Common use of Discharge of Escrow Agent Clause in Contracts

Discharge of Escrow Agent. Upon the delivery of all of the subject matter or monies pursuant to the terms of this Escrow Agreement, the duties of Escrow Agent shall terminate and Escrow Agent shall be discharged from any further obligation hereunder.

Appears in 11 contracts

Samples: Asset Purchase Agreement (Hillman Companies Inc), Escrow Agreement, Escrow Agreement (AWA Group LP)

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Discharge of Escrow Agent. Upon Escrow Agent shall be discharged of its obligations hereunder upon the disbursement or delivery of all of the subject matter Contribution and any other funds or monies pursuant to documents held by it in accordance with the terms of this Escrow Agreement, the duties of Escrow Agent shall terminate and Escrow Agent shall be discharged from including any further obligation hereunderdelivery or disbursement pursuant to an interpleader action.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

Discharge of Escrow Agent. Upon the delivery of all of the subject matter or monies Cash Escrow Deposit and the Escrow Shares pursuant to the terms of this Escrow Agreement, the duties of the Escrow Agent shall terminate terminate, and the Escrow Agent shall be discharged from any further obligation hereunder.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement (STG Group, Inc.)

Discharge of Escrow Agent. Upon the delivery of all the entire balance of the subject matter or monies Fund pursuant to the terms of this Escrow Agreement, the duties of Escrow Agent shall terminate and Escrow Agent shall be discharged from any further obligation hereunder.

Appears in 2 contracts

Samples: Felba Escrow Agreement, Felba Escrow Agreement

Discharge of Escrow Agent. Upon the release, transfer and/or delivery of all of the subject matter or monies pursuant to the terms of this Escrow Agreement, the duties of the Escrow Agent shall terminate and the Escrow Agent shall be discharged from any further obligation hereunder.

Appears in 1 contract

Samples: Escrow Agreement (Kaixin Auto Holdings)

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Discharge of Escrow Agent. Upon the delivery of all of the subject matter or monies pursuant to the terms of this Escrow Agreement, the duties of Escrow Agent shall terminate and Escrow Agent shall be discharged from any further obligation hereunder.

Appears in 1 contract

Samples: Subscription Escrow Agreement

Discharge of Escrow Agent. Upon the delivery of all of the subject matter or monies Fund pursuant to the terms of this Escrow Agreement, the duties of Escrow Agent shall terminate and Escrow Agent shall be discharged from any further obligation hereunder.

Appears in 1 contract

Samples: Escrow Agreement (Geokinetics Inc)

Discharge of Escrow Agent. Upon Escrow Agent shall be discharged of its obligations hereunder upon the delivery of all of the subject matter or monies pursuant to Documents held by it in accordance with the terms of this Escrow Agreement, the duties of Escrow Agent shall terminate and Escrow Agent shall be discharged from including any further obligation hereunderdelivery pursuant to an interpleader action.

Appears in 1 contract

Samples: Escrow Agreement (CleanTech Innovations, Inc.)

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