New Escrow Agent. In the event of an appointment of a successor, the predecessor shall cease to be Escrow Agent of any funds, securities or other assets and records it may hold pursuant to this Escrow Agreement, and the successor shall become such Escrow Agent.
Appears in 4 contracts
Samples: Escrow Agreement (Transwitch Corp /De), Escrow Agreement (Transwitch Corp /De), Escrow Agreement (Lionbridge Technologies Inc /De/)
New Escrow Agent. In the event of an appointment of a successor, ---------------- the predecessor shall cease to be Escrow Agent of any funds, securities or other assets and records it may hold pursuant to this Escrow Agreement, and the successor shall become such Escrow Agent.
Appears in 3 contracts
Samples: Escrow Agreement (Transwitch Corp /De), Escrow Agreement (Transwitch Corp /De), Escrow Agreement (Transwitch Corp /De)
New Escrow Agent. In the event of an appointment of a ---------------- successor, the predecessor shall cease to be Escrow Agent of any funds, securities or other assets and records it may hold pursuant to this Escrow Agreement, and the successor shall become such Escrow Agent.
Appears in 2 contracts
Samples: Escrow Agreement (Transwitch Corp /De), Escrow Agreement (Transwitch Corp /De)
New Escrow Agent. In the event of an appointment of a successorsuccessor Escrow Agent, the predecessor shall cease to be Escrow Agent of any funds, securities or other assets and records it may hold pursuant to this Escrow Agreement, and the successor shall become such Escrow Agent.
Appears in 1 contract
Samples: Merger Agreement (Quanex Corp)
New Escrow Agent. In the event of an appointment of a successor, the predecessor shall cease to be Escrow Agent custodian of any funds, securities or other assets and records it may hold pursuant to this Escrow Agreement, and the successor shall become such Escrow Agentcustodian.
Appears in 1 contract
