Common use of Transfers into the Escrow Account Clause in Contracts

Transfers into the Escrow Account. Simultaneously with the execution and delivery of this Agreement, BEEOO shall deposit the sum of $100 (the "Escrowed Proceeds") with the Escrow Agent in immediately available funds, for deposit into the Escrow Account. The Escrowed Proceeds shall be held by the Escrow Agent upon the terms and conditions hereinafter set forth. The Escrowed Proceeds, plus all interest, dividends and other distributions and payments thereon (collectively, the “Distributions”) received by the Escrow Agent, less any funds distributed or paid in accordance with this Agreement, are collectively referred to herein as the “Escrow Property”. Hereafter from time to time BEEOO shall deposit with the Escrow Agent for deposit into the Escrow Account payments required under Section 7.07.02(a) of the PSA Agreement and shown on Schedule 2 attached hereto.

Transfers into the Escrow Account. Simultaneously with the execution and delivery of this Agreement, BEEOO shall deposit the sum of $100 (the "“Escrowed Proceeds"”) with the Escrow Agent in immediately available funds, for deposit into the Escrow Account. The Escrowed Proceeds shall be held by the Escrow Agent upon the terms and conditions hereinafter set forth. The Escrowed Proceeds, plus all interest, dividends and other distributions and payments thereon (collectively, the “Distributions”) received by the Escrow Agent, less any funds distributed or paid in accordance with this Agreement, are collectively referred to herein as the “Escrow Property”. Hereafter from time to time BEEOO shall deposit with the Escrow Agent for deposit into the Escrow Account payments required under Section 7.07.02(a7.07.01(c) of the PSA Agreement and shown on Schedule 2 attached hereto.