Appointment of the Escrow Agent. 1.1 Buyer and Seller hereby designate the Escrow Agent, and the Escrow Agent hereby agrees to act, as a depository and administrator of the Escrow Fund, subject to the terms and conditions set forth herein.
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Ic Isaacs & Co Inc), Escrow Agreement (Ic Isaacs & Co Inc)
Appointment of the Escrow Agent. 1.1 Buyer and Seller the Representative hereby designate appoint the Escrow Agent, and the Escrow Agent hereby agrees to act, as a depository and administrator of the Escrow Fund, subject to Funds upon the terms and conditions set forth hereinbelow.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Telex Communications Inc)
Appointment of the Escrow Agent. 1.1 Buyer (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 Fund, subject to 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.
Appears in 1 contract
Samples: Purchase and Sale Agreement
