Interest Information. Unless otherwise agreed to in writing by both parties: (i) the Escrow Agent shall list the employer tax identification number of the Seller for federal, state and local tax purposes and for other necessary purposes; and (ii) all interest earned shall be the sole and exclusive property of the Seller; and (iii) any and all of Escrow Agent's fees and charges as provided for in Paragraph (6) of this Agreement shall first be charged against interest earned and then charged against principal.
Appears in 7 contracts
Samples: Escrow Agreement (Masada Security Holdings Inc), Escrow Agreement (Masada Security Holdings Inc), Escrow Agreement (Masada Security Holdings Inc)