Concerning any Successor Escrow Agent. (a) Every successor Xxxxxx Agent appointed hereunder shall execute, acknowledge and deliver to its predecessor Xxxxxx Agent, the Authority and the Institution an instrument in writing accepting such appointment hereunder as fiduciary for the Purchaser of the Bonds. Thereupon such successor, without any further act, deed or conveyance, shall become fully vested with all the estates, properties, rights, powers, trusts, duties and obligations of its predecessors.
Concerning any Successor Escrow Agent. Every successor Escrow Agent appointed hereunder shall execute, acknowledge and deliver to its predecessor and also to the Shareholders and quepasa an instrument in writing accepting such appointment hereunder, and thereupon such successor shall become fully vested with all the trusts, powers, rights, obligations, duties, remedies, immunities and privileges of its predecessor as if originally named herein; but, nevertheless, (i) such predecessor shall, on the written request of the Shareholders or quepasa, or such successor, execute and deliver an instrument transferring
Concerning any Successor Escrow Agent. Every successor Escrow Agent appointed hereunder shall execute, acknowledge and deliver to its predecessor and also to the Shareholder Representative and Quepasa an instrument in writing accepting such appointment hereunder, and thereupon such successor shall become fully vested with all the trusts, powers, rights, obligations, duties, remedies, immunities and privileges of its predecessor as if originally named herein; but, nevertheless, (i) such predecessor shall, on the written request of the Shareholder Representative or Quepasa, or such successor, execute and deliver an instrument transferring to such successor Escrow Agent all the trusts, powers, rights, obligations, duties, remedies, immunities and privileges of such predecessor hereunder and (ii) such predecessor shall deliver all of the Escrowed Shares to its successor. Should any instrument in writing from the Shareholder Representative, the Shareholders or Quepasa be required by any successor Escrow Agent for more fully and certainly vesting in such successor, any and all such instruments in writing shall, on request, be executed, acknowledged and delivered by the Shareholders, the Shareholder Representative or Quepasa at the expense of Quepasa and the Shareholders.
Concerning any Successor Escrow Agent. Every successor Escrow Agent appointed hereunder shall execute, acknowledge and deliver to its predecessor and also to ASTIHL and August an instrument in writing accepting such appointment hereunder, and thereupon such successor shall become fully vested with all the trusts, powers, rights, obligations, duties, remedies, immunities and privileges of its predecessor as if originally named herein; but, nevertheless: (i) such predecessor shall, on the written request of ASTIHL or August, or such successor, execute and deliver an instrument transferring to such successor Escrow Agent all the trusts, powers, rights, obligations, duties, remedies, immunities and privileges of such predecessor hereunder; and (ii) such predecessor shall deliver all of the Escrow Shares to its successor. Should any instrument in writing from ASTIHL or August be required by any successor Escrow Agent for more fully and certainly vesting in such successor, any and all such instruments in writing shall, on request, be executed, acknowledged and delivered by the Escrow Agent, ASTIHL or August at the expense of August and the ASTIHL.
