Common Contracts
1 similar Maintenance Escrow Agreement contracts
MAINTENANCE ESCROW AGREEMENTMaintenance Escrow Agreement • March 20th, 2019
THIS AGREEMENT made pursuant to Town of Kernersville Watershed Protection and Stormwater Ordinances, and entered into this day of , 20___, by and between The TOWN OF KERNERSVILLE, a North Carolina municipal corporation, party of the first part (hereinafter referred to as “Town”; and [Insert Name of Developer] (hereinafter referred to as “Developer”), and [Insert Homeowners or Association name] (hereinafter referred to as the “Association”) parties of the second part, hereby employ [Insert Name of the Escrow Officer] of [Insert Name of the Bank], as Escrow Agent party of the third part (hereinafter referred to as "Escrow Agent"), with its principal place of business at [Insert Full Address of Escrow Officer office], and in connection with the Stormwater Control Measures of [Insert Name of the Development or project] project at [Insert Full Address of Project or Development].
