Common use of Disposition of Deposit Materials Upon Termination Clause in Contracts

Disposition of Deposit Materials Upon Termination. Upon termination of this ------------------------------------------------- Agreement, Escrow Agent will destroy, return, or otherwise deliver the Deposit Materials in accordance with Depositor's instructions. If there are no instructions, Escrow Agent may, at its sole discretion, destroy the Deposit Materials or return them to Depositor. Escrow Agent will have no obligation to return or destroy the Deposit Materials if the Deposit Materials are subject to another escrow agreement with Escrow Agent.

Appears in 8 contracts

Samples: Procurement Agreement (Corvis Corp), Procurement Agreement (Corvis Corp), Procurement Agreement (Corvis Corp)

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Disposition of Deposit Materials Upon Termination. Upon termination of ------------------------------------------------- this ------------------------------------------------- Agreement, Escrow Agent will shall destroy, return, or otherwise deliver the Deposit Materials in accordance with Depositor's instructions. If there are no instructions, Escrow Agent may, at its sole discretion, destroy the Deposit Materials or return them to Depositor. Escrow Agent will shall have no obligation to return or destroy the Deposit Materials if the Deposit Materials are subject to another escrow agreement with Escrow Agent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Kana Communications Inc), Voting Agreement (Broadbase Software Inc)

Disposition of Deposit Materials Upon Termination. Upon termination of this ------------------------------------------------- Agreement, Escrow Agent will shall destroy, return, or otherwise deliver the Deposit Materials in accordance with Depositor's instructions. If there are no instructions, Escrow Agent may, at its sole discretion, destroy the Deposit Materials or return them to Depositor. Escrow Agent will shall have no obligation to return or destroy the Deposit Materials if the Deposit Materials are subject to another escrow agreement with Escrow Agent.

Appears in 2 contracts

Samples: License Agreement (Kana Communications Inc), Distribution and License Agreement (Kana Communications Inc)

Disposition of Deposit Materials Upon Termination. Upon termination of this ------------------------------------------------- Agreement, Escrow Agent will destroy, return, or otherwise deliver the Deposit Materials in accordance with Depositor's instructions. If there are no instructions, Escrow Agent may, at its sole discretion, destroy the Deposit Materials or return them to Depositor. Escrow Agent will have no obligation to return or destroy the Deposit Materials if the Deposit Materials are subject to another escrow agreement with Escrow Agent. Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions.

Appears in 1 contract

Samples: Field Trial Agreement (Corvis Corp)

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Disposition of Deposit Materials Upon Termination. Upon Subject to the foregoing termination provisions, and upon termination of this ------------------------------------------------- Agreement, Escrow Agent will shall destroy, return, or otherwise deliver the Deposit Materials in accordance with Depositor's instructions. If there are no instructions, Escrow Agent may, at its sole discretion, destroy the Deposit Materials or return them to Depositor. Escrow Agent will shall have no obligation to destroy or return or destroy the Deposit Materials if the Deposit Materials are subject to another escrow agreement with Escrow AgentAgent or have been released to the Preferred Beneficiary in accordance with Section 4.4.

Appears in 1 contract

Samples: License Agreement (Innerspace Corp)

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