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 ________________________ ($218,963.82) 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.

Appears in 1 contract

Samples: Escrow Agreement (Masada Security Holdings Inc)

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Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($218,963.8224,244.38) 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.

Appears in 1 contract

Samples: Escrow Agreement (Masada Security Holdings Inc)

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($218,963.82) 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.

Appears in 1 contract

Samples: Escrow Agreement (Masada Security Holdings Inc)

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($218,963.8239,373.10) 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.

Appears in 1 contract

Samples: Escrow Agreement (Masada Security Holdings Inc)

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ (the Holdback Amount which equals $218,963.82) 4,946,599.01 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.

Appears in 1 contract

Samples: Escrow Agreement (Masada Security Holdings Inc)

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Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ Fifty-three-Thousand-nine-hundred-thirty-seven and 10/100 ($218,963.8253,937.10) 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.

Appears in 1 contract

Samples: Escrow Agreement (Masada Security Holdings Inc)

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($218,963.8247,673.84) 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.

Appears in 1 contract

Samples: Escrow Agreement (Masada Security Holdings Inc)

Deposit in Escrow. (a) Escrow Agent hereby acknowledges the receipt from Purchaser of the sum of ________________________ ($218,963.8215,612.52) 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.

Appears in 1 contract

Samples: Escrow Agreement (Masada Security Holdings Inc)

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