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Common use of Escrow of Deposit Clause in Contracts

Escrow of Deposit. The Deposit shall be held by Escrow Agent, in escrow, pursuant to the terms and provisions set forth and contained in this Master Purchase and Sale Agreement.

Appears in 2 contracts

Sources: Master Purchase and Sale Agreement (Hersha Hospitality Trust), Master Purchase and Sale Agreement (Hersha Hospitality Trust)

Related Clauses

  • Escrow Deposit
  • Release of Deposit
  • Escrow of Funds
  • Disbursement of the Escrow Shares
  • Escrow Account

Parent Clauses

  • Purchase Price
  • Purchase Price Acceptable Funds and Escrow of Deposit
  • Deposit; Cash Credit
  • Conversion of Shares Payment for Shares
  • Payment for Shares

Sub-Clauses

  • Escrow Agent
  • Manner of Holding
  • Limitation of Liability
  • APPLICATION OF ESCROW FUNDS
  • CONFLICTING DEMANDS
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