Escrow Cancellation Charges. If escrow fails to close because of Seller’s default, Seller shall be liable for any cancellation charges of Escrow Agent. If escrow fails to close because of Buyer’s default, Buyer shall be liable for any cancellation charges of Escrow Agent. If escrow fails to close for any other reason, Seller and Buyer shall each be liable for one-half of any cancellation charges of Escrow Agent. The provisions of this Section 24 shall survive cancellation of this Agreement.
Escrow Cancellation Charges. In the event that this escrow shall fail to close by reason of the default of either party hereunder, the defaulting party shall be liable for all escrow and title cancellation charges. In the event that the escrow shall fail to close for any other reason, each party shall pay one-half (l/2) of all escrow and title cancellation charges.
Escrow Cancellation Charges. If the Escrow fails to close because of Seller’s default, Seller will pay all customary Escrow cancellation charges. If the Escrow fails to close because of Buyer’s default or cancellation of this Agreement for any reason other than the default of Seller, Buyer will pay all customary Escrow cancellation charges. If the Escrow fails to close for any other reason, Seller and Buyer will each pay one-half of all customary Escrow cancellation charges.
Escrow Cancellation Charges. If the Closing does not occur because of the default of a Party, the defaulting Party shall bear all Escrow Cancellation Charges. If the Closing does not occur for any reason other than a default of a Party, then Buyer and Seller shall each pay one-half (1/2) of any Escrow Cancellation Charges. As used herein, “Escrow Cancellation Charges” means all fees, charges and expenses incurred by Escrow Holder or third parties engaged by Escrow Holder, as well as all expenses related to the services of the Title Company in connection with the issuance of the Preliminary Report and other title matters.
Escrow Cancellation Charges. If the Close of Escrow does not occur because of Seller's default, Seller shall be liable for any cancellation charges by Escrow Agent. If the Close of Escrow does not occur because of Buyer's default, Buyer shall be liable for any cancellation charges by Escrow Agent. If the Close of Escrow does not occur for any other reason, Seller and Buyer each shall be liable for one-half of any cancellation charges.
Escrow Cancellation Charges. If Escrow fails to close because of --------------------------- either party's default, the defaulting party shall be liable for all Escrow cancellation and Title Company charges. If Escrow fails to close for any other reason, Buyer and Seller shall each pay one-half of any Escrow cancellation and Title Company charges.
Escrow Cancellation Charges. If the escrow fails to close by reason of a default by Buyer or Seller hereunder, such defaulting party shall pay all escrow or other Title Company charges.
Escrow Cancellation Charges. If, due to the City’s Default under this Agreement, the Closing does not occur, the City shall pay any ordinary and reasonable Escrow and title order cancellation charges charged by Escrow Agent and Title Company. If, due to CSU’s Default under this Agreement, the Closing does not occur, CSU shall pay any ordinary and reasonable Escrow and title order cancellation charges charged by Escrow Agent and Title Company. If the Closing fails to occur for any reason other than either Party’s Default, each Party shall pay one- half of any ordinary and reasonable Escrow and title order cancellation charges charged by Escrow Agent and Title Company.
Escrow Cancellation Charges. Notwithstanding any other provision of this Agreement to the contrary, in the event that Close of Escrow fails to occur as result of the default of a Party, the defaulting party ("Defaulting Party") shall be liable for all Escrow cancellation charges. In the event that Close of Escrow fails to occur for any other reason, Buyer and Seller shall each be responsible for and shall pay one-half of all Escrow cancellation charges unless specified otherwise in this Agreement.
Escrow Cancellation Charges. If escrow fails to close because of a Water Company or Van Tuyl Entities’ Event of Default, Water Company and Van Tuyl Entities shall be liable for any cancellation charges of Escrow Agent charges. If escrow fails to close because of a Town’s Event of Default, Town shall be liable for any cancellation charges of Escrow Agent. If escrow fails to close for any other reason, Water Company and Town shall each be liable for one-half of any cancellation charges of Escrow Agent.
