Common Contracts

RETAINAGE ESCROW AGREEMENT

Retainage Escrow Agreement • August 4th, 2021 • Tennessee

• Contract Type
  Retainage Escrow Agreement
• Filed
  August 4th, 2021
• Jurisdiction
  Tennessee

THIS AGREEMENT, made this the day of , by and between Insert Name of Contractor Here (hereinafter called the “CONTRACTOR”) and Knoxville Utilities Board, an independent agency of the City of Knoxville, Tennessee, a municipal corporation, (hereinafter called the “OWNER”), and First Horizon Bank, (hereinafter called the “Escrow Agent”), a national banking institution with offices at Memphis, Tennessee.