Common use of Escrow Agent Compensation Clause in Contracts

Escrow Agent Compensation. The Company shall pay to the Escrow Agent such compensation for services to be performed by it under this Agreement as the Company and the Escrow Agent may agree in writing from time to time. The Escrow Agent shall be paid any compensation owed to it directly by the Company and shall not disburse from the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts. The Company shall reimburse the Escrow Agent upon request for all reasonable expenses, disbursements and advances incurred or made by the Escrow Agent in implementing any of the provisions of this Agreement, including compensation and the reasonable expenses and disbursements of its counsel. The Escrow Agent shall be paid any such expenses owed to it directly by the Company and shall not disburse from any of the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts.

Appears in 2 contracts

Samples: Escrow Agreement (Versatel Telecom International N V), Escrow Agreement (Versatel Telecom Bv)

AutoNDA by SimpleDocs

Escrow Agent Compensation. The Company shall pay to the Escrow Agent such compensation for services to be performed by it under this Agreement as the Company and the Escrow Agent may agree in writing from time to time. The Escrow Agent shall be paid any compensation owed to it directly by the Company and shall not disburse from the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts. The Company shall reimburse the Escrow Agent upon request for all reasonable expenses, disbursements disbursements, and advances incurred or made by the Escrow Agent in implementing any of the provisions of this Agreement, including compensation and the reasonable expenses and disbursements of its counsel. The Escrow Agent shall be paid any such expenses owed to it directly by the Company and shall not disburse from any of the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts.

Appears in 1 contract

Samples: Escrow Agreement (Global Telesystems Group Inc)

Escrow Agent Compensation. The Company shall pay to the Escrow ------------------------- Agent such compensation for services to be performed by it under this Agreement as the Company and the Escrow Agent may agree in writing from time to time. The Escrow Agent shall be paid any compensation owed to it directly by the Company and shall not disburse from the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts. The Company shall reimburse the Escrow Agent upon request for all reasonable expenses, disbursements disbursements, and advances incurred or made by the Escrow Agent in implementing any of the provisions of this Agreement, including compensation and the reasonable expenses and disbursements of its counsel. The Escrow Agent shall be paid any such expenses owed to it directly by the Company and shall not disburse from any of the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts.

Appears in 1 contract

Samples: Escrow Agreement (Concentric Network Corp)

Escrow Agent Compensation. The Company shall pay to the ------------------------- Escrow Agent such compensation for services to be performed by it under this Agreement as the Company and the Escrow Agent may agree in writing from time to time. The Escrow Agent shall be paid any compensation owed to it directly by the Company and shall not disburse from the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts. The Company shall reimburse the Escrow Agent upon request for all reasonable expenses, disbursements disbursements, and advances incurred or made by the Escrow Agent in implementing any of the provisions of this Agreement, including compensation and the reasonable expenses and disbursements of its counsel. The Escrow Agent shall be paid any such expenses owed to it directly by the Company and shall not disburse from any of the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts.

Appears in 1 contract

Samples: Escrow Agreement (Equinix Inc)

AutoNDA by SimpleDocs

Escrow Agent Compensation. The Company shall pay to the Escrow Agent ------------------------- such compensation for services to be performed by it under this Agreement as the Company and the Escrow Agent may agree in writing from time to time. The Escrow Agent shall be paid any compensation owed to it directly by the Company and shall not disburse from the Escrow Account any such amounts compensation owed to it nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amountscompensation owed to it. The Company shall reimburse the Escrow Agent upon request for all reasonable expenses, disbursements disbursements, and advances incurred or made by the Escrow Agent in implementing any of the provisions of this Agreement, including compensation and the reasonable expenses and disbursements of its counsel. The Escrow Agent shall be paid any such expenses owed to it directly by the Company and shall not disburse from any of the Escrow Account any such amounts nor shall the Escrow Agent have any interest in the Escrow Account with respect to such amounts.

Appears in 1 contract

Samples: Escrow Agreement (Exodus Communications Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!