Bank shall hold all such deposits in a single escrow account (the "Escrow Account") which shall only be released or refunded as follows: 1. "Qualified Escrow Fund" means an escrow arrangement with a federally or state chartered financial institution having no affiliation with any tobacco Product.Escrow Agreement filled out in its entirety (No copies, white-out or faxed copies all original signatures). Agent shall not be liable or responsible for loss in the value of any investment made pursuant to this Escrow Agreement, or for any loss, cost or penalty. An escrow agreement is a legal document outlining the terms and conditions between parties involved in an escrow arrangement. An escrow holdback becomes the easy solution for completing the transaction, while pushing an issue like possession or repairs to a later date. The Escrow Bank shall hold and safeguard the Escrow Account during the term of this Agreement and shall treat the amount in the Escrow Account as monies. An escrow holdback becomes the easy solution for completing the transaction, while pushing an issue like possession or repairs to a later date. The Escrow Bank shall hold and safeguard the Escrow Account during the term of this Agreement and shall treat the amount in the Escrow Account as monies.
