Services of Escrow Agent Sample Clauses

Services of Escrow Agent. The Escrow Agent agrees to provide escrow services for a fee of $ . At the sole discretion of the Escrow Agent, the Escrow Agent may elect to immediately deduct these sums at closing before placing the remainder in escrow or may elect to deduct them at the time the remainder of the funds are released to Seller or Purchaser. Escrow Agent shall also be reimbursed for any reasonable expenses.
AutoNDA by SimpleDocs
Services of Escrow Agent. 3.1 The Escrow Agent shall hold the original counterparts of the Settlement Agreement, the Stay Documents, the Stay Removal Documents and the Dismissal Documents for the benefit of the Parties and shall file the Dismissal Documents relating to the Ukrainian Proceedings (the “Ukrainian Dismissal Documents”) and the Stay Documents in accordance with Section 3 hereof and either (a) deliver the Settlement Agreement and file the Non-Ukrainian Dismissal Documents in accordance with Section 5 hereof or (b) destroy the Settlement Agreement and the Non-Ukrainian Dismissal Documents and deliver the Stay Removal Documents, in each case, in accordance with Section 4 hereof.

Related to Services of Escrow Agent

  • Fees of Escrow Agent All fees, if any, of the Escrow Agent for service as escrow agent hereunder shall be paid by the Purchaser.

  • Expenses of Escrow Agent Except as set forth in Section 11 the Company shall reimburse Escrow Agent for all of its reasonable out-of-pocket expenses, including attorneys' fees, travel expenses, telephone and facsimile transmission costs, postage (including express mail and overnight delivery charges), copying charges and the like. All of the compensation and reimbursement obligations set forth in this Section shall be payable by the Company, upon demand by Escrow Agent. The obligations of the Company under this Section shall survive any termination of this Agreement and the resignation or removal of Escrow Agent.

  • Duties of Escrow Agent (a) Your duties hereunder may be altered, amended, modified or revoked only by a writing signed by all of the parties hereto.

  • Appointment of Escrow Agent The Company and the Initial Stockholders hereby appoint the Escrow Agent to act in accordance with and subject to the terms of this Agreement and the Escrow Agent hereby accepts such appointment and agrees to act in accordance with and subject to such terms.

  • Delivery of Escrow Funds Upon confirmation by Escrow Agent that the following conditions have been satisfied, Escrow Agent shall disburse the Escrow Funds to Recipient in connection with the closing of the purchase of the Property or other interest therein:

  • Indemnity of Escrow Agent The Client hereby agrees to indemnify and hold harmless the Escrow Agent against any and all losses, claims, damages, liabilities, attorneys’ fees (even if Escrow Agent represents himself), and expenses, including any litigation arising from this Agreement or involving the subject matter hereof.

  • Disbursement of Escrow Funds (a) Subject to Section 3(b) and Section 10, NCPS shall promptly disburse in accordance with the Instruction Letter the liquidated value of the Escrow Funds from the Escrow Account to Issuer by wire transfer no later than one Business Day following receipt of the following documents:

  • Property Manager Any entity that has been retained to perform and carry out property rental, leasing, operation and management services at one or more of the Properties, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property.

  • Services of Sub-Adviser The Sub-Adviser shall perform all services necessary for the management of the portfolio investments of each Fund, including but not limited to:

Time is Money Join Law Insider Premium to draft better contracts faster.