Common use of Holding of Deposit Clause in Contracts

Holding of Deposit. The Escrow Agent shall hold the Deposit in a non-interest bearing account and shall pay the Deposit to the party entitled thereto in accordance with the terms of this Agreement.

Appears in 19 contracts

Samples: Escrow Agreement, Escrow Agreement (Global Healthcare Reit, Inc.), Purchase and Sale Agreement (Adcare Health Systems, Inc)

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Holding of Deposit. The Escrow Agent shall hold the Deposit in a non-interest bearing account and shall pay the Deposit to the party entitled thereto in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Adcare Health Systems Inc), Purchase and Sale Agreement (Adcare Health Systems Inc)

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Holding of Deposit. The Escrow Agent shall hold the Deposit in a non-an interest bearing account and shall pay the Deposit to the party entitled thereto in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Adcare Health Systems, Inc)

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