Common use of Fees and Expenses of Escrow Agent Clause in Contracts

Fees and Expenses of Escrow Agent. The Escrow Agent shall be entitled to compensation as described in Exhibit B attached hereto, promptly paid by the Company at such time or times as set forth therein, for the services provided by Escrow Agent hereunder. The provisions of this Section 13 shall survive any termination of this Agreement or the resignation or removal of the Escrow Agent. The fees agreed upon for services rendered hereunder are intended as full compensation for the Escrow Agent’s services as contemplated by this Agreement; provided, however, that in the event the Escrow Agent renders any material service not contemplated in this Agreement, or there is any assignment of any interest in the subject matter of this Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Agreement, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorney’s fees, occasioned by any delay, controversy, litigation or event, and the same shall be recoverable from the Company, but not from the Escrow Account.

Appears in 4 contracts

Samples: Escrow Agreement (Ozark Ethanol LLC), Escrow Agreement (Ozark Ethanol LLC), Escrow Agreement (Ozark Ethanol LLC)

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Fees and Expenses of Escrow Agent. The Escrow Agent shall be entitled to compensation as described in Exhibit B attached hereto, promptly paid by the Company at such time or times as set forth therein, for the services provided by Escrow Agent hereunder. The provisions of this Section 13 shall survive any termination of this Agreement or the resignation or removal of the Escrow Agent. The fees agreed upon for services rendered hereunder are intended as full compensation for the Escrow Agent’s services as contemplated by this Agreement; provided, however, that in the event the Escrow Agent renders any material service not contemplated in this Agreement, or there is any assignment of any interest in the subject matter of this Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this AgreementAgreement or the subject matter hereof, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorney’s fees, occasioned by any delay, controversy, litigation or event, and the same shall be recoverable from the Company, but not from the Escrow Account.

Appears in 2 contracts

Samples: Escrow Agreement (Tennessee Valley Agri-Energy, LLC), Escrow Agreement (Tennessee Valley Agri-Energy, LLC)

Fees and Expenses of Escrow Agent. The Escrow Agent shall be entitled to compensation as described in Exhibit B attached hereto, promptly paid by the Company at such time or times as set forth therein, for the services provided by Escrow Agent hereunder. The provisions of this Section 13 shall survive any termination of this Agreement or the resignation or removal of the Escrow Agent. The fees agreed upon for services rendered hereunder are intended as full compensation for the Escrow Agent’s services as contemplated by this Agreement; provided, however, that in the event the Escrow Agent renders any material service not contemplated in this Agreement, Agreement or there is any assignment of any interest in the subject matter of this Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Agreement, or the subject matter hereof, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorney’s fees, occasioned by any delay, controversy, litigation or event, and the same shall be recoverable from the Company, but not from the Escrow Account.

Appears in 1 contract

Samples: Escrow Agreement (Ethanol Grain Processors, LLC)

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Fees and Expenses of Escrow Agent. The Escrow Agent shall be entitled to compensation as described in Exhibit B A attached hereto, promptly paid by the Company at such time or times as set forth therein, for the services provided by Escrow Agent hereunder. The provisions obligations of the Company under this Section 13 11 shall survive any termination of this Agreement or and the resignation or removal of the Escrow Agent. The fees agreed upon for services rendered hereunder are intended as full compensation for the Escrow Agent’s services as contemplated by this Agreement; provided, however, that in the event the Escrow Agent renders any material service not contemplated in this Agreement, Agreement or there is any assignment of any interest in the subject matter of this Agreement, or any material modification hereof, or if any material controversy arises hereunder, or the Escrow Agent is made a party to any litigation pertaining to this Agreement, or the subject matter hereof, then the Escrow Agent shall be reasonably compensated for such extraordinary services and reimbursed for all costs and expenses, including reasonable attorney’s fees, occasioned by any delay, controversy, litigation or event, and the same shall be recoverable from the Company. No fees and costs and expenses payable to Escrow Agent or an Indemnified Party under this Agreement shall be deducted, but not from withheld or set off against the Escrow AccountFunds, except upon disbursement of Escrow Funds to the Company pursuant to Section 4(a).

Appears in 1 contract

Samples: Portal Agreement, Consulting Services Agreement and Escrow Agreement (Viroment Capital, LLC)

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