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Common use of The Escrow Agent Clause in Contracts

The Escrow Agent. 3.1 Party A and Party B hereby appoint and instruct the Escrow Agent to act, and the Escrow Agent acknowledges that it has been appointed and will act, as escrow agent subject to the conditions and on the terms of this Agreement. 3.2 The Escrow Agent shall hold the Escrow Documents delivered to it in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Document Escrow Agreement (Aptorum Group LTD), Document Escrow Agreement (Aptorum Group LTD)

The Escrow Agent. 3.1 [Party A A] and [Party B B] (individually an “Appointer” and together the “Appointers”) hereby appoint and instruct the Escrow Agent to act, and the Escrow Agent acknowledges that it has been appointed and will act, as escrow agent subject to the conditions and on the terms of this Agreement. 3.2 The Escrow Agent shall hold the Escrow Documents delivered to it in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement

The Escrow Agent. 3.1 Party A and Party B (individually an “Appointer” and together the “Appointers”) hereby appoint and instruct the Escrow Agent to act, and the Escrow Agent acknowledges that it has been appointed and will act, as escrow agent subject to the conditions and on the terms of this Agreement. 3.2 The Escrow Agent shall hold establish the Escrow Documents delivered Account and agrees to it hold any sums deposited into the Escrow Account in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Cash Escrow Agreement