Common use of Services of Escrow Agent Clause in Contracts

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.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Old National Bancorp /In/), Purchase and Sale Agreement (Old National Bancorp /In/), Purchase and Sale Agreement (Old National Bancorp /In/)

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Services of Escrow Agent. The Escrow Agent agrees to provide escrow services for a fee of $ Four Hundred Dollars ($400.00). 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 PurchaserSeller. Escrow Agent shall also be reimbursed for any reasonable expenses. Seller shall not be entitled to receive any interest on the funds placed in escrow pursuant hereto.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Old National Bancorp /In/), Purchase and Sale Agreement (Old National Bancorp /In/)

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Services of Escrow Agent. The Escrow Agent agrees to provide escrow services for a fee of $ Four Hundred Dollars ($400.00). 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 is released to Seller or PurchaserSeller. Escrow Agent shall also be reimbursed for any reasonable expenses. Seller shall not be entitled to receive any interest on the funds placed in escrow pursuant hereto.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Old National Bancorp /In/), Purchase and Sale Agreement (Old National Bancorp /In/)

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