Common use of Obligations of the Escrow Agent Clause in Contracts

Obligations of the Escrow Agent. (a) The Escrow Agent shall invoice each Legal Entity quarterly for authorized fees and expenses payable by such Legal Entity. Payments of reasonable fees and expenses pursuant to an invoice shall be due thirty (30) days from the date of each Legal Entity’s receipt of such invoice plus any required supporting documentation.

Appears in 7 contracts

Samples: Escrow Agreement, Escrow Agreement (Hertz Global Holdings, Inc), Escrow Agreement (Hertz Global Holdings Inc)

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Obligations of the Escrow Agent. (a) The Escrow Agent shall invoice each Legal Entity quarterly the Exchangor for authorized fees and expenses payable by such Legal Entitythe Exchangor. Payments of reasonable fees and expenses pursuant to an invoice shall be due thirty (30) days from the date of each Legal Entitythe Exchangor’s receipt of such invoice plus any required supporting documentation.

Appears in 1 contract

Samples: Escrow Agreement (Vanguard Car Rental Group Inc.)

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