Common use of Termination of Agreement and Resignation of Agent Clause in Contracts

Termination of Agreement and Resignation of Agent. 5.1 This Agreement shall terminate on the final disposition of the property held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section 4 shall survive the termination hereof. 5.2 The Agent may resign at any time and be discharged from his duties as Agent hereunder by giving the Parties at least 30 days’ prior written notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the Parties the Escrow Shares held hereunder upon presentation of the document appointing the successor escrow agent and its acceptance thereof. If a successor escrow agent has not been so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow Shares with any court it deems appropriate.

Termination of Agreement and Resignation of Agent. 5.1 8.1 This Escrow Agreement shall terminate on the final disposition of the monies and property held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section Sections 4 and 7 shall survive the termination hereof. 5.2 8.2 The Agent may resign at any time and be discharged from his its duties as Agent hereunder by giving the Parties Company and the Placement Agent at least 30 days’ prior written days notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the Parties the Escrow Shares Company all monies and property held hereunder upon presentation of the document appointing the successor new escrow agent and its acceptance thereof. If a successor escrow agent has not been no new Agent is so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow Shares aforesaid monies and property with any court it deems appropriate.

Termination of Agreement and Resignation of Agent. 5.1 This Escrow Agreement shall terminate on the final disposition of the monies and property held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section Sections 4 and 7 shall survive the termination hereof. 5.2 The Agent may resign at any time and be discharged from his its duties as Agent hereunder by giving the Parties Company and the Placement Agent at least 30 days’ prior written days notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the Parties the Escrow Shares Company all monies and property held hereunder upon presentation of the document appointing the successor new escrow agent and its acceptance thereof. If a successor escrow agent has not been no new Agent is so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow Shares aforesaid monies and property with any court it deems appropriate.

Termination of Agreement and Resignation of Agent. 5.1 This Escrow Agreement shall terminate on the final disposition of the monies and property held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section Sections 4 and 7 shall survive the termination hereof. 5.2 The Agent may resign at any time and be discharged from his its duties as Agent hereunder by giving the Parties Company, Merit Times and the Placement Agent at least 30 days’ prior written days notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the Parties the Escrow Shares Company all monies and property held hereunder upon presentation of the document appointing the successor new escrow agent and its acceptance thereof. If a successor escrow agent has not been no new Agent is so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow Shares aforesaid monies and property with any court it deems appropriate.

Termination of Agreement and Resignation of Agent. 5.1 This Escrow Agreement shall terminate on the final disposition of the monies and property held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section Sections 4 and 7 shall survive the termination hereof. 5.2 The Agent may resign at any time and be discharged from his its duties as Agent hereunder by giving the Parties Company at least 30 days’ prior written days notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the Parties the Escrow Shares Company all monies and property held hereunder upon presentation of the document appointing the successor new escrow agent and its acceptance thereof. If a successor escrow agent has not been no new Agent is so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow Shares aforesaid monies and property with any court it deems appropriate.

Termination of Agreement and Resignation of Agent. 5.1 (a) This Escrow Agreement shall terminate on the final disposition of the monies and property held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section 4 5 shall survive the termination hereof. 5.2 (b) The Agent may resign at any time and be discharged from his its duties as Agent hereunder by giving the Parties at least 30 days’ prior written days notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the mutual consent of the Parties the Escrow Shares all monies and property held hereunder upon presentation of the document appointing the successor new escrow agent and its acceptance thereof. If a successor escrow agent has not been no new Agent is so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow Shares aforesaid monies and property with any court it deems appropriate...

Termination of Agreement and Resignation of Agent. 5.1 4.1 This Escrow Agreement shall terminate on the final disposition of the property Shares held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section 4 Sections 3 and 6 shall survive the termination hereof. 5.2 4.2 The Agent may resign at any time and be discharged from his its duties as Agent hereunder by giving the Parties Company, the Parent and the Holder at least 30 days’ prior written days notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the Parties Company and the Escrow Parent all Shares held hereunder upon presentation of the document appointing the successor new escrow agent and its acceptance thereof. If a successor escrow agent has not been no new Agent is so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow aforesaid Shares with any court it deems appropriate.

Termination of Agreement and Resignation of Agent. 5.1 This Agreement shall terminate on the final disposition of the property held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section 4 shall survive the termination hereof. 5.2 The Agent may resign at any time and be discharged from his duties as Agent hereunder by giving the Parties at least 30 days’ prior written notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the Parties the Escrow Shares Fund held hereunder upon presentation of the document appointing the successor escrow agent and its acceptance thereof. If a successor escrow agent has not been so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow Shares Fund with any court it deems appropriate.

Termination of Agreement and Resignation of Agent. 5.1 This Escrow Agreement shall terminate on the final disposition of the monies and property held in escrow hereunder, provided that the rights of the Agent and the obligations of the other parties hereto under Section 4 shall survive the termination hereof. 5.2 The Agent may resign at any time and be discharged from his its duties as Agent hereunder by giving the Parties Company and TIC at least 30 days’ prior written ' notice thereof. As soon as practicable after its resignation, the Agent shall turn over to a successor escrow agent appointed by the Parties the Escrow Shares Company all monies and property held hereunder upon presentation of the document appointing the successor new escrow agent and its acceptance thereof. If a successor escrow agent has not been no new Agent is so appointed within the 60-day period following such notice of resignation, the Agent may deposit the Escrow Shares aforesaid monies and property with any court it deems appropriate.