Common use of Escrow Cancellation Charges Clause in Contracts

Escrow Cancellation Charges. If the Closing does not occur because of the default of a Party, the defaulting Party shall bear all Escrow Cancellation Charges. 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. As used herein, “Escrow Cancellation Charges” means all fees, charges and expenses incurred by Escrow Holder or third parties engaged by ▇▇▇▇▇▇ ▇▇▇▇▇▇, as well as all expenses related to the services of the Title Company in connection with other title matters.

Appears in 1 contract

Sources: Purchase and Sale Agreement

Escrow Cancellation Charges. If the Closing does not occur because of the default of a Party, the defaulting Party shall bear all Escrow Cancellation Charges. 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. As used herein, “Escrow Cancellation Charges” means all fees, charges and expenses incurred by Escrow Holder or third parties engaged by ▇▇▇▇▇▇ ▇▇▇▇▇▇Escrow Holder, as well as all expenses related to the services of the Title Company in connection with other the title matters.

Appears in 1 contract

Sources: Purchase and Sale Agreement

Escrow Cancellation Charges. If the Closing does not occur because of the default of a Party, the defaulting Party shall bear all Escrow Cancellation Charges. 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. As used herein, “Escrow Cancellation Charges” means all fees, charges and expenses incurred by Escrow Holder or third parties engaged by ▇▇▇▇▇▇ ▇▇▇▇▇▇Escrow Holder, as well as all expenses related to the services of the Title Company in connection with the issuance of the Preliminary Report and other title matters.

Appears in 1 contract

Sources: Purchase and Sale Agreement

Escrow Cancellation Charges. If the Closing does not occur because of the default of a Party, the defaulting Party shall bear all Escrow Cancellation Charges. 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. As used herein, “Escrow Cancellation Charges” means all fees, charges and expenses incurred by Escrow Holder or third parties engaged by ▇▇▇▇▇▇ ▇▇▇▇▇▇Escrow Holder, as well as all expenses related to the services of the Title Company in connection with other title mattersmatters related to this transaction.

Appears in 1 contract

Sources: Purchase and Sale Agreement

Escrow Cancellation Charges. If the Closing does not occur because of the default of a Party, the defaulting Party shall bear all Escrow Cancellation Charges. If the Closing does not occur for any reason other than the a default of a Party, then Buyer and Seller shall each pay one-half (½1/2) of any Escrow Cancellation Charges. As used herein, “Escrow Cancellation Charges” means all fees, charges and expenses incurred by Escrow Holder or third parties engaged by ▇▇▇▇▇▇ ▇▇▇▇▇▇Escrow Holder, as well as all expenses related to the services of the Title Company in connection with the issuance of the Preliminary Report and other title matters.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Palm Inc)

Escrow Cancellation Charges. If the Closing does not occur because of the default of a Party, the defaulting Party shall bear all Escrow Cancellation Charges. If the Closing does not occur for any reason other than the default of a Party, then Buyer and Seller shall each pay one-half (½1/2) of any Escrow Cancellation Charges. As used herein, "Escrow Cancellation Charges" means all fees, charges and expenses incurred by Escrow Holder or third parties engaged by ▇▇▇▇▇▇ ▇▇▇▇▇▇Escrow Holder, as well as all expenses related to the services of the Title Company in connection with the issuance of the Preliminary Report and other title matters.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Homefed Corp)