Common use of NOW THIS AGREEMENT WITNESSETH AS UNDER Clause in Contracts

NOW THIS AGREEMENT WITNESSETH AS UNDER. 1. At the instance of the Licensee, the Escrow Agent has opened an Escrow Account being Account No. With (branch) in the name of solely for the proposes of this Agreement and to duly secure the interest of CMRL/LICENSOR. CMRL/LICENSOR and the Licensee hereby appoint Bank (address) and Bank hereby accepts the appointment as the Escrow Agent in respect of the amounts deposited in the Escrow Account and to hold and administer the proceeds in the said Escrow Account in accordance with the terms and conditions Contained herein.

NOW THIS AGREEMENT WITNESSETH AS UNDER. 1. At the instance of the Licensee, Licensee the Escrow Agent has opened an a Escrow Account being Account No. With ...………... with (branch) in the name of solely for the proposes purposes of this Agreement agreement and to duly secure the interest of CMRL/LICENSORDMRC in terms of the said License Agreement. CMRL/LICENSOR DMRC and the Licensee hereby appoint Bank Bank. ………………….. (address) and Bank hereby accepts the appointment as the Escrow Agent in respect of the amounts deposited in the Escrow Account and to hold and administer the proceeds in the said Escrow Account in accordance with the terms and conditions Contained contained herein.

NOW THIS AGREEMENT WITNESSETH AS UNDER. 1. At the instance of the Licensee, Licensee the Escrow Agent has opened an a Escrow Account being Account No. With ...………... with ……….... (branch) in the name of solely for the proposes purposes of this Agreement agreement and to duly secure the interest of CMRL/LICENSORDMRC in terms of the said License Agreement. CMRL/LICENSOR DMRC and the Licensee hereby appoint Bank Bank. ………………….. (address) and Bank hereby accepts the appointment as the Escrow Agent in respect of the amounts deposited in the Escrow Account and to hold and administer the proceeds in the said Escrow Account in accordance with the terms and conditions Contained contained herein.

NOW THIS AGREEMENT WITNESSETH AS UNDER. 1. At the instance of the Licensee, the Escrow Agent has opened an a Escrow Account being Account No. With with (branch) in the name of solely for the proposes of this Agreement and to duly secure the interest of CMRL/LICENSOR. CMRL/LICENSOR and the Licensee hereby appoint Bank (address) and Bank hereby accepts the appointment as the Escrow Agent in respect of the amounts deposited in the Escrow Account and to hold and administer the proceeds in the said Escrow Account in accordance with the terms and conditions Contained contained herein.