Examples of Documents Escrow Agreement in a sentence
There shall not be any Escrow Agreement or Documents Escrow Agreement.
No alcohol is awarded in any prize.Resale of prize(s) is prohibited.
Notwithstanding the foregoing, in order to facilitate the transfer of the Project to the Lessee upon the Lessee's exercise of an option to purchase provided in this Article XI, the Issuer agrees to execute and deliver to the Trustee, as escrow agent, on the date of execution and delivery of this Lease the documents referred to in subsection (b) above to be held pursuant to a Documents Escrow Agreement dated as of December 1, 2002 among the Issuer, the Lessee and the Trustee.
The execution, delivery and performance of the Documents Escrow Agreement and all deeds, assignments and other documents described therein for the purpose of effecting the re-transfer of the Project from the Issuer to the Company as and when required thereunder and under the Lease be and the same hereby are authorized, approved and directed.
All acts and doings of the officers of the Issuer which are in conformity with the purposes and intent of this Bond Resolution and in the furtherance of the issuance of the Bonds and the execution, delivery and performance of the Lease, the Indenture, the Bond Purchase Agreement, the Security Deed, the Guaranty Agreement, the Home Office Payment Agreement, the Tax Memorandum or the Documents Escrow Agreement hereby are in all respects approved and confirmed.
Prior to its submission of its Escrow Documents to the Department, the Proposer shall obtain from the Department a copy of the Proposal Documents Escrow Agreement ("Escrow Agreement") that the Department will make available to all Proposers (the form for which is included in Appendix A hereof).
Neither the modification, cancellation, termination or rescission of the Documents Escrow Agreement nor the resignation or termination of the Escrow Agent shall affect the right of the Escrow Agent to retain the amount of any fee which has been paid, or to be reimbursed or paid for any amount which has been incurred or becomes due, prior to the effective date of any such modification, cancellation, termination, resignation or rescission.
The Escrow Agent shall not be under any obligation to take any legal action in connection with the Documents Escrow Agreement or towards its enforcement or performance, or to appear in, prosecute or defend any action or legal proceeding.
None of the provisions of the Documents Escrow Agreement shall require the Escrow Agent to expend or risk its own funds or otherwise to incur any liability (financial or otherwise) in the performance of any of its duties thereunder or in the exercise of any of its rights or powers if it shall have reasonable grounds for believing that repayment of such funds or indemnity satisfactory to it against such risk or liability is not assured to it.
The Employer agrees to use the principles of progressive and corrective discipline, where appropriate.