Common use of Escrow Fee Clause in Contracts

Escrow Fee. The Buyer and Seller appoint the Escrow Agent to hold ▇▇▇▇▇▇▇ money (“Escrow Funds”) and to oversee that the terms of the Seller’s obligations are met in accordance with this Addendum. Escrow Agent shall be paid _ Dollars ($ ) for their efforts in this appointment.

Appears in 2 contracts

Sources: Escrow Holdback Addendum, Escrow Holdback Addendum

Escrow Fee. The Buyer and Seller appoint the Escrow Agent to hold ▇▇▇▇▇▇▇ money (“Escrow Funds”) and to oversee that the terms of the Seller’s obligations are met in accordance with this Addendum. Escrow Agent shall be paid ______________________ Dollars ($ $______________________) for their efforts in this appointment.

Appears in 1 contract

Sources: Escrow Holdback Addendum