Common use of Fees to Escrow Agent Clause in Contracts

Fees to Escrow Agent. Company shall compensate the Escrow Agent for its services hereunder in accordance with Exhibit “A” attached hereto and, in addition, shall reimburse the Escrow Agent for all of its reasonable out-of-pocket expenses, including attorneys’ fees, travel expenses, telephone and facsimile transmission costs, postage (including express mail and overnight delivery charges), copying charges and the like. The additional provisions and information set forth on Exhibit “A” are hereby incorporated by this reference, and form a part of this Escrow Agreement. All of the compensation and reimbursement obligations set forth in this Section 11 shall be payable by Company upon demand by the Escrow Agent. The obligations of Company under this Section 11 shall survive any termination of this Escrow Agreement and the resignation or removal of the Escrow Agent. Notwithstanding anything contained in this Agreement to the contrary, in no event shall any fee, reimbursement for costs and expenses, indemnification for any damages incurred by the Escrow Agent or monies whatsoever be paid out of or chargeable to the Escrowed Funds in the Escrow Account.