Common use of Appointment of the Escrow Agent Clause in Contracts

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.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Appointment of the Escrow Agent. (a) The Purchaser Sellers and the Seller Buyer hereby designate appoint 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 escrow agent under the terms and conditions set forth hereinof this Agreement. The Purchaser and the Seller hereby acknowledge the Escrow Agent is legal counsel hereby declares that it assumes all rights and duties as escrow agent according to the Sellerterms of this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Simpson Manufacturing Co Inc /Ca/)

Appointment of the Escrow Agent. (a) The Purchaser Buyer and the Seller Shareholders hereby designate the Escrow Agent as appoint and engage the Escrow Agent, and by its execution hereof the Escrow Agent hereby agrees agrees, to act, as a depository hold and administrator of administer the Escrow Amount upon Fund in accordance with the terms and conditions set forth herein. The Purchaser and the Seller hereby acknowledge the of this Escrow Agent is legal counsel to the SellerAgreement.

Appears in 1 contract

Samples: Escrow Agreement (Smithfield Foods Inc)

Appointment of the Escrow Agent. (a) The Purchaser and the Seller hereby designate appoint the Escrow Agent as the Escrow Agentto serve as, and the Escrow Agent hereby agrees to actact as, as a depository and administrator of the Escrow Amount escrow agent upon the terms and conditions set forth herein. The Purchaser and the Seller hereby acknowledge the of this Escrow Agent is legal counsel to the SellerAgreement.

Appears in 1 contract

Samples: Acquisition Agreement (Imation Corp)

Appointment of the Escrow Agent. (a) The Purchaser and the Seller Vendor hereby designate appoint the Escrow Agent as the Escrow Agentto serve as, and the Escrow Agent hereby agrees to actact as, as a depository and administrator of the Escrow Amount escrow agent upon the terms and conditions set forth herein. The Purchaser and the Seller hereby acknowledge the of this Escrow Agent is legal counsel to the SellerAgreement.

Appears in 1 contract

Samples: Escrow Agreement (Krug International Corp)

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Appointment of the Escrow Agent. (a) The Purchaser Seller and the Seller Buyer hereby designate appoint the Escrow Agent as the Escrow Agentescrow agent contemplated by the Purchase Agreement on the terms and conditions set forth in this Agreement, and the Escrow Agent hereby accepts that appointment and agrees to act, as a depository and administrator perform the responsibilities of the Escrow Amount upon Agent in accordance with the terms and conditions set forth herein. The Purchaser and the Seller hereby acknowledge the Escrow Agent is legal counsel to the Sellerof this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Transax International LTD)

Appointment of the Escrow Agent. (a) The Purchaser Buyer and the Seller hereby designate appoint the Escrow Agent to act as the Escrow Agent, agent and the Escrow Agent hereby agrees consents to actits appointment in that capacity, as a depository and administrator of the Escrow Amount upon in accordance with the terms and conditions set forth herein. The Purchaser and the Seller hereby acknowledge the Escrow Agent is legal counsel subject to the Sellerconditions of this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement

Appointment of the Escrow Agent. (a) The Purchaser Buyer and the Seller hereby designate appoint 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 on the terms and conditions set forth herein. The Purchaser herein and the Seller hereby acknowledge the Escrow Agent is legal counsel to the Sellerhereby accepts such appointment on such terms and conditions.

Appears in 1 contract

Samples: Api Escrow Agreement (Miravant Medical Technologies)

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