Common use of Escrow Cancellation Charges Clause in Contracts

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.

Appears in 1 contract

Samples: Purchase Agreement (E Tek Dynamics Inc)

AutoNDA by SimpleDocs

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.

Appears in 1 contract

Samples: Purchase Agreement (Mack Cali Realty Corp)

Escrow Cancellation Charges. If Escrow fails to close the Closing does not occur 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 the Closing does not occur for any other reason, Buyer and Seller shall each pay one-half of any Escrow cancellation and Title Company charges.

Appears in 1 contract

Samples: Purchase Agreement (Brandywine Realty Trust)

AutoNDA by SimpleDocs

Escrow Cancellation Charges. If Escrow fails to close because of --------------------------- either party's ’s default, the defaulting party shall be liable for all Escrow cancellation and all reasonable 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.

Appears in 1 contract

Samples: Purchase Agreement (Behringer Harvard Reit I Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!