Common use of Resignation and Removal of Escrow Agent Clause in Contracts

Resignation and Removal of Escrow Agent. (a) The Escrow Agent may at any time resign as Escrow Agent hereunder by giving written notice of its resignation to each of the parties hereto, at their respective addresses set forth in Section 9 of this Agreement, at least thirty (30) days prior to the date specified for any such resignation to take effect. The Escrow Agent may be removed at any time by an instrument or concurrent instruments in writing delivered to the Escrow Agent and signed by each of the parties hereto (other than the Escrow Agent).

Appears in 2 contracts

Samples: Escrow Agreement (RCM Technologies Inc), Escrow Agreement (RCM Technologies Inc)

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Resignation and Removal of Escrow Agent. (a) The Escrow Agent may at any time resign as Escrow Agent hereunder by giving written notice of its his resignation to each of the parties hereto, at their respective addresses set forth in Section 9 of this Agreement, at least thirty (30) days prior to the date specified for any such resignation to take effect. The Escrow Agent may be removed at any time by an instrument or concurrent instruments in writing delivered to the Escrow Agent and signed by each of the parties hereto (other than the Escrow Agent).

Appears in 1 contract

Samples: Escrow Agreement (RCM Technologies Inc)

Resignation and Removal of Escrow Agent. (a) The Escrow Agent may at any time resign as Escrow Agent hereunder by giving written notice of its resignation to each of the parties hereto, at their respective addresses set forth in Section 9 11 of this Agreement, at least thirty (30) days prior to the date specified for any such resignation to take effect. The Escrow Agent may be removed at any time by an instrument or concurrent instruments in writing executed by a majority of the parties hereto other than Escrow Agent and delivered to the Escrow Agent and signed by each of the parties hereto (other than the Escrow Agent).

Appears in 1 contract

Samples: Shareholder Escrow Agreement (CNF Technologies Inc)

Resignation and Removal of Escrow Agent. (a) The Escrow Agent may at any time resign as Escrow Agent hereunder by giving written notice of its resignation to each of the parties hereto, at their respective addresses set forth in Section 9 11 of this Agreement, at least thirty (30) days prior to the date specified for any such resignation to take effect. The Escrow Agent may be removed at any time by an instrument or concurrent instruments in writing delivered to the Escrow Agent and signed by each of the parties hereto (other than the Escrow Agent).

Appears in 1 contract

Samples: Escrow Agreement (RCM Technologies Inc)

Resignation and Removal of Escrow Agent. (a) The Escrow Agent may at any time resign as Escrow Agent hereunder by giving written notice of its resignation to each of the parties hereto, at their respective addresses set forth in Section 9 11 of this Agreement, at least thirty (30) days prior to the date specified for any such resignation to take effect. The Escrow Agent may be removed at any time by an instrument or concurrent instruments in writing delivered to the Escrow Agent and signed by each of the parties hereto (other than the Escrow Agent)Synergy.

Appears in 1 contract

Samples: Escrow Agreement (Skynet Holdings Inc)

Resignation and Removal of Escrow Agent. (a) The Escrow Agent may resign at any time resign as Escrow Agent hereunder by giving written notice of its resignation to each of the parties hereto, at their respective addresses set forth in Section 9 of this Agreement, at least thirty (30) days prior thereof to the date specified for any such resignation to take effectIssuer, the Trustee and the State Treasurer. The Escrow Agent may be removed at any time by If an instrument or concurrent instruments in writing of acceptance by a successor Xxxxxx Agent shall not have been delivered to the Escrow Agent and signed by each within 60 days after the giving of such notice of resignation, the parties hereto (other than resigning Escrow Agent may petition any court of competent jurisdiction for the Escrow appointment of a successor Xxxxxx Agent).

Appears in 1 contract

Samples: District Tax Distribution Agreement

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Resignation and Removal of Escrow Agent. (a) The Escrow Agent may at any time resign as Escrow Agent hereunder by giving written notice of its resignation to each of the parties hereto, at their respective addresses set forth in Section 9 10 of this Agreement, at least thirty (30) days prior to the date specified for any such resignation to take effect. The Escrow Agent may be removed at any time by an instrument or concurrent instruments in writing delivered to the Escrow Agent and signed by each written request of the parties hereto (other than the Escrow Agent)Synergy.

Appears in 1 contract

Samples: Escrow Agreement (Skynet Holdings Inc)

Resignation and Removal of Escrow Agent. (a) The Escrow Agent may at any time resign as Escrow Agent hereunder by giving written notice from the performance of its resignation to each of the parties hereto, at their respective addresses set forth in Section 9 of this Agreement, at least thirty (30) days prior to the date specified for any such resignation to take effect. The Escrow Agent may be removed duties hereunder at any time by an instrument giving ten (10) days' prior written notice to the Company and the Adviser, or concurrent instruments in writing delivered may be removed, with or without cause, by the Company and the Adviser acting jointly by furnishing written notice to the Escrow Agent and signed Agent, at any time by each the giving of the parties hereto ten (other than 10) days' prior written notice to the Escrow Agent).. Such resignation or removal shall take effect upon the appointment of a successor Escrow Agent as

Appears in 1 contract

Samples: Escrow Agreement (PBHG Insurance Series Fund Inc)

Resignation and Removal of Escrow Agent. (a) The Escrow Agent may at any time resign as Escrow Agent hereunder by giving written notice of its resignation to each of the parties hereto, at their respective addresses set forth in Section 9 10 of this Agreement, at least thirty (30) days prior to the date specified for any such resignation to take effect. The Escrow Agent may be removed at any time by an instrument or concurrent instruments in writing executed by a majority of the parties hereto other than Escrow Agent and delivered to the Escrow Agent and signed by each of the parties hereto (other than the Escrow Agent).

Appears in 1 contract

Samples: Acquiror Escrow Agreement (CNF Technologies Inc)

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