Creation of Escrow Account. (a) There is hereby created an escrow fund to be known as the “ Escrow Account” (the “Escrow Account”) to be held by the Escrow Agent for the purposes stated herein, for the benefit of Lessor and Lessee, to be held, disbursed and returned in accordance with the terms hereof.
Appears in 2 contracts
Samples: Master Equipment Lease/Purchase Agreement, Master Equipment Lease/Purchase Agreement
Creation of Escrow Account. (a) There is hereby created an escrow fund to be known as the “ “Avondale 2017 Escrow Account” (the “Escrow Account”) to be held by the Escrow Agent for the purposes stated herein, for the benefit of Lessor and Lessee, to be held, disbursed and returned in accordance with the terms hereof.
Appears in 1 contract
Samples: Escrow and Account Control Agreement
Creation of Escrow Account. (a) There is hereby created an escrow fund to be known as the “ “Lower Xxxxxx Township Escrow Account” (the “Escrow Account”) to be held by the Escrow Agent for the purposes stated herein, for the benefit of Lessor and Lessee, to be held, disbursed and returned in accordance with the terms hereof.
Appears in 1 contract
Samples: Master Lease Purchase Agreement