Escrow Agreement Fees Sample Clauses

Escrow Agreement Fees. The Borrower shall pay (i) to the Agent for the account of the Facility A Banks a fee (the "Escrow Fee") equal to three quarters of one percent (3/4%) per annum to be allocated among the Facility A Banks based on their Net Exposures in outstanding Escrow Agreements, and (ii) to the Agent for the account of the Escrow Bank a fronting fee equal to one-eighth of one percent (1/8%) per annum, which fees shall be computed on the daily average outstanding obligations of the Escrow Bank under the Escrow Agreements and shall be payable quarterly in arrears commencing with the first Business Day of each February, May, August and November following issuance of each Escrow Agreement and on the expiration date of such Escrow Agreement. Escrow Fees and the fronting fees shall be computed based on a year of 365 or 366 days, as the case may be. 2.12
Sample 1
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Escrow Agreement Fees. The Borrower shall pay (i) to the Agent for the account of the Banks a fee (the "Escrow Fee") equal to three quarters of one percent (3/4%) per annum to be allocated among the Banks based on their Net Exposures in outstanding Escrow Agreements, and (ii) to the Agent for the account of the Escrow Bank a fronting fee equal to one- eighth of one percent (1/8%) per annum, which fees shall be computed on the daily average outstanding obligations of the Escrow Bank under the Escrow Agreements and shall be payable quarterly in arrears commencing with the first Business Day of each February, May, August and November following issuance of each Escrow Agreement and on the expiration date of such Escrow Agreement. Escrow Fees and the fronting fees shall be computed based on a year of 365 or 366 days, as the case may be.
Sample 1
Escrow Agreement Fees. 41 2.12 Reimbursement of Advances on Letters of Credit or Escrow Agreements. . . . . . . . . .41 2.13 Participations in Letters of Credit and Escrow Agreements; Responsibility of Issuing and Escrow Banks . . . . . . . . . . .42 2.14
Sample 1

Related to Escrow Agreement Fees

  • Escrow Agent Fees Escrow Administration Fee: $100.00 for each break letter after the first four $750.00 escrow account fee 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. Extraordinary fees are payable to the Escrow Agent for duties or responsibilities not expected to be incurred at the outset of the transaction, not routine or customary, and not incurred in the ordinary course of business. Payment of extraordinary fees is appropriate where particular inquiries, events or developments are unexpected, even if the possibility of such things could have been identified at the inception of the transaction. 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, internal transfers and securities transactions.

  • Escrow Agreement Purchaser and the Escrow Agent shall have executed and delivered the Escrow Agreement.

  • Indemnity Escrow Agreement Sellers shall have executed and delivered to Buyer the Indemnity Escrow Agreement.

  • Escrow Fees The fee of the Escrow Agent is a fee of $1,500, $750 of which shall be paid by the registrant at the opening of escrow and the remainder of which fee shall be paid after the close of the offering. In addition, all hard costs (wire fees, etc.) shall be deducted from disbursements.

  • Escrow Agreements The parties hereto agree that, to the extent required by applicable law, they shall enter into and file with appropriate jurisdictions any escrow agreements or similar contractual arrangements with respect to the taxes covered by this Agreement. The terms of such agreements shall, to the extent set forth therein, and with respect to the parties thereto, prevail over the terms of this Agreement.

  • Escrow Agent’s Fee The Escrow Agent shall be entitled to compensation for its services as stated in the fee schedule attached hereto as Exhibit D, which compensation shall be paid by the Company. The fee agreed upon for the services rendered hereunder is intended as full compensation for the Escrow Agent’s services as contemplated by this Agreement; provided, however, that if the conditions for the disbursement of funds under this Agreement are not fulfilled, or the Escrow Agent renders any material service not contemplated in this Agreement, or there is any assignment of interest in the subject matter of this Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Agreement, or the subject matter hereof, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorney’s fees, occasioned by any delay, controversy, litigation or event, and the same shall be recoverable from the Company. The Company’s obligations under this Section 8 shall survive the resignation or removal of the Escrow Agent and the assignment or termination of this Agreement.

  • Indemnification Escrow Agreement A counterpart of the Indemnification Escrow Agreement executed by Buyer;

  • Agent Fees Borrowers shall pay to Agent, for the account of Agent, as and when due and payable under the terms of the Fee Letter, the fees set forth in the Fee Letter.

  • The Escrow Agent’s Fee Escrow Agent shall be entitled to fees and expenses for its regular services as Escrow Agent as set forth in Exhibit A. Additionally, Escrow Agent is entitled to reasonable fees for extraordinary services and reimbursement of any reasonable out of pocket and extraordinary costs and expenses related to its obligations as Escrow Agent under this Agreement, including, but not limited to, reasonable attorneys’ fees. All of the Escrow Agent’s compensation, costs and expenses shall be paid by the Company.

  • Termination of the Escrow Agreement This Agreement, except for Sections 7 and 11 hereof, which shall continue in effect, shall terminate upon written notice from the Company to the Escrow Agent. Unless otherwise provided, final termination of this Agreement shall occur on the date that all funds held in the Escrow Account are distributed either (a) to the Company or to subscribers and the Company has informed the Escrow Agent in writing to close the Escrow Account or (b) to a successor escrow agent upon written instructions from the Company.

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