Common use of Escrow Agent Fees and Expenses Clause in Contracts

Escrow Agent Fees and Expenses. A. The Company shall pay the Escrow Agent its reasonable fees and expenses, including all reasonable expenses, charges, penalties, counsel fees (“Fees”) incurred by it or by its attorneys, agents and employees in the performance of its duties and obligations under this Escrow Agreement. B. No QEF Principal in any QEF Sub-Account shall ever be charged, used as an offset, or otherwise encumbered by the Escrow Agent or the Company. C. Subdivision (A) of Section 5 of the Escrow Agreement controls whether the Escrow Agent may withdraw Interest to satisfy outstanding Fees accrued by the Company.

Appears in 10 contracts

Samples: Tobacco Escrow Agreement, Escrow Agreement, Tobacco Escrow Agreement

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