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Common use of Acceptance by Escrow Agent Clause in Contracts

Acceptance by Escrow Agent. By execution of this Agreement, the Escrow Agent accepts the duties and obligations as Escrow Agent hereunder. The Escrow Agent further represents that it has all requisite power, and has taken all corporate actions necessary to execute the trust hereby created.

Appears in 2 contracts

Samples: Escrow Deposit Trust Agreement, Escrow Agreement

Acceptance by Escrow Agent. By execution of this Escrow Agreement, the Escrow Agent accepts the duties and obligations as Escrow Agent hereunder. The Escrow Agent further represents that it has all requisite power, and has taken all corporate actions necessary to execute the trust hereby created.

Appears in 1 contract

Samples: Escrow Agreement

Acceptance by Escrow Agent. By execution of this Escrow Agreement, the Escrow Agent accepts the duties and obligations as Escrow Agent escrow agent hereunder. The Escrow Agent further represents that it has all requisite power, and has taken all corporate actions necessary to execute the trust hereby created.

Appears in 1 contract

Samples: Escrow Agreement (Catalina Lighting Inc)

Acceptance by Escrow Agent. By execution of this Agreement, the Escrow Agent accepts the duties and obligations as Escrow Agent hereunder. The Escrow Agent further represents that it has all requisite power, power and has taken all corporate actions necessary to execute the trust hereby created.

Appears in 1 contract

Samples: Escrow Deposit Trust Agreement