Common use of Delay Fee Escrow Fund Clause in Contracts

Delay Fee Escrow Fund. Pursuant to Section 2.2.1(b) of the ASSA, the Purchaser may from time to time deliver Delay Fee Payments to the Escrow Agent following written notice to the Escrow Agent of each such deposit. Any and all Delay Fee Payments delivered to the Escrow Agent, together with any and all interest or profit thereon, or proceeds therefrom, from time to time held by the Escrow Agent pursuant to the terms hereof are herein collectively referred to as the “Delay Fee Escrow Fund.”