Escrow Agent's Fees. The Company agrees to pay Escrow Agent’s usual and customary fees of $25.00 per month maintenance fee for performing its obligations under the Agreement that are not covered by income earned on escrowed funds pursuant to Section 3(c) hereof. An $18.00 per check fee will be charged if the escrow account has to be refunded due to failure to complete the subscription.
Appears in 3 contracts
Samples: Escrow Agreement (Atlantic Bancshares, Inc.), Escrow Agreement (Metro Bancshares, Inc.), Escrow Agreement (Atlantic Bancshares, Inc.)
Escrow Agent's Fees. The Company agrees to pay Escrow Agent’s 's usual and customary fees of $25.00 per month maintenance fee for performing its obligations under the Agreement that are not covered by income earned on escrowed funds pursuant to Section 3(c) hereof. An $18.00 per check fee will be charged if the escrow account has to be refunded due to failure to complete the subscription.
Appears in 1 contract
Samples: Escrow Agreement (Hometown Community Bancshares, Inc.)
