Common use of Escrow for Cure Clause in Contracts

Escrow for Cure. Withhold from the Purchase Price an amount which, in the reasonable judgment of Title, is sufficient to assure cure of the Objections. Any amount so withheld will be placed in escrow with Title, pending such cure. If Seller does not cure such Objections within 90 days after such escrow is established, Buyer may then cure such Objections and charge the costs of such cure (including reasonable attorneys’ fees) against the escrowed amount. If such escrow is established, the parties agree to execute and deliver such documents as may be reasonably required by Title, and Seller agrees to pay the charges of Title to create and administer the escrow.

Appears in 3 contracts

Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement

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Escrow for Cure. Withhold from the Purchase Price an amount which, in the reasonable judgment of Title, is sufficient to assure cure of the Objections. Any amount so withheld will be placed in escrow with Title, pending such cure. If Seller does not cure such Objections within 90 days after such escrow is established, Buyer may then cure such Objections and charge the costs of such cure (including reasonable attorneys’ fees) against the escrowed amount. If such escrow is established, the parties agree to execute and deliver such documents as may be reasonably required by Title, and Seller Xxxxxx agrees to pay the charges of Title to create and administer the escrow.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement

Escrow for Cure. Withhold from the Purchase Price an amount which, in the reasonable judgment of TitleTitle Company, is sufficient to assure ensure cure of the Objections. Any amount so withheld will be placed in escrow with TitleTitle Company, pending such cure. If Seller does not cure such Objections within 90 ninety (90) days after such escrow is established, Buyer may then cure such Objections and charge the costs of such cure (including reasonable attorneys’ fees) against the escrowed amount. If such escrow is established, the parties agree to execute and deliver such documents as may be reasonably required by TitleTitle Company, and Seller Xxxxxx agrees to pay the charges of Title Company to create and administer the escrow.

Appears in 1 contract

Samples: Purchase Agreement

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Escrow for Cure. Withhold from the Purchase Price an amount which, in the reasonable judgment of TitleTitle Company, is sufficient to assure ensure cure of the Objections. Any amount so withheld will be placed in escrow with TitleTitle Company, pending such cure. If Seller does not cure such Objections within 90 ninety (90) days after such escrow is established, Buyer may then cure such Objections and charge the costs of such cure (including reasonable attorneys’ fees) against the escrowed amount. If such escrow is established, the parties agree to execute and deliver such documents as may be reasonably required by TitleTitle Company, and Seller agrees to pay the charges of Title Company to create and administer the escrow.

Appears in 1 contract

Samples: Purchase Agreement

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