Common use of Deposit in Escrow Clause in Contracts

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($15,612.52) Dollars (the "Escrowed Funds"). Escrow Agent agrees to hold and dispose of said sum, and all interest and gains earned thereon, in accordance with all the terms, conditions and provisions of this Agreement. Escrow Agent acts hereunder as a depository. All deposits are warranted by Purchaser to be valid deposits. (b) Escrow Agent shall invest the Escrowed Funds as directed by the joint written instructions of Seller and Purchaser. All earnings received by Escrow Agent as a result of such investment shall be added to the Escrowed Funds. In the absence of any joint direction by Seller and Purchaser to the contrary, Escrow Agent, in its discretion, shall invest all portions of the Escrowed Funds in certificates of deposit (90 day), and/or money market funds. 2

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($15,612.52218,963.82) Dollars (the "Escrowed Funds"). Escrow Agent agrees to hold and dispose of said sum, and all interest and gains earned thereon, in accordance with all the terms, conditions and provisions of this Agreement. Escrow Agent acts hereunder as a depository. All deposits are warranted by Purchaser to be valid deposits. (b) Escrow Agent shall invest the Escrowed Funds as directed by the joint written instructions of Seller and Purchaser. All earnings received by Escrow Agent as a result of such investment shall be added to the Escrowed Funds. In the absence of any joint direction by Seller and Purchaser to the contrary, Escrow Agent, in its discretion, shall invest all portions of the Escrowed Funds in certificates of deposit (90 day), and/or money market funds. 2

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($15,612.5224,244.38) Dollars (the "Escrowed Funds"). Escrow Agent agrees to hold and dispose of said sum, and all interest and gains earned thereon, in accordance with all the terms, conditions and provisions of this Agreement. Escrow Agent acts hereunder as a depository. All deposits are warranted by Purchaser to be valid deposits. (b) Escrow Agent shall invest the Escrowed Funds as directed by the joint written instructions of Seller and Purchaser. All earnings received by Escrow Agent as a result of such investment shall be added to the Escrowed Funds. In the absence of any joint direction by Seller and Purchaser to the contrary, Escrow Agent, in its discretion, shall invest all portions of the Escrowed Funds in certificates of deposit (90 day), and/or money market funds. 2.

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($15,612.5247,673.84) Dollars (the "Escrowed Funds"). Escrow Agent agrees to hold and dispose of said sum, and all interest and gains earned thereon, in accordance with all the terms, conditions and provisions of this Agreement. Escrow Agent acts hereunder as a depository. All deposits are warranted by Purchaser to be valid deposits. (b) Escrow Agent shall invest the Escrowed Funds as directed by the joint written instructions of Seller and Purchaser. All earnings received by Escrow Agent as a result of such investment shall be added to the Escrowed Funds. In the absence of any joint direction by Seller and Purchaser to the contrary, Escrow Agent, in its discretion, shall invest all portions of the Escrowed Funds in certificates of deposit (90 day), and/or money market funds. 2

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($15,612.5239,373.10) Dollars (the "Escrowed Funds"). Escrow Agent agrees to hold and dispose of said sum, and all interest and gains earned thereon, in accordance with all the terms, conditions and provisions of this Agreement. Escrow Agent acts hereunder as a depository. All deposits are warranted by Purchaser to be valid deposits. (b) Escrow Agent shall invest the Escrowed Funds as directed by the joint written instructions of Seller and Purchaser. All earnings received by Escrow Agent as a result of such investment shall be added to the Escrowed Funds. In the absence of any joint direction by Seller and Purchaser to the contrary, Escrow Agent, in its discretion, shall invest all portions of the Escrowed Funds in certificates of deposit (90 day), and/or money market funds. 2

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($15,612.52) 116,333.14 Dollars (the "Escrowed Funds"). Escrow Agent agrees to hold and dispose of said sum, and all interest and gains earned thereon, in accordance with all the terms, conditions and provisions of this Agreement. Escrow Agent acts hereunder as a depository. All deposits are warranted by Purchaser to be valid deposits. (b) Escrow Agent shall invest the Escrowed Funds as directed by the joint written instructions of Seller and Purchaser. All earnings received by Escrow Agent as a result of such investment shall be added to the Escrowed Funds. In the absence of any joint direction by Seller and Purchaser to the contrary, Escrow Agent, in its discretion, shall invest all portions of the Escrowed Funds in certificates of deposit (90 day), and/or money market funds. 2