Unclaimed Funds. In the event that funds from this transaction remain in an account, held by ESCROW 12 HOLDER, for such a period of time that they are deemed "abandoned" under the provisions of Chapter 120A of the Nevada 13 Revised Statutes, ESCROW HOLDER is hereby authorized to impose a charge upon the dormant escrow account. Said charge 14 shall be no less than $5.00 per month and may not exceed the highest rate of charge permitted by statute or regulation. ESCROW 15 HOLDER is further authorized and directed to deduct the charge from the dormant escrow account for as long as the funds are held
Appears in 2 contracts
Samples: Vacant Land Purchase Agreement, Vacant Land Purchase Agreement
Unclaimed Funds. In the event that funds from this transaction remain in an account, held by ESCROW 12 20 HOLDER, for such a period of time that they are deemed "“abandoned" ” under the provisions of Chapter 120A of the Nevada 13 21 Revised Statutes, ESCROW HOLDER is hereby authorized to impose a charge upon the dormant escrow account. Said charge 14 22 shall be no less than $5.00 per month and may not exceed the highest rate of charge permitted by statute or regulation. ESCROW 15 HOLDER is further authorized and directed to deduct the charge from the dormant escrow account for as long as the funds are held.
Appears in 1 contract
Samples: Residential Purchase Agreement
Unclaimed Funds. In the event that funds from this transaction remain in an account, held by ESCROW 12 HOLDERESCROWHOLDER, for 2 such a period of time that they are deemed "“abandoned" ” under the provisions of Chapter 120A of the Nevada 13 Revised Statutes, 3 ESCROW HOLDER is hereby authorized to impose a charge upon the dormant escrow account. Said charge 14 shall be no less than 4 $5.00 per month and may not exceed the highest rate of charge permitted by statute or regulation. ESCROW 15 HOLDER is further 5 authorized and directed to deduct the charge from the dormant escrow account for as long as the funds thefunds are heldheld by ESCROW 6 HOLDER.
Appears in 1 contract
Samples: Vacant Land Purchase Agreement
Unclaimed Funds. In the event that funds from this transaction remain in an account, held by ESCROW 12 HOLDER, for such a period of time that they are deemed "“abandoned" ” under the provisions of Chapter 120A of the Nevada 13 Revised Statutes, ESCROW HOLDER is hereby authorized to impose a charge upon the dormant escrow account. Said charge 14 shall be no less than $5.00 per month and may not exceed the highest rate of charge permitted by statute or regulation. ESCROW 15 HOLDER is further authorized and directed to deduct the charge from the dormant escrow account for as long as the funds are heldheld by ESCROW HOLDER. Other Matters
Appears in 1 contract
Samples: Residential Purchase Agreement
Unclaimed Funds. In the event that funds from this transaction remain in an account, held by ESCROW 12 33 HOLDER, for such a period of time that they are deemed "abandoned" under the provisions of Chapter 120A of the Nevada 13 34 Revised Statutes, ESCROW HOLDER is hereby authorized to impose a charge upon the dormant escrow account. Said charge 14 35 shall be no less than $5.00 per month and may not exceed the highest rate of charge permitted by statute or regulation. ESCROW 15 HOLDER is further authorized and directed to deduct the charge from the dormant escrow account for as long as the funds are held.
Appears in 1 contract
Samples: Residential Purchase Agreement
Unclaimed Funds. In the event that funds from this transaction remain in an account, held by ESCROW 12 35 HOLDER, for such a period of time that they are deemed "“abandoned" ” under the provisions of Chapter 120A of the Nevada 13 36 Revised Statutes, ESCROW HOLDER is hereby authorized to impose a charge upon the dormant escrow account. Said charge 14 37 shall be no less than $5.00 per month and may not exceed the highest rate of charge permitted by statute or regulation. ESCROW 15 HOLDER is further authorized and directed to deduct the charge from the dormant escrow account for as long as the funds are held.
Appears in 1 contract
Samples: Residential Purchase Agreement
Unclaimed Funds. In the event that funds from this transaction remain in an account, held by ESCROW 12 44 HOLDER, for such a period of time that they are deemed "“abandoned" ” under the provisions of Chapter 120A of the Nevada 13 45 Revised Statutes, ESCROW HOLDER is hereby authorized to impose a charge upon the dormant escrow account. Said charge 14 46 shall be no less than $5.00 per month and may not exceed the highest rate of charge permitted by statute or regulation. ESCROW 15 HOLDER is further authorized and directed to deduct the charge from the dormant escrow account for as long as the funds are held.
Appears in 1 contract
Samples: Vacant Land Purchase Agreement
Unclaimed Funds. In the event that funds from this transaction remain in an account, held by ESCROW 12 21 HOLDER, for such a period of time that they are deemed "“abandoned" ” under the provisions of Chapter 120A of the Nevada 13 22 Revised Statutes, ESCROW HOLDER is hereby authorized to impose a charge upon the dormant escrow account. Said charge 14 23 shall be no less than $5.00 per month and may not exceed the highest rate of charge permitted by statute or regulation. ESCROW 15 HOLDER is further authorized and directed to deduct the charge from the dormant escrow account for as long as the funds are heldESCROW
Appears in 1 contract
Samples: Residential Purchase Agreement