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

Resignation, Removal of Escrow Agent. The Escrow Agent may resign its trust and be discharged from all further duties and obligations hereunder after giving 30 days’ written notice to the Company or such shorter notice as the Company may accept as sufficient, and may be removed from its office as such Escrow Agent by the Company at any time by not less than 30 days’ written notice given to the Escrow Agent. Upon discharge or removal, the Escrow Agent shall deliver the Escrow Amount by certified cheque or wire transfer as directed by the Company.

Resignation, Removal of Escrow Agent. (1) The Escrow Agent may resign its trust as Escrow Agent and be discharged from all further duties and obligations hereunder after giving 30 liabilities under this Agreement at any time on 10 days’ prior written notice to the Company Corporation, or such shorter notice as the Company Corporation may accept as sufficient, and sufficient in its sole discretion. The Corporation may be removed remove the Escrow Agent from its office as such Escrow Agent by the Company at any time by not less than 30 on 10 days’ prior written notice given to the Escrow Agent. Upon discharge or removal, the Escrow Agent shall deliver the Escrow Amount by certified cheque or wire transfer as directed by the Companyand to appoint a successor escrow agent.

Resignation, Removal of Escrow Agent. (a) The Escrow Agent may resign its trust as Escrow Agent and be discharged from all further duties and obligations hereunder after giving 30 liabilities under this Agreement at any time on 10 days’ prior written notice to the Company Corporation, or such shorter notice as the Company Corporation may accept as sufficient, and sufficient in its sole discretion. The Corporation may be removed remove the Escrow Agent from its office as such Escrow Agent by the Company at any time by not less than 30 on 10 days’ prior written notice given to the Escrow Agent. Upon discharge or removal, the Escrow Agent shall deliver the Escrow Amount by certified cheque or wire transfer as directed by the Companyand to appoint a successor escrow agent.

Resignation, Removal of Escrow Agent. (1) The Escrow Agent may resign its trust as Escrow Agent and be discharged from all further duties and obligations hereunder after giving liabilities under this Agreement at any time on 30 days’ prior written notice to the Company Corporation, or such shorter notice as the Company Corporation may accept as sufficient, and sufficient in its sole discretion. The Corporation may be removed remove the Escrow Agent from its office as such Escrow Agent by the Company at any time by not less than on 30 days’ prior written notice given to the Escrow Agent. Upon discharge or removal, the Escrow Agent shall deliver the Escrow Amount by certified cheque or wire transfer as directed by the Companyand to appoint a successor escrow agent.