Common use of Designation of Escrow Agent Clause in Contracts

Designation of Escrow Agent. Buyer and Seller hereby designate and appoint the Escrow Agent as escrow agent to serve in accordance with the terms of this Escrow Agreement during the Escrow Period. The Escrow Agent hereby accepts such appointment and agrees to perform the duties set forth herein.

Appears in 1 contract

Samples: Escrow Agreement (XFormity Technologies, Inc.)

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Designation of Escrow Agent. 2.1 Each of the Buyer and the Seller hereby designate and appoint the Escrow Agent to act as the escrow agent to serve in accordance with for the terms purposes of this Escrow Agreement during the Escrow Period. Agreement. 2.2 The Escrow Agent hereby accepts such appointment and agrees to perform act as the duties escrow agent on the terms and conditions set forth out herein. 2.3 In discharging its duties under this Agreement, the Escrow Agent shall have regard only to the provisions hereof and no other agreement, document or instrument.

Appears in 1 contract

Samples: Escrow Agreement (PetroHunter Energy Corp)

Designation of Escrow Agent. Buyer and Seller Purchaser hereby designate and appoint Escrow Agent to serve as the escrow agent for the Escrow Agent as escrow agent to serve Payment in accordance with the terms of this Escrow Agreement during the Escrow Period. The Escrow Agent hereby accepts such appointment and agrees to perform the duties set forth hereinAgreement.

Appears in 1 contract

Samples: Escrow Agreement

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Designation of Escrow Agent. Buyer and Seller hereby designate and appoint the Escrow Agent as escrow agent to serve in accordance with the terms of this Escrow Agreement during the Escrow PeriodAgreement. The Escrow Agent hereby accepts such appointment and agrees to perform the duties set forth herein.

Appears in 1 contract

Samples: Escrow Agreement (MAGELLAN GOLD Corp)

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