Common use of Covenant of Escrow Agent Clause in Contracts

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to the Parent and the Holder Representative that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 2 contracts

Samples: Escrow Agreement (Tattooed Chef, Inc.), Escrow Agreement (Forum Merger II Corp)

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Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to the Parent Sponsor and the Holder Representative Parent that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 2 contracts

Samples: Escrow Agreement (Tattooed Chef, Inc.), Escrow Agreement (Forum Merger II Corp)

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to the Parent with Buyer and the Holder Representative Holdings that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property Fund to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 2 contracts

Samples: Temporary Escrow Agreement (Horizon Pharma, Inc.), Transaction Agreement and Plan of Merger (Horizon Pharma, Inc.)

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to with the Parent and the Holder Representative Parties that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property Funds to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 2 contracts

Samples: Escrow Agreement (Digital Landscape Group, Inc.), Escrow Agreement

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to with the Parent Sellers’ Representative and the Holder Representative Buyer that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property Funds to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 2 contracts

Samples: Escrow Agreement (Quaker Chemical Corp), Escrow Agreement (Gulf Hungary Holding Korlatolt Felelossegu Tarsasag)

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to with the Parent and the Holder Representative Company that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property Funds to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 1 contract

Samples: Escrow Agreement (Thestreet, Inc.)

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to with the Parent and the Holder Representative Parties that it shall will perform all of its obligations under this Agreement and shall will not deliver custody or possession of the Document Deposit or any of the Escrow Property Fund to anyone except pursuant to the express terms of this Agreement or as otherwise required by lawAgreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Transgenomic Inc)

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to the Parent with Buyer and the Holder Seller Party Representative that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property Funds to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 1 contract

Samples: Escrow Agreement (Genetic Technologies LTD)

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Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to the Parent with Buyer and the Holder Representative Company that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property Funds to anyone except pursuant to the express terms of this Agreement or as otherwise required by law. 11.

Appears in 1 contract

Samples: Asset Purchase Agreement (Village Super Market Inc)

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to with the Parent Lender and the Holder Representative Company that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property Amount to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 1 contract

Samples: Escrow Agreement (RMG Networks Holding Corp)

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to with the Parent and the Holder Representative Company that it shall perform all of its obligations under this Agreement and shall not deliver custody or possession of any of the Escrow Property Funds to anyone except pursuant to the express terms of this Agreement or as otherwise required by law.

Appears in 1 contract

Samples: Escrow Agreement (Imageware Systems Inc)

Covenant of Escrow Agent. The Escrow Agent hereby agrees with and covenants to with the Parent and the Holder Representative parties hereto that it shall will perform all of its obligations under this Agreement and shall will not deliver custody or possession of any of the Escrow Property Fund to anyone except pursuant to the express terms of this Agreement or as otherwise required by lawAgreement.

Appears in 1 contract

Samples: Escrow Agreement (Smithfield Foods Inc)

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