Common use of Escrow Agent Fees Clause in Contracts

Escrow Agent Fees. To Be Paid By Depositor Acceptance Fee: $1,000.00 Annual Escrow Fee: $2,000.00 Attorney Fees: $2,000.00 TOTAL $5,000.00 The Acceptance Fee and the Annual Escrow Fee are payable upon execution of the escrow documents. In the event the escrow is not funded, the Acceptance Fee and all related expenses, including attorneys’ fees, remain due and payable, and if paid, will not be refunded. Annual fees cover a full year in advance, or any part thereof, and thus are not pro- rated in the year of termination. The fees quoted in this schedule apply to services ordinarily rendered in the administration of an Escrow Account and are subject to reasonable adjustment based on final review of documents, or when the Escrow Agent is called upon to undertake unusual duties or responsibilities, or as changes in law, procedures, or the cost of doing business demand. Services in addition to and not contemplated in this Escrow Agreement, including, but not limited to, document amendments and revisions, non-standard cash and/or investment transactions, calculations, notices and reports, and legal fees, will be billed as extraordinary expenses. Unless otherwise indicated, the above fees relate to the establishment of one escrow account. Additional sub-accounts governed by the same Escrow Agreement may incur an additional charge. Transaction costs include charges for wire transfers, checks, internal transfers and securities transactions.

Appears in 1 contract

Samples: Escrow Agreement

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Escrow Agent Fees. To Be Paid By Depositor Acceptance Fee: $1,000.00 Waived Annual Escrow Fee: $2,000.00 Attorney 1,500 Other Fees: $2,000.00 TOTAL 250 per tax recording occurrence $5,000.00 25 per 1099 $25 per stock exchange The Acceptance Fee and the Annual Escrow Fee are payable upon execution of the escrow documents. In the event the escrow is not funded, the Acceptance Fee and all related expenses, including attorneys’ fees, remain due and payable, and if paid, will not be refunded. Annual fees cover a full year in advance, or any part thereof, and thus are not pro- pro-rated in the year of termination. The fees quoted in this schedule apply to services ordinarily rendered in the administration of an Escrow Account and are subject to reasonable adjustment based on final review of documents, or when the Escrow Agent is called upon to undertake unusual duties or responsibilities, or as changes in law, procedures, or the cost of doing business demand. Services in addition to and not contemplated in this Escrow Agreement, including, but not limited to, document amendments and revisions, non-standard cash and/or investment transactions, calculations, notices and reports, and legal fees, will be billed as extraordinary expenses. Unless otherwise indicated, the above fees relate to the establishment of one escrow account. Additional sub-accounts governed by the same Escrow Agreement may incur an additional charge. Transaction costs include charges for wire transfers, checks, internal transfers and securities transactions.

Appears in 1 contract

Samples: Escrow Agreement (Ace Comm Corp)

Escrow Agent Fees. To Be Paid By Depositor Acceptance Fee: $1,000.00 6,000 Annual Escrow Fee: Fee (including first year): $2,000.00 Attorney Fees: $2,000.00 TOTAL $5,000.00 1,200 per disbursement The Acceptance Fee and the Annual Escrow Fee for each year of the term of this Agreement are payable upon execution of the escrow documentsthis Agreement. In the event the escrow Indemnity Escrow Account is not funded, the Acceptance Fee and all related expenses, including attorneys’ fees, costs and expenses remain due and payable, and if paid, will not be refunded. Annual fees cover a full year in advance, or any part thereof, and thus are not pro- pro-rated in the year of termination. The fees quoted in this schedule apply to services ordinarily rendered in the administration of an Escrow Account escrow account and are subject to reasonable adjustment based on final review of documents, or when the Escrow Agent is called upon to undertake unusual or extraordinary duties or responsibilities, or as changes in law, procedures, or the cost of doing business demand. Services in addition to and not contemplated in this Escrow Agreement, including, but not limited to, including document amendments and revisions, non-standard cash and/or investment transactions, calculations, notices and reports, and legal fees, will be billed as extraordinary expenses. Unless otherwise indicated, the above fees relate to the establishment of one escrow account. Additional sub-accounts governed by the same Escrow this Agreement may incur an additional charge. Transaction costs include charges for wire transfers, checks, internal transfers and securities transactions. The fees quoted in this schedule are subject to reasonable adjustment by Escrow Agent in accordance with its customary practices and if it is called upon to undertake further unusual or extraordinary duties or responsibilities, or as changes in law, procedures, or the cost of doing business demand.

Appears in 1 contract

Samples: Closing Escrow Agreement (Blackstone Holdings III L.P.)

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Escrow Agent Fees. To Be Paid By Depositor Acceptance Fee: $1,000.00 $ Waived Annual Escrow Fee: $2,000.00 Attorney Fee (including first year): $ 4,000 Distribution Fees: $2,000.00 $ 1,500 TOTAL $5,000.00 $ 5,500 The Acceptance Fee and the Annual Escrow Fee for each year of the term of this Agreement are payable upon execution of the escrow documentsthis Agreement. In the event the escrow is not funded, the Acceptance Fee and all related expenses, including attorneys’ fees, costs and expenses remain due and payable, and if paid, will not be refunded. Annual fees cover a full year in advance, or any part thereof, and thus are not pro- pro-rated in the year of termination. The fees quoted in this schedule apply to services ordinarily rendered in the administration of an Escrow Account escrow account and are subject to reasonable adjustment based on final review of documents, or when the Escrow Agent is called upon to undertake unusual or extraordinary duties or responsibilities, or as changes in law, procedures, or the cost of doing business demand. Services in addition to and not contemplated in this Escrow Agreement, including, but not limited to, including document amendments and revisions, non-standard cash and/or investment transactions, calculations, notices and reports, and legal fees, will be billed as extraordinary expenses. Unless otherwise indicated, the above fees relate to the establishment of one escrow account. Additional sub-accounts governed by the same Escrow this Agreement may incur an additional charge. Transaction costs include charges for wire transfers, checks, internal transfers and securities transactions.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cinedigm Corp.)

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