Common use of Appointment of Escrow Agent Clause in Contracts

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunder, and the Escrow Agent agrees to act as such.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Vitalstream Holdings Inc), Escrow Agreement (BPC Holding Corp), Escrow and Pledge Agreement (Opus360 Corp)

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Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunderin accordance with the terms hereof, and the Escrow Agent agrees to act as suchhereby accepts such appointment. Escrow Agent shall have all the rights, powers, duties and obligations provided herein.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Washington Group International Inc), Asset Purchase Agreement (Image Entertainment Inc), Stock Escrow and Lock in Agreement (Historic Bellefonte Brewery Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunder, and the Escrow Agent agrees hereby accepts such appointment. The Escrow Agent shall act in accordance with the instructions set forth in this Escrow Agreement and any further instructions given to act as suchit by written instrument signed by Lakota and Purchaser.

Appears in 3 contracts

Samples: Escrow Agreement (Lakota Technologies Inc), Escrow Agreement (Lakota Technologies Inc), Escrow Agreement (Lakota Technologies Inc)

Appointment of Escrow Agent. The Escrow Agent hereby is hereby appointed to act as escrow agent hereunderin accordance with the terms of this Agreement, and the Escrow Agent agrees to act as suchhereby accepts such appointment. Escrow Agent will have all the rights, powers, duties and obligations provided in this Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Indigo-Energy, Inc.), Escrow Agreement (In Store Media Systems Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunder, and the Escrow Agent agrees hereby accepts such appointment. The Escrow Agent shall act in accordance with the instructions set forth in this Escrow Agreement and any further instructions given to act as suchit by written instrument signed by PSI and Purchaser.

Appears in 2 contracts

Samples: Escrow Agreement (Pacific Sands Inc), Escrow Agreement (Pacific Sands Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunderunder this Escrow Agreement to perform the services described herein, and the Escrow Agent agrees to act as suchhereby accepts such appointment.

Appears in 2 contracts

Samples: Consolidation Agreement (Bay Bancshares Inc), Consolidation Agreement (Bay Bancshares Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby constituted and appointed as escrow agent, and hereby accepts its appointment and agrees to act as escrow agent hereunder, pursuant to the terms and the Escrow Agent agrees to act as suchconditions of this Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Guardian International Inc), Escrow Agreement (Medical Staffing Network Holdings Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunder, Escrow Agent hereunder and agrees to accept and to hold the Escrow Agent agrees to act Deposit (as suchdefined in Article II hereof) in accordance with the terms hereof.

Appears in 2 contracts

Samples: Escrow Agreement (President Casinos Inc), Escrow Agreement (President Casinos Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed by the other parties hereto to act as escrow agent hereunder, . The Escrow Agent hereby accepts such appointment and agrees to hold and administer the Escrow Agent agrees Fund (as defined below) in accordance with the terms and subject to act as suchthe conditions set forth herein.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Fidelity Leasing Inc), Stock Purchase Agreement (Resource America Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby designated and appointed to act as escrow agent hereunder, and of the Escrow for purposes of holding and releasing the Documents in accordance with the terms of this Agreement. Escrow Agent hereby accepts such appointment and agrees to act as suchhold and release the Documents in accordance with the terms of this Agreement. Landlord shall be responsible for payment of any fees due to Escrow Agent in connection with the performance by Escrow Agent of its duties hereunder.

Appears in 1 contract

Samples: Office Lease (Salix Pharmaceuticals LTD)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed agrees to act as escrow agent hereunder, in accordance with the terms and the conditions of this Escrow Agent agrees to act as suchAgreement.

Appears in 1 contract

Samples: Purchase Agreement (Red Lion Hotels CORP)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to --------------------------- act as escrow agent hereunderin accordance with the terms hereof, and the Escrow Agent agrees to act as suchhereby accepts such appointment. Escrow Agent shall have all the rights, powers, duties and obligations provided herein.

Appears in 1 contract

Samples: Escrow Agreement (Corinthian Colleges Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed by the other parties hereto to act as escrow agent hereunder, and the . The Escrow Agent hereby accepts such appointment and agrees to act hold and administer the Fund (as suchdefined below) in accordance with the terms and subject to the conditions set forth herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tab Products Co)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunderin accordance with the terms of this Agreement, and the Escrow Agent agrees to act as suchhereby accepts such appointment. Escrow Agent shall have all the rights, powers, duties and obligations set forth in this Agreement and no others.

Appears in 1 contract

Samples: Defense and Escrow Agreement (Gta-Ib, LLC)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunderin accordance with the terms of this Agreement, and the Escrow Agent agrees to act as suchhereby accepts such appointment. Escrow Agent has all the rights, powers, duties and obligations provided in this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Power One Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunder, hereunder and the Escrow Agent agrees to act as such, pursuant to the terms hereinafter set forth.

Appears in 1 contract

Samples: Escrow Agreement (Armor Holdings Inc)

Appointment of Escrow Agent. The Escrow Issuer hereby appoints Escrow Agent is hereby appointed to act as escrow agent hereunderfor the purposes described in this Agreement, and the Escrow Agent does hereby accept the appointment as escrow agent and agrees to act as suchin accordance with the terms and conditions described in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Cincinnati Bell Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed agrees to act as escrow agent hereunder, in accordance with the terms and the conditions of this Escrow Agent agrees to act as suchAgreement. 2.

Appears in 1 contract

Samples: Hotel Purchase Agreement

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunderin accordance with the instructions specifically set forth herein, and no implied covenants or obligations shall be read into this Escrow Agreement against the Escrow Agent agrees to act as suchAgent.

Appears in 1 contract

Samples: Stock Purchase Agreement (Compass International Services Corp)

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Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunderin accordance with the terms hereof, and the Escrow Agent agrees to act as suchhereby accepts such appointment. Escrow Agent shall have all the rights, powers, duties and obligations provided herein.

Appears in 1 contract

Samples: Escrow Agreement (Advanced Photonix Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunderin --------------------------- accordance with the terms hereof, and the Escrow Agent agrees to act as suchaccepts such appointment.

Appears in 1 contract

Samples: Escrow Agreement (HCC Industries International)

Appointment of Escrow Agent. The Escrow Agent hereby is hereby appointed to act as escrow agent hereunder, Escrow Agent hereunder and agrees to accept and to hold the Escrow Deposit (as hereinafter defined) in accordance with the terms hereof. The Escrow Agent agrees will hold and distribute the Escrow Deposit, including all income earned thereon, in accordance with and subject to act as suchthe express provisions of this Escrow Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Genesee Corp)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act and designated as escrow agent hereunderthe Escrow Agent for the purposes set forth herein, and the Escrow Agent agrees hereby accepts such appointment subject to act as suchthe provisions hereof.

Appears in 1 contract

Samples: Escrow Agreement (Consolidated Graphics Inc /Tx/)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed agrees to act as escrow agent hereunderand to hold, safeguard and disburse the Escrow Agent agrees Account pursuant to act as suchthe terms and conditions hereof.

Appears in 1 contract

Samples: Escrow Agreement (On Assignment Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunder, and the Escrow Agent agrees hereby accepts such appointment. The Escrow Agent shall act in accordance with the instructions set forth in this Escrow Agreement and any further instructions given to act as suchit by written instrument signed by Revenge and Purchaser.

Appears in 1 contract

Samples: Securities Subscription Agreement (Revenge Marine Inc)

Appointment of Escrow Agent. The Escrow Agent [XXXXX] is hereby appointed to act as escrow agent hereunderEscrow Agent in accordance with the terms hereof, and the [XXXXX] hereby accepts such appointment. The Escrow Agent agrees to act as suchshall have all the rights, powers, protections, duties, and obligations expressly provided herein.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Appointment of Escrow Agent. 3.1 The Escrow Agent is hereby appointed to act as escrow agent hereunder, upon the terms and conditions of this Escrow Agreement. 3.2 The sole duties of the Escrow Agent agrees shall be to act as suchin accordance with the provisions of this Escrow Agreement, which the Escrow Agent is hereby unconditionally and irrevocably authorised and instructed to do by each of the parties hereto.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Flextronics International LTD)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunder, Escrow Agent hereunder and agrees to accept and to hold the Escrow Agent agrees to act as suchSecurities in accordance with the terms hereof.

Appears in 1 contract

Samples: Escrow Agreement (PHP Healthcare Corp)

Appointment of Escrow Agent. The Corporation hereby appoints the Escrow Agent is hereby appointed to act as escrow agent hereunderin accordance with the terms and conditions set forth herein, and the Escrow Agent agrees to act as suchhereby accepts such appointment.

Appears in 1 contract

Samples: Escrow Agreement (Petsvetsandyou Com Inc)

Appointment of Escrow Agent. The Xxxxxx hereby appoints Escrow Agent is as the escrow agent under this Agreement on the terms and conditions set forth herein. Escrow Agent hereby appointed to act accepts its appointment as escrow agent hereunder, and the Escrow Agent agrees to act as suchcarry out the duties and responsibilities set forth herein.

Appears in 1 contract

Samples: Escrow Agreement (Miller Petroleum Inc)

Appointment of Escrow Agent. The Escrow Agent is hereby appointed to act as escrow agent hereunder, and the Escrow Agent agrees to act as suchsuch as expressly set forth in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Gsi Group Inc)

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