Common use of Escrow Agent Compensation Clause in Contracts

Escrow Agent Compensation. (i) Escrow Agent and any Acceptable Replacement Escrow Agent shall be compensated pursuant to a separate agreement between the Company and Escrow Agent or such Acceptable Replacement Escrow Agent. (ii) Escrow Agent shall be entitled to disburse from the Interest Escrow Account all amounts due to Escrow Agent as compensation for services to be performed by Escrow Agent under this Agreement (as determined by agreement with the Company or pursuant to Section 2(c)(ii)). The final payment pursuant to this Section 2(c)(ii) shall be prorated if for a partial month.

Appears in 2 contracts

Sources: Interest Escrow Agreement (Echostar DBS Corp), Indenture (Echostar DBS Corp)