Common Contracts

ESCROW AGREEMENT

Escrow Agreement • December 23rd, 2019 • North Carolina

• Contract Type
  Escrow Agreement
• Filed
  December 23rd, 2019
• Jurisdiction
  North Carolina

This Escrow Agreement, dated as of this 31st day of December, 2019 (this “Escrow Agreement”), is entered into by and among MI Connection Communications System (d/b/a Continuum, a joint agency created under Article 20 of Chapter 160A of the North Carolina General Statutes) (“Seller”), the Town of Mooresville, North Carolina (“Mooresville”), the Town of Davidson, North Carolina (“Davidson” and together with Mooresville and Seller, “Seller Parties”) and TDS Broadband Service LLC, a Delaware limited liability company (“Purchaser”, and together with the Seller Parties, “Parties” and each, a “Party”), and Wells Fargo Bank, National Association, a national banking association organized under the laws of the United States, as escrow agent (the “Escrow Agent”).