Common use of Appointment of and Acceptance by Escrow Agent Clause in Contracts

Appointment of and Acceptance by Escrow Agent. The Escrow Issuers, Cequel and the Trustee hereby appoint the Escrow Agent to serve as escrow agent hereunder. The Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Initial Deposit (as defined below) in accordance with Section 2 hereof, agrees to hold, invest and disburse the Escrow Property (as defined below) in accordance with this Agreement.

Appears in 1 contract

Samples: Escrow and Security Agreement

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Appointment of and Acceptance by Escrow Agent. The Escrow Issuers, Cequel Issuer and the Trustee Investor hereby appoint the Escrow Agent to serve as escrow agent hereunder. The Escrow Agent hereby xxxxxx accepts such appointment and, upon receipt by wire transfer of the Initial Deposit (as defined below) Escrow Assets, in accordance with Section 2 hereofS ection 3 below, agrees to hold, invest and disburse upon receipt, the Escrow Property (as defined below) Assets in accordance with this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Safe & Green Holdings Corp.)

Appointment of and Acceptance by Escrow Agent. The Escrow Issuers, Cequel Issuer and the Trustee Investor hereby appoint the Escrow Agent to serve as escrow agent hereunder. The Escrow Agent hereby xxxxxx accepts such appointment and, upon receipt by wire transfer of the Initial Deposit (as defined below) Escrow Assets, in accordance with Section 2 hereof3 below, agrees to hold, invest and disburse upon receipt, the Escrow Property (as defined below) Assets in accordance with this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Safe & Green Development Corp)

Appointment of and Acceptance by Escrow Agent. The Escrow Issuers, Cequel User and the Trustee Contractor hereby appoint the Escrow Xxxxxx Agent to serve as escrow agent hereunder. The Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Initial Deposit (as defined below) Escrow Funds in accordance with Section 2 hereof3 below, agrees to hold, invest hold and disburse the Escrow Property (as defined below) Funds in accordance with this Escrow Agreement.

Appears in 1 contract

Samples: Energy Management Services Agreement

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Appointment of and Acceptance by Escrow Agent. The Escrow Issuers, Cequel Issuer and the Trustee Underwriter hereby appoint the Escrow Agent to serve as escrow agent hereunder. The Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Initial Deposit (as defined below) deposits in accordance with Section 2 hereof3 below, agrees to hold, invest hold and disburse the Escrow Property (as defined below) Fund in accordance with this Escrow Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Stratus Services Group Inc)

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