Deduction of Fees. If the Escrow Agent resigns or is removed under Section 4.7, the Escrow Agent shall be entitled, before delivery to any Party of the Escrowed Funds, to deduct any amounts owing to it in respect to outstanding fees, disbursements and interest thereon.
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Samples: Share Purchase Agreement
Deduction of Fees. If the Escrow Agent resigns or is removed under pursuant to this Section 4.712, the Escrow Agent shall be entitled, before prior to delivery to any Party party of the Escrowed FundsEscrow Amount, to deduct any amounts owing to it in respect to outstanding fees, Fees and disbursements and interest thereonthis Agreement shall terminate and the Escrow Agent shall have no further duties and obligations under this Agreement.
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Samples: Stock Purchase Agreement (Wayside Technology Group, Inc.)
Deduction of Fees. If the Escrow Agent resigns or is removed under pursuant to this Section 4.711, the Escrow Agent shall be entitled, before prior to delivery to any Party party of the Escrowed FundsEscrow Amount, to deduct from the Escrow Amount any amounts owing to it in respect to outstanding fees, disbursements and interest thereonthereon whereupon this Agreement shall terminate and the Escrow Agent shall have no further duties and obligations under this Agreement.
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Samples: Asset Purchase Agreement
Deduction of Fees. If the Escrow Agent resigns or is removed under pursuant to this Section 4.712, the Escrow Agent shall be entitled, before prior to delivery to any Party party of the Escrowed FundsEscrow Amount, to deduct from the Escrow Amount any amounts owing to it in respect to outstanding fees, disbursements and interest thereonthereon whereupon this Agreement shall terminate and the Escrow Agent shall have no further duties and obligations under this Agreement.
Appears in 1 contract
Samples: Asset Purchase Agreement
Deduction of Fees. If the Escrow Agent resigns or is removed under pursuant to this Section 4.78, the Escrow Agent shall be entitled, before prior to delivery to any Party party of the Escrowed FundsEscrow Amount, to deduct any amounts owing to it in respect to outstanding and unpaid fees, disbursements and interest thereonthereon whereupon this Agreement shall terminate and the Escrow Agent shall have no further duties and obligations under this Agreement.
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