Common use of Appointment of and Acceptance by Escrow Agent Clause in Contracts

Appointment of and Acceptance by Escrow Agent. Purchasers and Sellers hereby appoint Escrow Agent to serve as escrow agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 3, agrees to hold, invest and disburse the Escrow Funds in accordance with this Agreement.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Kadant Inc)

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Appointment of and Acceptance by Escrow Agent. Purchasers Buyer and Sellers Seller Representative hereby appoint Escrow Agent to serve as escrow agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 33 below, agrees to hold, invest and disburse the Escrow Funds in accordance with this Escrow Agreement.

Appears in 1 contract

Samples: Employment Agreement (InfuSystem Holdings, Inc)

Appointment of and Acceptance by Escrow Agent. Purchasers Purchaser and Sellers Seller hereby appoint Escrow Agent to serve as escrow agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 33 of this Agreement, agrees to shall hold, invest and disburse the Escrow Funds in accordance with this Agreement.

Appears in 1 contract

Samples: Unit Purchase Agreement (Boston Beer Co Inc)

Appointment of and Acceptance by Escrow Agent. Purchasers Purchaser and Sellers Seller hereby appoint Escrow Agent to serve as escrow agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 33 below, agrees to hold, invest and disburse the Escrow Funds in accordance with this Escrow Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Photomedex Inc)

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Appointment of and Acceptance by Escrow Agent. Purchasers Purchaser and Sellers Seller hereby appoint Escrow Agent to serve as escrow agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 3, agrees to shall hold, invest and disburse the Escrow Funds in accordance with this Agreement.

Appears in 1 contract

Samples: Employment Agreement (LIVE VENTURES Inc)

Appointment of and Acceptance by Escrow Agent. Purchasers Buyer and Sellers Seller hereby appoint Escrow Agent to serve as escrow agent hereunder. Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Special Escrow Funds Amount and the General Escrow Buyer Stock in accordance with Section 3, agrees to hold, invest and disburse each of the Special Escrow Funds, the General Escrow Buyer Stock and the General Escrow Funds in accordance with this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Plantronics Inc /Ca/)

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