Common use of Escrow Fees on Default Clause in Contracts

Escrow Fees on Default. If the failure to close is due to the default of one of the parties, the defaulting party shall bear the sole and full liability for paying any escrow cancellation fee.

Appears in 3 contracts

Samples: Ground Lease, Facility Lease Agreement, Purchase and Sale Agreement (Aviza Technology, Inc.)

AutoNDA by SimpleDocs

Escrow Fees on Default. If the failure to close is due to the ---------------------- default of one of the parties, the defaulting party shall bear the sole and full liability for paying any escrow cancellation fee.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pinnacle Entertainment Inc)

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