Appointment of the Escrow Agent Sample Clauses

Appointment of the Escrow Agent. The Escrow Agent is hereby designated and appointed to act as escrow agent in accordance with the terms and conditions of this Agreement, and the Escrow Agent hereby accepts such designation and appointment.
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Appointment of the Escrow Agent. The Sellers, First Purchaser, Second Purchaser and the Company hereby appoint and designate the Escrow Agent as escrow agent for the purpose set forth herein, and the Escrow Agent does hereby accept such appointment under the terms and conditions set forth herein.
Appointment of the Escrow Agent. The Company hereby appoints the Escrow Agent as escrow agent, and the Escrow Agent hereby accepts such appointment, in accordance with the terms and conditions set forth herein.
Appointment of the Escrow Agent. (a) The Purchaser and the Seller hereby designate the Escrow Agent as the Escrow Agent, and the Escrow Agent hereby agrees to act, as a depository and administrator of the Escrow Amount upon the terms and conditions set forth herein. The Purchaser and the Seller hereby acknowledge the Escrow Agent is legal counsel to the Seller.
Appointment of the Escrow Agent. The Escrow Agent is hereby appointed escrow agent and depository for the Buyer and the Seller with respect to the Escrowed Property (as hereinafter defined).
Appointment of the Escrow Agent. The Issuer hereby designates and appoints the Escrow Agent to act as escrow agent and depositary in accordance with the terms and conditions of this Agreement, and the Escrow Agent hereby accepts such designation and appointment.
Appointment of the Escrow Agent. Purchaser and the Seller Parties jointly appoint the Escrow Agent to receive, hold, administer and deliver the Escrow Funds (as defined below) in accordance with this Escrow Agreement and the Escrow Agent accepts such appointment, all subject to the terms and conditions set forth in this Escrow Agreement.
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Appointment of the Escrow Agent. The Issuers hereby appoint Wilmington Trust, National Association, as Escrow Agent in accordance with the terms and conditions set forth herein, and Wilmington Trust, National Association hereby accepts such appointment subject to the terms and conditions set forth herein.
Appointment of the Escrow Agent. The parties hereto appoint and designate the Escrow Agent for the purposes set forth herein, and the Escrow Agent hereby accepts such appointment and designation. The Escrow Agent shall have all the rights, powers, duties and obligations hereinafter provided, and agrees to perform only those duties as expressly set forth herein and there shall be no implied duties imposed on the Escrow Agent. The Escrow Agent shall have no responsibility to interpret the terms of any party's obligations under the Purchase Agreement or any related documents. Except as otherwise specifically provided herein, the Escrow Agent shall not have the power to pledge, hypothecate, assign, sell, transfer or otherwise dispose of or encumber the Escrow Amount. The Escrow Agent does not have any interest in the Escrowed Shares deposited hereunder or the Escrow Amount, but is serving as escrow agent and only has possession thereof. Buyer and Seller Representative shall deliver to the Escrow Agent the notices required to be delivered to the Escrow Agent pursuant to this Agreement, but the Escrow Agent shall have no responsibility to confirm or verify the accuracy of notices of Buyer or Seller Representative so delivered. No provision of this Agreement shall require the Escrow Agent to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder. Upon distribution of the entire Escrow Amount pursuant to the terms herein, the Escrow Agent shall be discharged from all obligations under this Agreement and shall have no further duties or responsibilities in connection herewith.
Appointment of the Escrow Agent. Parent and Stockholders’ Representative, on behalf of the Indemnifying Stockholders, hereby appoint the Escrow Agent to serve as escrow agent, subject to and in accordance with the provisions of this Escrow Agreement. The Escrow Agent hereby accepts such appointment.
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