Common use of Escrow Agent’s Fee Clause in Contracts

Escrow Agent’s Fee. The Escrow Agent shall be entitled to compensation from the Permittee for its services under this Escrow Agreement in accordance with the fee schedule attached to this Escrow Agreement as Exhibit A. The attached fee schedule constitutes full compensation to the Escrow Agent for services contemplated by this Escrow Agreement. The Escrow Agent is authorized to compensate itself from Escrow Account funds in accordance with the attached schedule following thirty (30) calendar days prior written notice to Permittee. The Escrow Account shall be replenished by the Permittee as required by Paragraph 3 above.