT OF ESCROW HOLDER

  • Release of Escrow Subject to the provisions of Section 4.2, the Escrow Agent shall release the Company Documents and Subscriber Documents as follows:

  • Investment of Escrow Funds The Escrow Agent shall deposit the Escrow Funds in a non-interest bearing money market account. If Escrow Agent has not received a Joint Written Direction at any time that an investment decision must be made, Escrow Agent may retain the Escrow Fund, or such portion thereof, as to which no Joint Written Direction has been received, in a non-interest bearing money market account.

  • Investment of Escrow Amount Escrow Agent may, at its’ discretion, invest any or all of the Escrow Account balance as permitted by banking or trust company regulations. No interest shall be paid to Issuer or Subscribers on balances in the Escrow Account or in Issuers custodial account.

  • Terms of Escrow (a) The parties hereby appoint the Administrative Agent as escrow agent in accordance with the terms and conditions set forth herein, and the Escrow Agent hereby accepts such appointment as escrow agent.

  • Release of Escrow Funds The Escrow Funds shall be paid by the Escrow Agent in accordance with the following:

  • Investment of Escrow Fund During the term of this Escrow Agreement, the Escrow Fund shall be invested and reinvested by the Escrow Agent in the investment indicated on Schedule 1 or such other investments as shall be directed in writing by the Issuer and the Depositor and as shall be acceptable to the Escrow Agent. All investment orders involving U.S. Treasury obligations, commercial paper and other direct investments may be executed through broker-dealers selected by the Escrow Agent. Periodic statements will be provided to the Issuer and the Depositor reflecting transactions executed on behalf of the Escrow Fund. The Issuer and the Depositor, upon written request, will receive a statement of transaction details upon completion of any securities transaction in the Escrow Fund without any additional cost. The Escrow Agent shall have the right to liquidate any investments held in order to provide funds necessary to make required payments under this Escrow Agreement. The Escrow Agent shall have no liability for any loss sustained as a result of any investment in an investment indicated on Schedule 1 or any investment made pursuant to the instructions of the parties hereto or as a result of any liquidation of any investment prior to its maturity or for the failure of the parties to give the Escrow Agent instructions to invest or reinvest the Escrow Fund. The Escrow Agent may earn compensation in the form of short-term interest (“float”) on items like uncashed distribution checks (from the date issued until the date cashed), funds that the Escrow Agent is directed not to invest, deposits awaiting investment direction or received too late to be invested overnight in previously directed investments.

  • Indemnity of Escrow Agent The Client hereby agrees to indemnify and hold harmless the Escrow Agent against any and all losses, claims, damages, liabilities, attorneys’ fees (even if Escrow Agent represents himself), and expenses, including any litigation arising from this Agreement or involving the subject matter hereof.

  • Release of Escrow Fund (a) On the first Business Day after the date that is six (6) months from the closing of the Merger (the “Termination Date”), the Escrow Agent shall distribute and deliver to each Owner certificates representing shares of Parent Common Stock equal to the original number of shares placed in such Owner’s account, less that number of shares in such Owner’s account equal to the sum of (i) the number of shares applied in satisfaction of Indemnification Claims made prior to that date and (ii) the number of shares in the Pending Claims Reserve allocated to such Owner’s account, as provided in the following sentence. If, at such time, there are any Indemnification Claims with respect to which Notices have been received but which have not been resolved pursuant to Section 3 hereof or in respect of which the Escrow Agent has not been notified of, and received a copy of, a final determination (after exhaustion of any appeals) by a court of competent jurisdiction, as the case may be (in either case, “Pending Claims”), and which, if resolved or finally determined in favor of Parent, would result in a payment to Parent in excess of the Deductible, the Escrow Agent shall retain in the Pending Claims Reserve that number of shares of Parent Common Stock having a Fair Market Value equal to the dollar amount for which indemnification is sought in such Indemnification Claim in excess of the Deductible to the extent all Established Claims have not exceeded, in the aggregate, the Deductible, allocated pro rata from the account maintained on behalf of each Owner. The Parent Representative and the Holder Representative shall certify to the Escrow Agent the Fair Market Value to be used in calculating the Pending Claims Reserve, and the number of shares of Parent Common Stock to be retained therefor. Thereafter, if any Pending Claim becomes an Established Claim, the Parent Representative and the Holder Representative shall deliver to the Escrow Agent a Joint Notice directing the Escrow Agent to deliver to Parent the number of shares in the Pending Claims Reserve in respect thereof determined in accordance with paragraph 3(f) above and to deliver to each Owner the remaining shares in the Pending Claims Reserve allocated to such Pending Claim, all as specified in a Joint Notice. If any Pending Claim is resolved against Parent, the Parent Representative and the Holder Representative shall deliver to the Escrow Agent a Joint Notice directing the Escrow Agent to pay to each Owner its pro rata portion of the number of shares allocated to such Pending Claim in the Pending Claims Reserve.

  • Escrow Holder Seller and Buyer covenant and agree that in performing any of its duties under this Agreement, Title Company shall not be liable for any loss, costs or damage which it may incur as a result of serving as Escrow Holder hereunder, except for any loss, costs or damage arising out of its willful default or gross negligence. Accordingly, Title Company shall not incur any liability with respect to (i) any action taken or omitted to be taken in good faith upon advice of its counsel given with respect to any questions relating to its duties and responsibilities, or (ii) to any action taken or omitted to be taken in reliance upon any document, including any written notice of instruction provided for in this Agreement, not only as to its due execution and the validity and effectiveness of its provisions, but also to the truth and accuracy of any information contained therein, which Title Company shall in good faith believe to be genuine, to have been signed or presented by a proper person or persons and to conform with the provisions of this Agreement.

  • Fees of Escrow Agent All fees, if any, of the Escrow Agent for service as escrow agent hereunder shall be paid by the Purchaser.

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