Common use of Appointment and Agreement of Escrow Agent Clause in Contracts

Appointment and Agreement of Escrow Agent. Buyers and Seller hereby appoint the Escrow Agent to serve as, and the Escrow Agent hereby agrees to perform the duties of, escrow agent under this Escrow Agreement. This Escrow Agreement shall be administered at, and the Escrowed Funds (as defined below) held in, New York, New York, by the [name of department] of the Escrow Agent.

Appears in 1 contract

Sources: Stock Purchase Agreement (Landamerica Financial Group Inc)

Appointment and Agreement of Escrow Agent. Buyers and Seller [Escrow Agent] is hereby appoint the Escrow Agent to serve appointed as, and the [Escrow Agent Agent] hereby agrees to perform the duties of, escrow agent Escrow Agent under this Escrow Agreement. This Escrow Agreement shall be administered at, at and the Escrowed Funds (as defined below) funds held in, in New York, New York, by the [name of department] Escrow Department of the Escrow Agent, currently located at _______________________.

Appears in 1 contract

Sources: Master Agreement (Journal Register Co)