Examples of Escrow Cancellation Charges in a sentence
If the Closing does not occur because of the default of a Party, the defaulting Party shall bear all Escrow Cancellation Charges.
In this event, any Escrow Cancellation Charges in connection with the termination shall be shared one-half (½) by Buyer and one-half (½) by Seller.
If the Closing does not occur for any reason other than the default of a Party, Buyer and Seller shall each pay one-half (½) of any Escrow Cancellation Charges.
JOINT ESCROW INSTRUCTIONS 41 9.1 Opening of Escrow 41 9.2 Escrow Instructions 41 9.3 Escrow Agent’s Authority 42 9.4 CSU’s Escrow Deposits 42 9.5 City’s Escrow Deposits 42 9.6 Closing Procedure 43 9.7 Timing of Closing 43 9.8 Closing Statements and Escrow Costs 45 9.9 Prorated Items 46 9.10 Escrow Cancellation Charges 47 9.11 Escrow Cancellation 47 9.12 Report to IRS 47 10.
If Buyer elects to terminate Escrow pursuant to this Section 14.1, then (a) Buyer and Seller shall each pay one-half (½) of all Escrow Cancellation Charges, (b) Escrow Holder shall pay the Deposit (less the Non- Refundable Deposit) to Buyer, (c) Escrow Holder shall pay the Non-Refundable Deposit to Seller, (d) Escrow Holder shall immediately return all other documents, instruments and moneys to the Party that deposited same, and (e) the Escrow shall be terminated.
In this event, any Escrow Cancellation Charges in connection with the termination shall be shared one-half (½) by Xxxxx and one-half (½) by Seller.
If Buyer elects to terminate Escrow pursuant to this Section 15.1, then (a) Buyer and Seller shall each pay one- half (½) of all Escrow Cancellation Charges, (b) Escrow Holder shall pay the Deposit (less the Non-Refundable Deposit) to Buyer, (c) Escrow Holder shall pay the Non-Refundable Deposit to Seller, (d) Escrow Holder shall immediately return all other documents, instruments and moneys to the Party that deposited same, and (e) the Escrow shall be terminated.
If the Close of Escrow does not occur for any reason other than the default of a party, then Buyer and Seller shall each pay fifty percent (50%) of any Escrow Cancellation Charges.
If Buyer elects to terminate Escrow pursuant to this Section 14.1, then (a) Buyer and Seller shall each pay one-half (1/2) of all Escrow Cancellation Charges, (b) Escrow Holder shall pay the Deposit to Buyer, (c) Escrow Holder shall immediately return all other documents, instruments and moneys to the Party that deposited same, and (d) the Escrow shall be terminated.
Notwithstanding the foregoing, if after RVJ has delivered RVJ’s Election Notice and this Agreement is terminated by RVJ, except in the event of DISTRICT’s default, RVJ shall pay all Escrow Cancellation Charges.