Common use of Appointment; Establishment of Escrow Account; Investment of Funds Clause in Contracts

Appointment; Establishment of Escrow Account; Investment of Funds. (a) The Interested Parties hereby appoint the Escrow Agent as escrow agent for the purposes set forth herein, and the Escrow Agent xxxxxx accepts such appointment and agrees to act as escrow agent hereunder, to hold and release the Escrow Property (as defined below) in accordance with the terms and conditions set forth herein.

Appears in 2 contracts

Samples: Release Agreement (Sotera Health Co), Release Agreement (Sotera Health Co)

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Appointment; Establishment of Escrow Account; Investment of Funds. (a) The Interested Parties Company hereby appoint appoints the Escrow Agent as escrow agent for the purposes set forth herein, and the Escrow Agent xxxxxx hxxxxx accepts such appointment and agrees to act as escrow agent hereunder, to hold and release the Escrow Escrowed Property (as defined below) in accordance with the terms and conditions set forth herein.

Appears in 2 contracts

Samples: Forward Share Purchase Agreement (Lavoro LTD), Escrow Agreement (TPB Acquisition Corp I)

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