ESCROWEE. It is understood and agreed that Xxxxxxx shall not be held liable by either Seller or Buyer for the performance or nonperformance of any provision of this Agreement, except to account for any Deposit paid to it. The obligation of this paragraph shall survive settlement.
ESCROWEE. The parties agree that Xxxxxxx Law Office is hereby designated as Escrowee for the purposes of any Escrow created or hereafter required in connection with this contract. The Escrow conditions are as follows:
ESCROWEE. The parties agree that First Mid Ag Services is hereby designated as Escrowee for the purposes of any escrow created or hereafter required in connection with this Contract. The Escrow conditions are as follows:
ESCROWEE. The parties agree that Chicago Title Company is hereby designated as Escrowee for the purposes of any Escrow created or hereafter required in connection with this Contract. The escrow conditions are as follows:
ESCROWEE. The parties agree that CAUGHEY, LEGNER, XXXXXXXX, XXXXXXX & XXXX, LLP, is hereby designated as Escrowee for the purposes of any Escrow created or hereafter required in connection with this Contract. The escrow conditions are as follows:
ESCROWEE. First American Title Insurance Company 000 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxx Xxxxxxx Property: That certain tract(s) or parcel(s) of land situated at 000 Xxxx Xxxxxx, Xxxxx Xxxxx, XX 00000 as more fully described on Exhibit A attached hereto, together with the improvements, fixtures and personal property thereon, all easements, appurtenances, rights and privileges pertaining thereto and any leases. Purchase Price: High Bid Amount $ Buyer’s Premium $ Total Purchase Price* $ Purchaser’s Broker: Purchaser’s EIN: Purchaser’s Notice Address: Seller’s EIN: 00-0000000 Seller’s Notice Addresses: c/o Gramercy Capital Corp. 000 Xxxxxxxxx Xxxxxx 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxx X. Xxxxxxxxxx I:\GR Shared\GKK Dispositions\Property Files\0001 Regions - Xxxxx Auction\Draft PSA\4298\REG-4298 - Mount Olive - Draft PSA.doc xxxxx.xxxxxxxxxx@xxx.xxx And KBS Capital Advisors LLC 000 Xxxxxxx Xxxxxx Xxxxx, Xxxxx 0000 Xxxxxxx Xxxxx, XX 00000 Attention: Xxxxx Xxxxxxxxx, Esq. xxxxxxxxxx@xxxxxxxxx.xxx and: KBS Capital Advisors LLC 000 Xxxxxxx Xxxxxx Xxxxx, Xxxxx 0000 Xxxxxxx Xxxxx, XX 00000 Attention: Xxxxx Xxxx xxxxx@xxx-xx.xxx
ESCROWEE. The Title Company hereby acknowledges receipt of a fully executed copy of this Agreement and the First Payment referred to in the Agreement on April 17, 2000, and agrees to accept, hold, deliver and disburse the First Payment and Second Payment, together with all interest accrued thereon and received by the Title Company, strictly in accordance with the terms and provisions of this Agreement. In performing any of its duties hereunder, the Title Company shall not incur any liability to anyone for any damages, losses or expenses, except for negligence, willful default or breach of trust, and it shall accordingly not incur any liability with respect (i) to any action taken or omitted in good faith upon advice of its counsel, or (ii) to any action taken or omitted in reliance upon any instrument, including any written notice or instruction provided for in this Agreement, not only as to its due execution and the validity and effectiveness of its provisions, but also as to the truth and accuracy of any information contained therein, which the Title Company shall in good faith believe to be genuine, to have been signed or presented by a proper person or persons and to conform with the provisions of this Agreement. Seller and Buyer hereby agree to indemnify and hold harmless the Title Company against any and all losses, claims, damages, liabilities and expenses, imposed upon the Title Company or incurred by the Title Company in connection with its acceptance or the performance of its duties hereunder, including any litigation arising from this Agreement or involving the subject matter hereof, unless such losses, claims, damages, liabilities and expenses arise out of Title Company's negligence, willful default or breach of trust. In the event of a dispute between Seller and Buyer sufficient in the discretion of the Title Company to justify its doing so, the Title Company shall be entitled to tender into the registry of the District Court of Xxxxxx County, Florida, all money or property in its hands under this Agreement, together with such legal pleadings as it deems appropriate, and thereupon be discharged from all further duties and liabilities under this Agreement. Seller and Buyer shall bear all costs and expenses of such legal proceedings. First American Title Insurance Company By:/s/ L Xxxxxxxxxx Its: Closing Officer EXHIBIT "A" Commence at the Southeast corner of the SE 1/2 of the NE 1/2 of Section 00, Xxxxxxxx 00 Xxxxx, Xxxxx 00 Xxxx, xxxxxx County, Florida;...
ESCROWEE. The parties agree that Xxxxxxxxxx Law Firm Trust Account, is hereby designated as Escrowee for the purposes of any Escrow created or hereafter required in connection with this contract. The Escrow conditions are as follows:
ESCROWEE. Upon payment of the initial forty-four thousand two hundred eighty (44,280) Ameriquest shall cause eight thousand eight hundred fifty-six (8,856) shares to be registered in the name of the Shareholder. One thousand seven hundred seventy-one (1,771) shares shall be delivered to the Shareholder for the 20% down payment and the balance of the shares shall be held in escrow by Xxxxxxxx Xxxxxx LLP (“Escrowee”) and shall be delivered to the Shareholder at the time that payments are made based upon the $25.00 share price. Shares acquired pursuant to the option contained in paragraph 2 shall be allocated accordingly between the Shareholder and Escrowee i.e. the shares shall be delivered to the Shareholder when and as payments are made. Upon written demand signed by Ameriquest and the Shareholder jointly, the Escrowee shall cause all remaining shares to be re-conveyed to Ameriquest. Until or unless the shares are re-conveyed the Shareholder shall have and enjoy all rights as a shareholder to the full eight thousand eight hundred fifty-six (8,856) shares plus any additional shares acquired pursuant to the options set forth in paragraph 2 including, without limitation, the right to vote all shares and to receive any dividends or to participate in stock splits. Shareholder shall have the right at any time to accelerate the release of shares by prepayment to Ameriquest.
ESCROWEE. The Treasurer of the Town of Falmouth is appointed Escrowee. Escrowee shall hold and safeguard the funds deposited in the escrow account until this Agreement shall terminate and shall treat such funds as a trust fund in accordance with the terms hereof.
