Common use of Escrow Provisions Clause in Contracts

Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money, to the extent such Xxxxxxx Money is in the form of immediately available wired funds, in escrow in an interest- bearing bank account at First American Trust, FFB (the “Escrow Account”). (b) The Escrow Agent shall hold the Xxxxxxx Money in escrow in the Escrow Account until the Closing or any other sooner termination of this Agreement and shall hold or apply such proceeds in accordance with the terms of this Section 14.5

Appears in 15 contracts

Samples: Purchase and Sale Agreement (Healthcare Trust of America Holdings, LP), Purchase and Sale Agreement (Healthcare Trust of America Holdings, LP), Purchase and Sale Agreement (Healthcare Trust of America Holdings, LP)

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Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money, to the extent such Xxxxxxx Money is in the form of immediately available wired funds, in escrow in an interest- interest-bearing bank account at First American Trust, FFB (the “Escrow Account”). (b) The Escrow Agent shall hold the Xxxxxxx Money in escrow in the Escrow Account until the Closing or any other sooner termination of this Agreement and shall hold or apply such proceeds in accordance with the terms of this Section 14.5

Appears in 15 contracts

Samples: Purchase and Sale Agreement (Duke Realty Limited Partnership/), Purchase and Sale Agreement (Duke Realty Limited Partnership/), Purchase and Sale Agreement (Duke Realty Limited Partnership/)

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Escrow Provisions. (a) The Escrow Agent shall hold the Xxxxxxx Money, to the extent such Xxxxxxx Money is in the form of immediately available wired funds, in escrow in an interest- interest-bearing bank account at First American Trust, FFB (the “Escrow Account”). (b) The Escrow Agent shall hold the Xxxxxxx Money in escrow in the Escrow Account until the applicable Closing or any other sooner termination of this Agreement and shall hold or apply such proceeds in accordance with the terms of this Section 14.5

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Duke Realty Limited Partnership/), Purchase and Sale Agreement (Healthcare Trust of America Holdings, LP)

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