Termination by Escrow Agent Sample Clauses

Termination by Escrow Agent. 0.1 The Escrow Agent may subject to the terms of Section 0.2 hereafter terminate his appointment as escrow agent under this Agreement by the end of any month by giving Electronics, Topaz, and the Company six months prior written notice. In such case, Electronics and Topaz shall, at the latest on the last day of the notice period, give joint written instructions to the Escrow Agent to assign the Escrow Share by notarial deed issued by a Swiss Civil Law Notary Public to those persons designated jointly by Electronics and Topaz. This Agreement terminates immediately thereafter according to Section 0 (i) and (ii). If the Escrow Agent has not received joint written instructions by Electronics and Topaz after expiry of the notice period, the Escrow Agent shall in writing ask Topaz and Electronics to issue such instructions within an additional 10 days period. If the Escrow agent has not received joint written instructions by Electronics and Topaz after expiry of the additional 10 days period, the Escrow Agent shall ask the president of the Zurich Chamber of Commerce to designate a replacing escrow agent. Under no circumstances shall the Escrow Share be assigned to Electronics and/or Topaz.
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Termination by Escrow Agent. The Escrow Agent may, by giving 3 months prior written notice to the Operator and the Subcontractor, terminate this agreement subject to the pro-rata refund of any advance payment of the Escrow Fees.
Termination by Escrow Agent. If there is no action on this escrow within six (6) months after the anticipated closing date of or written extension thereof, FTAA’s agency obligation shall terminate at FTAA’s option and all documents, monies, or other items held by FTAA shall be returned to the parties depositing same.
Termination by Escrow Agent. This agreement may be terminated by Escrow Agent by giving at least ninety (90) days written notice to Changepoint and the Customer. In that event, Changepoint shall appoint and Customer hereby consents to the appointment of a new escrow agent on terms substantially the same as those contained herein subject to such modifications as the new escrow agent shall require and that shall be reasonably acceptable to Changepoint.

Related to Termination by Escrow Agent

  • Termination by Buyer This Agreement and the transaction contemplated herein may be terminated and abandoned at any time on or prior to the Closing Date by Buyer, if:

  • Termination by Seller This Agreement may be terminated at any time prior to the Closing by Seller, by written notice to Buyer:

  • Termination by You You may cancel your acceptance of this Contract by delivering notice to XOOM by way of mail, fax, e-mail or by personal delivery, in the following circumstances:

  • Termination by Purchaser This contract shall be terminated, upon election and written notice by Xxxxxxxxx, if Catastrophic Damage rate rede- termination under BT3.32 shows that the appraised weighted average Indicated Advertised Rate of all In- cluded Timber remaining immediately prior to the catas- trophe has been reduced through Catastrophic Damage by an amount equal to or more than the weighted aver- age Current Contract Rate. “Indicated Advertised Rates” are Forest Service esti- mates of fair market value of the timber.

  • Termination by Bank If the Bank, or its successor in interest by merger, or its transferee in the event of a purchase in an assumption transaction (for reasons other than Executive's death, disability, or Cause) (1) terminates Executive's employment within one year following a Change in Control (as defined below), or (2) terminates Executive's employment before the Change in Control but on or after the date that any party either announces or is required by law to announce any prospective Change in Control transaction and a Change in Control occurs within six months after the termination, the Bank will provide Executive with the payment and benefits described in Section 9(d)(3) below.

  • Termination by Sellers This Agreement may be terminated at any time prior to the Closing Date by Sellers as follows:

  • Termination by Manager Manager shall have the right to terminate this Agreement at any time, with or without cause, upon sixty (60) days written notice to Owner. Manager shall also have the right to terminate this Agreement upon thirty (30) days written notice to Owner for non-payment of fees and expenses due Manager under the terms of this Agreement

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

  • Acceptance by Escrow Agent The Escrow Agent hereby accepts and agrees to perform its obligations hereunder, provided that:

  • Termination by Xxxxxx Xilinx may terminate this Agreement for material breach by Licensee, provided that Xilinx has given written notice to Licensee of such breach and Licensee fails to cure such breach within thirty (30) days thereof; provided, however, in the event of a breach of confidentiality under Section 7 whereby unauthorized disclosure and/or dissemination by electronic or other means is likely to cause undue harm to Xilinx, then Xilinx may, at its discretion, immediately terminate this Agreement and seek other appropriate equitable and legal remedies as deemed necessary to protect its interests hereunder.

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