Common use of Discharge of Escrow Agent Clause in Contracts

Discharge of Escrow Agent. A. Escrow Agent will be deemed discharged if Developer removes all the Material from Escrow Agent's premises or requests that all material be removed, in writing. Except as otherwise provided herein, Developer may do this at any time, entirely in its discretion, by giving at least thirty (30) days' prior notice to Escrow Agent who, upon receipt of Developer's notice, shall notify all Users.

Appears in 2 contracts

Samples: Source Code Escrow Agreement, Source Code Escrow Agreement

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Discharge of Escrow Agent. A. Escrow Agent will be deemed discharged if Developer or Verified Owner removes all the Material from Escrow Agent's premises or requests that all material be removed, in writing. Except as otherwise provided herein, Developer or Verified Owner may do this at any time, entirely in its discretion, by giving at least thirty (30) days' prior notice to Escrow Agent who, upon receipt of Developer's Developer or Verified Owner’s notice, shall notify all Users.

Appears in 1 contract

Samples: End‐user License Agreement

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Discharge of Escrow Agent. A. Escrow Agent will be deemed to be discharged if in the event that Developer removes all the Material from Escrow Agent's premises or requests that all material be removed, in writingpremises. Except as otherwise provided herein, Developer may do this at any time, entirely in its discretion, by giving at least thirty (30) days' prior notice to Escrow Agent who, upon receipt of Developer's ’s notice, shall notify all Users.

Appears in 1 contract

Samples: Escrow Agreement

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