Common use of Retention of Deposit Payments Clause in Contracts

Retention of Deposit Payments. All Deposit Payments received by Escrow Holder will be, until the release to Seller or the Close of Escrow, as applicable, kept on deposit in a federally insured State or national Bank.

Retention of Deposit Payments. All The Deposit Payments and any other payments (“Deposit Payments”), if any, received by Escrow Holder will be, until the release to Seller or the Close of Escrow, as applicable, kept on deposit in a federally insured State or national Bank.

Retention of Deposit Payments. All The Initial Deposit Payments and any other payments, if any, received by Escrow Holder will be, until the release to Seller or the Close of Escrow, as applicable, kept on deposit in a federally insured State or national Bank.