Common use of Right to Transfer Upon Release Clause in Contracts

Right to Transfer Upon Release. Depositor hereby grants to Escrow Agent the ------------------------------ right to transfer the Deposit Materials to Preferred Beneficiary upon any release of the Deposit Materials for use by Preferred Beneficiary in accordance with Section 4.5. Except upon such a release or as otherwise provided in this Agreement, Escrow Agent shall not transfer the Deposit Materials.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Kana Communications Inc), Voting Agreement (Broadbase Software Inc)

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Right to Transfer Upon Release. Depositor hereby grants to Escrow Agent the ------------------------------ right to transfer the Deposit Materials to Preferred Beneficiary upon any release of the Deposit Materials for use by Preferred Beneficiary in accordance with Section 4.5. Except upon such a release or as otherwise provided in this Agreement, Escrow Agent shall not transfer the Deposit Materials.

Appears in 2 contracts

Samples: Distribution and License Agreement (Kana Communications Inc), License Agreement (Kana Communications Inc)

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Right to Transfer Upon Release. Depositor hereby grants to Escrow Agent the ------------------------------ right to transfer the Deposit Materials to Preferred Beneficiary upon any release of the Deposit Materials for use by Preferred Beneficiary in accordance with Section 4.5. Except upon such a release or as otherwise provided in this Agreement, Escrow Agent shall not transfer the Deposit Materials.

Appears in 1 contract

Samples: License Agreement (Innerspace Corp)

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