Common use of Escrow Fees Clause in Contracts

Escrow Fees. The fee of the Escrow Agent is a minimum of $1250.00; receipt of which is hereby acknowledged, In addition, if the minimum offering amount of $25,000.00 - is not received in escrow within the escrow period and the Escrow Agent is required to return funds to investors as provided in paragraph 6, the Escrow Agent shall receive a fee of $10.00 per check for such service, which fee shall be paid in advance of any refund mailing by Escrow Agent. The fee agreed upon for services rendered hereunder is intended as full compensation for the Escrow Agent's services as contemplated by this Agreement; however, in the event the conditions of this Agreement are not fulfilled, or the Escrow Agent performs any material service not contemplated by this Agreement, or there is any assignment of interest in the subject matter of this Agreement, or any material modification thereof, or if any material controversy arises hereunder, or the Escrow Agent is made party to or justifiably intervenes in any litigation pertaining to this Agreement, or the subject matter hereof, the Escrow Agent shall be fully reimbursed for all such extraordinary expenses, including reasonable attorney's fees, and all extraordinary expenses shall be paid by the Company.

Appears in 10 contracts

Samples: Fund Escrow Agreement (Nevada Acquisition Ventures Ii Inc), Fund Escrow Agreement (Nevada Acquisition Ventures I Inc), Fund Escrow Agreement (Eagle Golf Corp)

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Escrow Fees. The fee of the Escrow Agent is a minimum of $1250.00500.00; receipt of which is hereby acknowledged, . In addition, if the minimum offering amount of $25,000.00 40,000.00 - is not received in escrow within the escrow period and the Escrow Agent is required to return funds to investors as provided in paragraph 6, the Escrow Agent shall receive a fee of $10.00 per check for such service, which fee shall be paid in advance of any refund mailing by Escrow Agent. The fee agreed upon for services rendered hereunder is intended as full compensation for the Escrow Agent's services as contemplated by this Agreement; however, in the event the conditions of this Agreement are not fulfilled, or the Escrow Agent performs any material service not contemplated by this Agreement, or there is any assignment of interest in the subject matter of this Agreement, or any material modification thereof, or if any material controversy arises hereunder, or the Escrow Agent is made party to or justifiably intervenes in any litigation pertaining to this Agreement, or the subject matter hereof, the Escrow Agent shall be fully reimbursed for all such extraordinary expenses, including reasonable attorney's fees, and all extraordinary expenses shall be paid by the Company.

Appears in 3 contracts

Samples: Fund Escrow Agreement (Fore Inc), Fund Escrow Agreement (Sosa Inc), Fund Escrow Agreement (Fore Inc)

Escrow Fees. The fee of the Escrow Agent is a minimum of $1250.00; receipt of which is hereby acknowledged, 750.00. In addition, if the minimum offering amount of $25,000.00 20,000 - is not received in escrow within the escrow period and the Escrow Agent is required to return funds to investors as provided in paragraph 6, the Escrow Agent shall receive a fee of $10.00 per check for such service, which fee shall be paid in advance of any refund mailing by Escrow Agent. The fee agreed upon for services rendered hereunder is intended as full compensation for the Escrow Agent's services as contemplated by this Agreement; however, in the event the conditions of this Agreement are not fulfilled, or the Escrow Agent performs any material service not contemplated by this Agreement, or there is any assignment of interest in the subject matter of this Agreement, or any material modification thereof, or if any material controversy arises hereunder, or the Escrow Agent is made party to or justifiably intervenes in any litigation pertaining to this Agreement, or the subject matter hereof, the Escrow Agent shall be fully reimbursed for all such extraordinary expenses, including reasonable attorney's fees, and all extraordinary expenses shall be paid by the Company.

Appears in 2 contracts

Samples: Fund Escrow Agreement (Wireless Wizard Inc), Fund Escrow Agreement (Wireless Wizard Inc)

Escrow Fees. The fee of the Escrow Agent is a minimum of $1250.00; receipt of which is hereby acknowledged, 500.00. In addition, if the minimum offering amount of $25,000.00 25,000 - is not received in escrow within the escrow period and the Escrow Agent is required to return funds to investors as provided in paragraph 6, the Escrow Agent shall receive a fee of $10.00 per check for such service, which fee shall be paid in advance of any refund mailing by Escrow Agent. The fee agreed upon for services rendered hereunder is intended as full compensation for the Escrow Agent's services as contemplated by this Agreement; however, in the event the conditions of this Agreement are not fulfilled, or the Escrow Agent performs any material service not contemplated by this Agreement, or there is any assignment of interest in the subject matter of this Agreement, or any material modification thereof, or if any material controversy arises hereunder, or the Escrow Agent is made party to or justifiably intervenes in any litigation pertaining to this Agreement, or the subject matter hereof, the Escrow Agent shall be fully reimbursed for all such extraordinary expenses, including reasonable attorney's fees, and all extraordinary expenses shall be paid by the Company.

Appears in 1 contract

Samples: Fund Escrow Agreement (Pinoak Inc /Nv/)

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Escrow Fees. The fee of the Escrow Agent is a minimum non- refundable sum of $1250.00; receipt of which is hereby acknowledged, In addition, if 500.00. If the minimum offering amount of $25,000.00 - 20,000 is not received in escrow within the escrow period and the Escrow Agent is required to return funds to investors as provided in paragraph 6, or Escrow Agent receives a stop order as provided in Paragraph 6, the Escrow Agent shall receive a fee of $10.00 5.00 per check for such service, which fee shall be paid in advance of any refund mailing by Escrow Agent. The fee agreed upon for services rendered hereunder is intended as full compensation for the Escrow Agent's services as contemplated by this Agreement; however, in the event the conditions of this Agreement are not fulfilled, or the Escrow Agent performs any material service not contemplated by this Agreement, or there is any assignment of interest in the subject matter of this Agreement, or any material modification thereof, or if any material controversy arises hereunder, or the Escrow Agent is made party to or justifiably intervenes in any litigation pertaining to this Agreement, or the subject matter hereof, the Escrow Agent shall be fully reimbursed for all such extraordinary expenses, including reasonable attorney's fees, and all extraordinary expenses shall be paid by the Company.

Appears in 1 contract

Samples: Escrow Agreement (Dp & D Inc)

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