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Fees of Escrow Agent Sample Clauses

Fees of Escrow AgentAll fees, if any, of the Escrow Agent for service as escrow agent hereunder shall be paid by the Purchaser.
Fees of Escrow Agent. All fees and costs of the Escrow Agent, including the normal and usual costs of administering the Escrow Account shall be paid 50% by the Sellers and 50% by the Purchaser. In the event that the conditions of this Deposit Escrow Agreement are not promptly fulfilled or that the Escrow Agent renders any service hereunder not provided for herein or that there is any assignment of any interest in the subject matter of the Escrow Fund or modification hereof, the Escrow Agent shall be reasonably compensated for such extraordinary services by the party that is responsible for or requests such services. The obligations under this Section 1.8(g) shall survive any termination of this Deposit Escrow Agreement and the resignation or removal of the Escrow Agent.
Fees of Escrow AgentThe Company shall pay the Escrow Agent an -------------------- annual fee of $1,500.00 for its services hereunder. In addition, the Company will pay a service charge of $5.00 per subscriber. All of these fees are payable upon the release of the Escrowed Funds, and the Escrow Agent is hereby authorized to deduct such fees from the Escrowed Funds prior to any release thereof pursuant to Section 3 hereof.
Fees of Escrow Agent. For its services hereunder, the Escrow Agent shall be entitled to the fees set forth on SCHEDULE II attached hereto. The annual Administrative Fee shall be subject to adjustment annually, upon notice. Such fees shall be paid by Parent. In addition, the Parent and the Stockholder jointly and severally agree to pay equally the cost of reimbursing the Escrow Agent, and shall reimburse the Escrow Agent on demand, for all costs and expenses incurred in connection with the administration of this Agreement or the escrow created hereby or the performance or observance of its duties hereunder which are in excess of its compensation for normal services hereunder, including without limitation, payment of any reasonable legal fees and expenses incurred by the Escrow Agent in connection with resolution of any claim by any party hereunder ("EXTRAORDINARY ADMINISTRATIVE EXPENSES"). The Escrow Agent shall periodically xxxx Parent and the Stockholder for such out of pocket fees and expenses. The Escrow Fund shall not be available to, and shall not be used by, the Escrow Agent to set off any obligations of any party hereto owing the Escrow Agent in any capacity. Without altering or limiting the joint and several liability of any of the Interested Parties to the Escrow Agent hereunder, each of the Interested Parties agrees as between themselves that they shall share, one half each, all amounts payable to the Escrow Agent for Extraordinary Administrative Expenses pursuant to this Section 13.
Fees of Escrow Agent. The Escrow Agent’s fees and costs with respect to the services to be rendered by the Escrow Agent in carrying out the provisions of this Agreement shall be paid by the City to the Escrow Agent. The Escrow Agent shall have no lien whatsoever upon any of the moneys in the Escrow Fund for the payment of such fees and expenses. The City hereby assumes liability for, and hereby agrees (whether or not any of the transactions contemplated hereby are consummated) to indemnify, protect, save and hold harmless the Escrow Agent and its successors, assigns, officers, agents and employees from and against any and all liabilities, obligations, losses, damages, penalties, claims, actions, suits, costs, expenses, and disbursements (including legal fees and disbursements) of whatsoever kind or nature which may at any time be imposed on, incurred by, or asserted against the Escrow Agent (whether or not also indemnified against by the City or any other person under any other agreement or instrument) and in any way relating to or arising out of the execution or delivery of this Agreement, the establishment of the Escrow Fund, the retention of the moneys therein, or any payment, transfer or other application of moneys by the Escrow Agent in accordance with the provisions of this Agreement, or as may arise by reason of any act, omission or error of the Escrow Agent made in good faith in the conduct of its duties; provided, however, that the City shall not be required to indemnify the Escrow Agent against its own negligence or willful misconduct. In no event shall the City be liable to any person other than the Escrow Agent by reason of the transactions contemplated hereby. The indemnities contained in this Section shall survive the termination of this Agreement and the resignation or the removal of the Escrow Agent. The Escrow Agent may consult with counsel of its own choice and the opinion of such counsel shall be full and complete authorization to take or suffer in good faith any action in accordance with the opinion of such counsel. The Escrow Agent shall not be responsible for any of the recitals or representations contained herein. The Escrow Agent shall have no obligation to make any disbursement of any type or expend or risk its own funds or otherwise incur any financial liability in the performance of its duties hereunder unless sufficient funds have been deposited with the Escrow Agent as provided hereby. The Escrow Agent shall not be liable for the accuracy of any cal...
Fees of Escrow Agent. The Escrow Agent shall serve hereunder in consideration of the fees described on Schedule A attached hereto and the reimbursement of any expenses and other charges reasonably incurred by the Escrow Agent in connection with the performance of its duties hereunder. Except as provided in Sections 2.2 and 2.7, all such fees, expenses and other charges of the Escrow Agent (the “Escrow Agent Fees and Expenses”) shall be paid by SANYO and deducted from the interest income prior to distribution of interest income to SANYO. This Section 2.4 shall survive the termination of this Agreement and the resignation or removal of the Escrow Agent. Legal fees incurred by the Escrow Agent to establish this Agreement shall be paid by the Escrow Agent.
Fees of Escrow Agent. The Escrow Agent shall be compensated for its services hereunder at the rate of $250 for each Settlement facilitated by the Escrow Agent. The compensation obligations set forth in this Section 7 shall be payable by the Company, prior to disbursement to the Company. The obligations under this Section 7 shall survive any termination of this Escrow Agreement and the resignation or removal of Escrow Agent.
Fees of Escrow Agent. All disbursements of funds from the Escrow Fund shall be subject to the fees and claims of the Escrow Agent pursuant to Sections 4 and 5(c) below.
Fees of Escrow Agent. All fees and expenses of the Escrow Agent shall be paid by Seller and Buyer shall have no liability therefor.
Fees of Escrow Agent. (a) All fees of Escrow Agent in connection with its duties hereunder shall be paid by and shared equally by all parties who are Licensees at the time such fees become due or, if there are no Licensees at any such time; by Licensor. (b) Escrow Agent's fees for the initial year of service are due in full within sixty (60) days after the execution of this Agreement. Annual renewal fees will be due in full upon the receipt of invoice unless otherwise specified by the invoice. Late payments are subject to interest at the rate of one and one-half percent per month (18% per annum) from the due date. (c) Escrow Agent's fees will be as specified in its standard fee schedule as modified from time to time. Escrow Agent shall notify Licensor and each Licensee at least ninety (90) days prior to any increase in its fees. For any service not listed on its standard fee schedule, Escrow Agent shall provide a price quotation prior to rendering such service.