Common use of Fees to Escrow Agent Clause in Contracts

Fees to Escrow Agent. In consideration of the services to be provided by the Escrow Agent hereunder, the Company agrees to pay the fees and related expenses to the Escrow Agent as outlined in Attachment I hereto. Additionally, should it become necessary for the Escrow Agent to perform extraordinary services in furtherance of the services to be provided by the Escrow Agent hereunder, the Escrow Agent shall be entitled to reasonable additional compensation therefore and reimbursement for reasonable out-of-pocket expenses, including, but not limited to, reasonable attorneys' fees.

Appears in 2 contracts

Sources: Escrow Agreement (CNL Strategic Residential Credit, Inc.), Escrow Agreement (CNL Strategic Residential Credit, Inc.)

Fees to Escrow Agent. In consideration of the services to be provided by the Escrow Agent hereunder, the Company agrees to pay the fees and related expenses to the Escrow Agent as outlined in Attachment I hereto. Additionally, should it become necessary for the Escrow Agent to perform extraordinary services in furtherance of the services to be provided by the Escrow Agent hereunder, the Escrow Agent shall be entitled to reasonable additional compensation therefore and reimbursement for reasonable out-of-pocket expenses, including, but not limited to, reasonable attorneys' fees.

Appears in 1 contract

Sources: Escrow Agreement (CNL Strategic Residential Credit, Inc.)