Common use of Deposit and Escrow Clause in Contracts

Deposit and Escrow. 1.3.1 Within three (3) Business Days of the Effective Date, Buyer shall deliver to Escrow Agent at the following address: 000 Xxxxx Xxxxxxxx Xxxxxx, Suite 400, Los Angeles, California 90017, attention: Xxxxx Xxxxxxxx, telephone: (000) 000-0000, facsimile: (000) 000-0000, e-mail: xxxxxxxxxx@xxxxxxx.xxx, a deposit in the amount of Two Hundred Thousand and No/100 Dollars ($200,000.00) (together with any interest thereon, the “Deposit”). The Deposit shall be held in an insured, interest-bearing account with interest accruing for the benefit of Buyer. The Escrow Agent may conclusively rely upon and act in accordance with any certificate, instructions, notice, letter, e-mail, facsimile, or other written instrument believed to be genuine and signed or communicated by the proper party or parties.

Deposit and Escrow. 1.3.1 1.4.1 Within three (3) Business Days of the Effective Date, Buyer shall deliver to Escrow Agent at the following address: 000 Xxxxx Xxxxxxxx XxxxxxX. Xxxxxxxx, Suite 400, Los Angeles, California 90017, attentionAttn: Xxxxx Xxxxxxxx, telephoneTelephone: (000) 000-0000, facsimile: (000) 000-0000, eE-mail: xxxxxxxxxx@xxxxxxx.xxx, with confirmation provided to Seller, a deposit in the amount of Two Three Hundred Thousand and No/100 Dollars ($200,000.00300,000.00) (together with any interest thereon, the “Deposit”). The Deposit shall be held in an insured, interest-bearing account with interest accruing for the benefit of Buyer. The Escrow Agent may conclusively rely upon and act in accordance with any certificate, instructions, notice, letter, e-mail, facsimile, or other written instrument believed to be genuine and signed or communicated by the proper and required party or parties.

Deposit and Escrow. 1.3.1 1.4.1 Within three (3) Business Days of after the Effective Date, Buyer shall deliver to Escrow Agent at the following address: 000 Xxxxx Xxxxxxxx Xxxxxx, Suite 4004th Floor, Los Angeles, California CA 90017, attentionAttn: Xxxxx Xxxxxxxx, telephoneTelephone: (000) 000-0000, facsimile: (000) 000-0000, eE-mail: xxxxxxxxxx@xxxxxxx.xxxxxxxxxxxx@xxxxxxx.xxx, a deposit in the amount of Two Hundred Fifty Thousand and No/100 Dollars ($200,000.00250,000.00) (together with any interest thereon, the “Deposit”). The Deposit shall be held in an insured, interest-bearing account with interest accruing for the benefit of Buyer. The Escrow Agent may conclusively rely upon and act in accordance with any certificate, instructions, notice, letter, e-mail, facsimile, or other written instrument believed to be genuine and signed or communicated by the proper party or parties.

Deposit and Escrow. 1.3.1 1.4.1 Within three (3) Business Days of after the Effective Date, Buyer shall deliver to Escrow Agent at the following address: 000 Xxxxx Xxxxxxxx XxxxxxX. Xxxxxxxx, Suite 400, Los Angeles, California 90017, attentionAttn: Xxxxx Xxxxxxxx, telephoneTelephone: (000) 000-0000, facsimile: (000) 000-0000, eE-mail: xxxxxxxxxx@xxxxxxx.xxx, a deposit in the amount of Two One Hundred Fifty Thousand and No/100 Dollars ($200,000.00150,000.00) (together with any interest thereon, the “Deposit”). The Deposit shall be held in an insured, interest-bearing account with interest accruing for the benefit of Buyer. The Escrow Agent may conclusively rely upon and act in accordance with any certificate, instructions, notice, letter, e-mail, facsimile, or other written instrument believed to be genuine and signed or communicated by the proper party or parties.