{"component": "clause", "props": {"groups": [{"snippet": "It shall, on or prior to the ninetieth day following the Closing Date and each Transfer Date, as applicable, deliver or cause the delivery to the Securitization Custodian of the following: (I) with respect to each Mortgage Loan and pre-July 2004 Oak N' Spruce Loan listed on the related Schedule of Mortgage Loans, an original recorded Assignment of Mortgage (which may be a part of a blanket assignment of more than one Mortgage Loan or pre-July 2004 Oak N' Spruce Loan), showing a complete chain of title from Originator to the Securitization Indenture Trustee on behalf of the Securitization Noteholders signed by an Authorized Officer of the Originator and each intervening party with evidence of proper recordation or evidence from a third party that submitted such assignment for recording that such assignment has been submitted for recordation; (II) with respect to each post-July 2004 Oak N' Spruce Loan listed on the related Schedule of Oak N' Spruce Loans, a file-stamped Oak N' Spruce Financing Statement evidencing the security interest of the Securitization Indenture Trustee and its assigns by naming the Obligor with respect to the related post-July 2004 Oak N' Spruce Loan as debtor, naming the Originator as secured party/assignor, and by naming the Securitization Indenture Trustee on behalf of the Securitization Noteholders as the secured party/assignee (or, in the alternative, in the form of an electronic spreadsheet submitted to the Securitization Custodian directly by a third party service company listing the filing number, date of filing, debtor and secured party and accompanied by a certification of filing by the third party service company); (III) with respect to each Mortgage Loan and pre-July 2004 Oak N' Spruce Loan listed on the related Schedule of Prior Secured Party's Collateral, an original recorded Reassignment of Mortgage (which may be a part of a blanket reassignment of more than one Mortgage Loan or pre-July 2004 Oak N' Spruce Loan), showing a complete chain of title from the Prior Secured Party to the Originator to the Securitization Indenture Trustee on behalf of the Securitization Noteholders signed by an Authorized Officer of the Prior Secured Party, the Originator, Issuer and each intervening party with evidence of proper recordation or evidence from a third party that submitted such assignment for recording that such assignment has been submitted for recordation; (IV)(a) with respect to each pre-July 2004 Oak N' Spruce Loan listed on the related Schedule of Prior Secured Party's Collateral, a file-stamped Oak N' Spruce Financing Statement Amendment evidencing the security interest of the Securitization Indenture Trustee and its assigns by naming the Obligor with respect to the related pre-July 2004 Oak N' Spruce Loan as debtor, the Securitization Indenture Trustee on behalf of the Securitization Noteholders as the secured party/assignee, and the Prior Secured Party as the assignor, and (b) with respect to each post-July 2004 Oak N' Spruce Loan listed on the related Schedule of Prior Secured Party's Oak N' Spruce Loans, a file-stamped Oak N' Spruce Financing Statement Amendment evidencing the security interest of the Securitization Indenture Trustee and its assigns by naming the Obligor with respect to the related post-July 2004 Oak N' Spruce Loan as debtor, the Securitization Indenture Trustee on behalf of the Securitization Noteholders as the secured party/assignee, and the Prior Secured Party as the assignor (or, with respect to clauses (IV)(a) and (b) hereof, such Oak N' Spruce Financing Statement Amendment may be delivered in the form of an electronic spreadsheet submitted to the Securitization Custodian directly by a third party service company listing the filing number, date of filing, debtor and secured party and accompanied by a certification of filing by the third party service company); and (V) all other recorded and/or filed documents provided under the Escrow Agreement.", "size": 11, "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [16, 28]}, {"key": "following-the-closing-date", "type": "clause", "offset": [43, 69]}, {"key": "transfer-date", "type": "definition", "offset": [79, 92]}, {"key": "delivery-to-the", "type": "clause", "offset": [130, 145]}, {"key": "with-respect-to", "type": "clause", "offset": [193, 208]}, {"key": "each-mortgage-loan", "type": "definition", "offset": [209, 227]}, {"key": "july-2004", "type": "clause", "offset": [236, 245]}, {"key": "oak-n", "type": "definition", "offset": [246, 251]}, {"key": "schedule-of-mortgage-loans", "type": "definition", "offset": [287, 313]}, {"key": "assignment-of-mortgage", "type": "definition", "offset": [336, 358]}, {"key": "blanket-assignment", "type": "definition", "offset": [385, 403]}, {"key": "chain-of-title", "type": "clause", "offset": [492, 506]}, {"key": "securitization-indenture-trustee", "type": "definition", "offset": [530, 562]}, {"key": "on-behalf-of", "type": "clause", "offset": [563, 575]}, {"key": "signed-by", "type": "clause", "offset": [607, 616]}, {"key": "authorized-officer", "type": "clause", "offset": [620, 638]}, {"key": "the-originator", "type": "clause", "offset": [642, 656]}, {"key": "intervening-party", "type": "clause", "offset": [666, 683]}, {"key": "evidence-of", "type": "definition", "offset": [689, 700]}, {"key": "financing-statement", "type": "definition", "offset": [997, 1016]}, {"key": "the-security-interest", "type": "definition", "offset": [1028, 1049]}, {"key": "the-secured-party", "type": "clause", "offset": [1348, 1365]}, {"key": "form-of", "type": "definition", "offset": [1407, 1414]}, {"key": "an-electronic", "type": "clause", "offset": [1415, 1428]}, {"key": "company-listing", "type": "clause", "offset": [1517, 1532]}, {"key": "date-of-filing", "type": "definition", "offset": [1552, 1566]}, {"key": "certification-of-filing", "type": "clause", "offset": [1614, 1637]}, {"key": "the-third-party", "type": "definition", "offset": [1641, 1656]}, {"key": "the-assignor", "type": "definition", "offset": [2942, 2954]}, {"key": "documents-provided", "type": "clause", "offset": [3929, 3947]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [3954, 3974]}], "samples": [{"hash": "zdeU7wDbp6", "uri": "/contracts/zdeU7wDbp6#escrow-documents", "label": "Transfer Agreement (Silverleaf Resorts Inc)", "score": 21.9911019849, "published": true}, {"hash": "WuEVsQtfMF", "uri": "/contracts/WuEVsQtfMF#escrow-documents", "label": "Transfer Agreement (Silverleaf Resorts Inc)", "score": 21.9911019849, "published": true}], "hash": "5d0f4816a738d3ce90a6801f8d0d0888", "id": 1}, {"snippet": "The Escrow Agent shall hold the documents delivered to it by Sellers pursuant to Article 6.03(a) (\"Sellers' Documents\") and by Buyer, pursuant to Article 6.03(b) (\"Buyers' Documents\") in escrow subject to the terms of an escrow agreement (\"Escrow Agreement\") in the form annexed hereto as Schedule 7.04. The Sellers' Documents and the Buyers' Documents are jointly referred to herein as the \"Escrow Documents\". The Escrow Agreement shall incorporate by reference the following terms and conditions;\n(a) Upon receipt prior to 5:00 p.m. on September 30, 1997, of (i) confirmation of the Wire Transfers; (ii) either confirmation from Blue Bird of the extension of the Blue Bird Franchise Agreements through the period ending August 30, 1998 or a notice from Buyer stating that it has waived such confirmation; and (iii) confirmation either of (x) satisfaction of all indebtedness of the Companies for borrowed money and all performance bonds, payment for which is guaranteed by the Sellers; or (y) confirmation that such guarantees have been terminated; the Escrow Agent shall simultaneously:\n(i) deliver the Sellers' Documents to Buyer by delivery of same to Silverman, Collura, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 & \u2587\u2587\u2587\u2587\u2587\u2587\u2587 at the address provided in Section 9.05;\n(ii) deliver the Buyers' Documents to Sellers' by delivery to same to \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587, Esq. at the address provided in Section 9.05.\n(b) In the event the Escrow Agent has not received, by 5:00 p.m., September 30, 1997, the confirmations referred to in subparagraph (a) of this section, the Escrow Agent shall (x) deliver the Sellers' Documents to Sellers by delivery of the same to \u2587\u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587\u2587\u2587\u2587; and (ii) deliver the Buyer's Documents to Buyer by delivery of the same to Silverman, Collura, \u2587\u2587\u2587\u2587\u2587\u2587\u2587 & \u2587\u2587\u2587\u2587\u2587\u2587\u2587, P.C.", "size": 2, "snippet_links": [{"key": "escrow-agent-shall", "type": "clause", "offset": [4, 22]}, {"key": "documents-delivered", "type": "clause", "offset": [32, 51]}, {"key": "by-sellers", "type": "clause", "offset": [58, 68]}, {"key": "pursuant-to-article", "type": "clause", "offset": [69, 88]}, {"key": "by-buyer", "type": "clause", "offset": [124, 132]}, {"key": "terms-of", "type": "definition", "offset": [209, 217]}, {"key": "the-buyers", "type": "definition", "offset": [331, 341]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [411, 431]}, {"key": "incorporate-by-reference", "type": "definition", "offset": [438, 462]}, {"key": "the-following-terms-and-conditions", "type": "clause", "offset": [463, 497]}, {"key": "upon-receipt", "type": "clause", "offset": [503, 515]}, {"key": "prior-to", "type": "definition", "offset": [516, 524]}, {"key": "confirmation-of", "type": "clause", "offset": [565, 580]}, {"key": "wire-transfers", "type": "definition", "offset": [585, 599]}, {"key": "blue-bird", "type": "definition", "offset": [631, 640]}, {"key": "extension-of-the", "type": "clause", "offset": [648, 664]}, {"key": "franchise-agreements", "type": "definition", "offset": [675, 695]}, {"key": "period-ending", "type": "definition", "offset": [708, 721]}, {"key": "a-notice", "type": "definition", "offset": [741, 749]}, {"key": "satisfaction-of", "type": "clause", "offset": [844, 859]}, {"key": "the-companies", "type": "definition", "offset": [880, 893]}, {"key": "borrowed-money", "type": "clause", "offset": [898, 912]}, {"key": "performance-bonds", "type": "definition", "offset": [921, 938]}, {"key": "payment-for", "type": "clause", "offset": [940, 951]}, {"key": "by-the-sellers", "type": "clause", "offset": [972, 986]}, {"key": "documents-to-buyer", "type": "clause", "offset": [1115, 1133]}, {"key": "to-sellers", "type": "definition", "offset": [1271, 1281]}, {"key": "in-the-event-the", "type": "clause", "offset": [1371, 1387]}, {"key": "delivery-of-the", "type": "clause", "offset": [1592, 1607]}], "samples": [{"hash": "izdT54n5sYh", "uri": "/contracts/izdT54n5sYh#escrow-documents", "label": "Stock Purchase Agreement (Atlantic Express Transportation Corp)", "score": 18.0, "published": true}, {"hash": "hFNRjjnamBo", "uri": "/contracts/hFNRjjnamBo#escrow-documents", "label": "Stock Purchase Agreement (Atlantic Express Transportation Corp)", "score": 18.0, "published": true}], "hash": "8ed6cbcd5a42115325c61f7f5ae53d0a", "id": 2}, {"snippet": "Each Owner and Transferee shall approve and sign City\u2019s escrow instructions, which instruct escrow regarding the requirements of this Covenant, City financing, if any, and City disclosures, if any. Owner and Transferee shall provide the City with a copy of the final purchase/sale contract, settlement statement, signed escrow instructions, and any other document that the City may reasonably request.", "size": 2, "snippet_links": [{"key": "escrow-instructions", "type": "definition", "offset": [56, 75]}, {"key": "the-requirements", "type": "clause", "offset": [109, 125]}, {"key": "city-financing", "type": "clause", "offset": [144, 158]}, {"key": "the-city", "type": "clause", "offset": [233, 241]}, {"key": "final-purchase", "type": "definition", "offset": [261, 275]}, {"key": "sale-contract", "type": "definition", "offset": [276, 289]}, {"key": "settlement-statement", "type": "definition", "offset": [291, 311]}, {"key": "other-document", "type": "clause", "offset": [349, 363]}, {"key": "reasonably-request", "type": "definition", "offset": [382, 400]}], "samples": [{"hash": "k0qj38CpBCB", "uri": "/contracts/k0qj38CpBCB#escrow-documents", "label": "Affordability Covenant and Option to Purchase", "score": 32.1821465649, "published": true}, {"hash": "cXQQPfRt8NM", "uri": "/contracts/cXQQPfRt8NM#escrow-documents", "label": "Affordability Covenant and Option to Purchase", "score": 26.1704312115, "published": true}], "hash": "ce38e760750d2a775ceb2446c6dc81f6", "id": 3}, {"snippet": "30 ARTICLE VIII INDEMNIFICATION..................................................31", "size": 2, "snippet_links": [{"key": "article-viii", "type": "clause", "offset": [3, 15]}], "samples": [{"hash": "izdT54n5sYh", "uri": "/contracts/izdT54n5sYh#escrow-documents", "label": "Stock Purchase Agreement (Atlantic Express Transportation Corp)", "score": 18.0, "published": true}, {"hash": "hFNRjjnamBo", "uri": "/contracts/hFNRjjnamBo#escrow-documents", "label": "Stock Purchase Agreement (Atlantic Express Transportation Corp)", "score": 18.0, "published": true}], "hash": "f27f96df3977a7661f779bb2b3434e2f", "id": 4}, {"snippet": "The following papers (the \"Escrowed Documents\") are placed in escrow:\n(1) Signed copy of this Contract.\n(2) Original Warranty Deed signed by Seller.\n(3) Original Special Warranty Deed signed by \u2587\u2587\u2587\u2587\u2587.\n(4) OTHER: C. PRIOR OBLIGATIONS. Add the following information, if applicable:\n(1) Name and address of mortgagees/escrow agents/servicing agents D. FEES.", "size": 2, "snippet_links": [{"key": "escrowed-documents", "type": "definition", "offset": [27, 45]}, {"key": "placed-in-escrow", "type": "definition", "offset": [52, 68]}, {"key": "signed-copy", "type": "clause", "offset": [74, 85]}, {"key": "this-contract", "type": "clause", "offset": [89, 102]}, {"key": "by-seller", "type": "clause", "offset": [138, 147]}, {"key": "special-warranty-deed", "type": "clause", "offset": [162, 183]}, {"key": "signed-by-\u2587", "type": "clause", "offset": [184, 195]}, {"key": "prior-obligations", "type": "clause", "offset": [215, 232]}, {"key": "add-the-following", "type": "clause", "offset": [234, 251]}, {"key": "if-applicable", "type": "clause", "offset": [265, 278]}, {"key": "name-and-address", "type": "clause", "offset": [284, 300]}, {"key": "escrow-agents", "type": "definition", "offset": [315, 328]}, {"key": "servicing-agents", "type": "definition", "offset": [329, 345]}], "samples": [{"hash": "2SvYxKvKcUI", "uri": "/contracts/2SvYxKvKcUI#escrow-documents", "label": "Real Estate Contract", "score": 20.9808350445, "published": true}], "hash": "d46a7963e6313435aee44afb3662bb96", "id": 5}, {"snippet": "To give effect to the understanding of the parties, Return and/or Hertz has delivered the following documents (the \"Escrow Documents\") to Morse, Zelnick, Rose & Lander, LLP (the \"Escrow Agent\") who has agreed to act as escrow agent under the terms and conditions set forth herein:\n(a) A duly executed affidavit for confession of judgment (the \"Confession of Judgment\") by Return in the amount of $210,000 plus interest at 21% per annum from April 17, 2001 to the date of payment;\n(b) Certificates for 200 shares of Common Stock by Hergo, together with duly executed Stock Powers endorsed in blank (\"the Hergo Stock\");\n(c) General release of Hertz by Return (the \"Return Release\"); and\n(d) General release of Return by Hertz (the \"Hertz Release).", "size": 2, "snippet_links": [{"key": "give-effect-to", "type": "definition", "offset": [3, 17]}, {"key": "understanding-of-the-parties", "type": "clause", "offset": [22, 50]}, {"key": "escrow-agent", "type": "definition", "offset": [179, 191]}, {"key": "to-act", "type": "definition", "offset": [209, 215]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [238, 262]}, {"key": "duly-executed", "type": "clause", "offset": [287, 300]}, {"key": "confession-of-judgment", "type": "definition", "offset": [315, 337]}, {"key": "per-annum", "type": "definition", "offset": [426, 435]}, {"key": "from-april", "type": "clause", "offset": [436, 446]}, {"key": "date-of-payment", "type": "clause", "offset": [463, 478]}, {"key": "certificates-for", "type": "clause", "offset": [484, 500]}, {"key": "shares-of-common-stock", "type": "clause", "offset": [505, 527]}, {"key": "stock-powers", "type": "definition", "offset": [566, 578]}, {"key": "release-of", "type": "clause", "offset": [630, 640]}], "samples": [{"hash": "a1BjqJjrkQK", "uri": "/contracts/a1BjqJjrkQK#escrow-documents", "label": "Settlement Agreement (Return Assured Inc)", "score": 16.0, "published": true}], "hash": "1faf714657fc794630601613f88a6b2a", "id": 6}, {"snippet": "WildBlue may copy and distribute the Escrow Documents in Soft or Hard format, in accordance with Section 10.7 of the Agreement, provided that this License, the copyright notices, and the license notice saying this License applies to the Escrow Documents are reproduced in all copies. Distribution of Escrow Documents shall be limited to entities performing services related to the Escrow Documents, including subcontractors, suppliers or agents where (i) use of such entity is permitted to be 1 ViaSat and WildBlue Confidential March 5, 2001 used under this Agreement, (ii) such disclosure is necessary or otherwise naturally occurs in that entity's scope of responsibility, and (iii) the entity agrees in writing to assume the obligations described in Section 18.3 of the Agreement. USER DOCUMENTS. WildBlue may copy and distribute the User Documents in connection with the sales, service or marketing of SMs, provided that this License, the copyright notices, and a license notice saying this License applies to the User Documents are reproduced in all copies. User Documents that are meant to be distributed along with SMs may be included in the packaging and shipment of such product (one copy only). One copy may also be included in a \"read me\" or \"help file\" or other similar digital form; provided that such items include Contractor's copyright notice and a link to Contractor's web site. Distribution of User Documents to third parties shall only be distributed in Hard copy format and shall be limited to users of the SM and all other third parties that WildBlue deems to reasonably require use of User Documents in that entity's scope of responsibility and provided that such third parties assume the obligations described in Section 18.3 of the Agreement. TRAINING DOCUMENTS. WildBlue may copy and distribute the Training Documents in Soft or Hard format, in connection with service and operation of the SMs in the WildBlue satellite system, provided that this License, the copyright notices, and the license notice saying this License applies to the Training Documents are reproduced in all copies. Distribution of Training Documents to third parties shall be limited to those parties WildBlue reasonably requires use of Training Documents in that parties scope of responsibility and provided that such third parties assume the obligations described in Section 18.3 of the Agreement.", "size": 2, "snippet_links": [{"key": "the-escrow-documents", "type": "clause", "offset": [33, 53]}, {"key": "in-accordance-with", "type": "definition", "offset": [78, 96]}, {"key": "the-agreement", "type": "clause", "offset": [113, 126]}, {"key": "copyright-notices", "type": "clause", "offset": [160, 177]}, {"key": "license-notice", "type": "clause", "offset": [187, 201]}, {"key": "applies-to", "type": "clause", "offset": [222, 232]}, {"key": "distribution-of-escrow", "type": "clause", "offset": [284, 306]}, {"key": "performing-services", "type": "definition", "offset": [346, 365]}, {"key": "related-to", "type": "clause", "offset": [366, 376]}, {"key": "this-agreement", "type": "clause", "offset": [553, 567]}, {"key": "scope-of-responsibility", "type": "definition", "offset": [650, 673]}, {"key": "the-entity", "type": "clause", "offset": [685, 695]}, {"key": "in-writing", "type": "clause", "offset": [703, 713]}, {"key": "to-assume", "type": "clause", "offset": [714, 723]}, {"key": "the-obligations", "type": "clause", "offset": [724, 739]}, {"key": "section-183", "type": "clause", "offset": [753, 765]}, {"key": "the-user", "type": "clause", "offset": [833, 841]}, {"key": "in-connection-with", "type": "clause", "offset": [852, 870]}, {"key": "the-sales", "type": "definition", "offset": [871, 880]}, {"key": "packaging-and-shipment", "type": "clause", "offset": [1149, 1171]}, {"key": "read-me", "type": "definition", "offset": [1241, 1248]}, {"key": "digital-form", "type": "definition", "offset": [1282, 1294]}, {"key": "to-contractor", "type": "definition", "offset": [1370, 1383]}, {"key": "web-site", "type": "definition", "offset": [1386, 1394]}, {"key": "to-third-parties", "type": "clause", "offset": [1427, 1443]}, {"key": "hard-copy", "type": "clause", "offset": [1473, 1482]}, {"key": "users-of-the", "type": "clause", "offset": [1514, 1526]}, {"key": "other-third-parties", "type": "definition", "offset": [1538, 1557]}, {"key": "and-provided-that", "type": "clause", "offset": [1663, 1680]}, {"key": "training-documents", "type": "clause", "offset": [1767, 1785]}, {"key": "the-training", "type": "clause", "offset": [1820, 1832]}, {"key": "operation-of-the", "type": "clause", "offset": [1898, 1914]}, {"key": "satellite-system", "type": "definition", "offset": [1935, 1951]}], "samples": [{"hash": "lOWH4vxBsUi", "uri": "/contracts/lOWH4vxBsUi#escrow-documents", "label": "Satellite Modem Development, Production and Purchase Agreement (Viasat Inc)", "score": 18.0, "published": true}], "hash": "bcce4931427481edca7f5ad0428bc2d8", "id": 7}, {"snippet": "98 Section 18.06 Source Code Escrow.........................................................................101 Section 18.07 Inspection and Audit Rights .............................................................102", "size": 2, "snippet_links": [{"key": "source-code-escrow", "type": "clause", "offset": [17, 35]}, {"key": "inspection-and-audit-rights", "type": "clause", "offset": [126, 153]}], "samples": [{"hash": "kPoy01DchdR", "uri": "/contracts/kPoy01DchdR#escrow-documents", "label": "Comprehensive Agreement", "score": 24.1704312115, "published": true}], "hash": "29a66d58402d57d7cde0ff5341232fbd", "id": 8}, {"snippet": "Nothing in this Article VII shall be deemed to limit the rights of the Purchaser, Surviving Corporation and their Affiliates to pursue their remedies against the Escrow Fund in accordance with the terms of the Escrow Documents; provided that in no event shall the liability arising pursuant to such Escrow Documents exceed the amount of the Escrow Fund.", "size": 1, "snippet_links": [{"key": "article-vii", "type": "clause", "offset": [16, 27]}, {"key": "rights-of-the-purchaser", "type": "clause", "offset": [57, 80]}, {"key": "surviving-corporation", "type": "definition", "offset": [82, 103]}, {"key": "the-escrow-fund", "type": "clause", "offset": [158, 173]}, {"key": "in-accordance-with", "type": "definition", "offset": [174, 192]}, {"key": "the-escrow-documents", "type": "clause", "offset": [206, 226]}, {"key": "provided-that", "type": "clause", "offset": [228, 241]}, {"key": "in-no-event-shall", "type": "clause", "offset": [242, 259]}, {"key": "the-liability", "type": "clause", "offset": [260, 273]}, {"key": "pursuant-to-such", "type": "clause", "offset": [282, 298]}], "samples": [{"hash": "i9LcyoqtSJs", "uri": "/contracts/i9LcyoqtSJs#escrow-documents", "label": "Merger Agreement (MTBC, Inc.)", "score": 31.0177960301, "published": true}], "hash": "e4c359895903f6a67392cf2b42dfcd4f", "id": 9}, {"snippet": "7. The Escrow Agent will hold the Milestone 2 Escrow Documents in escrow and undelivered and shall deliver and release the Milestone 2 Escrow Documents:\n(a) to the respective Shareholders not later than 10 business days after receipt by the Escrow Agent of a statutory declaration sworn by an officer of Foro (the \u201cMilestone 2 Statutory Declaration\u201d) stating that the Escrow Release Event, including without limitation the achievement of Milestone 2, for the release of the Milestone 2 Escrow Shares has occurred;\n(b) to the Company if the Escrow Agent has not received the Milestone 2 Statutory Declaration sworn by an officer of Foro on or before the Milestone 2 Date, within 10 business days following the receipt by the Escrow Agent of a statutory declaration of the Company stating that the Escrow Release Event for the release of the Milestone 2 Escrow Shares has not occurred, unless prior to the expiry of the 10 business day period referred to in subsection (a) above or subsection (b) above, as applicable, a Dispute Notice (as defined in Section 11) has been received by the Escrow Agent, and in such event, any statutory declaration received by the Escrow Agent subsection 7(a) above or subsection 7(b) above, as applicable, shall be inoperative until a final determination is made in accordance with Section 11.\n8. Upon receipt of the Milestone 2 Statutory Declaration pursuant to Section 7(a) or a statutory declaration sworn by the Company pursuant to Section 7(b), the Escrow Agent shall forthwith give notice in writing to the Company or Ali Saheli, as applicable, of such receipt and shall send with such notice a copy of such Milestone 2 Statutory Declaration to the Company or Ali Saheli, as applicable.\n9. During the period that the Milestone 1 Escrow Shares are held by the Escrow Agent, the Shareholders shall be entitled:\n(a) subject to the provisions of the British Columbia Business Corporations Act, to exercise all voting rights with respect to the Milestone 2 Escrow Shares for all purposes not inconsistent with the terms of the Share Exchange Agreement or this Agreement; and\n(b) subject to the provisions of the British Columbia Business Corporations Act, to receive all dividends and other distributions in respect of the Fee Shares made in compliance with the provisions of the Share Exchange Agreement and this Agreement; provided, however, that the certificate for any share representing stock dividends or distributions in respect of the Milestone 2 Escrow Shares or resulting from a subdivision, revision or reclassification of the Milestone 1 Escrow Shares, or received in exchange for the Milestone 2 Escrow Shares as a result of an amalgamation or merger, shall be pledged and deposited with the Escrow Agent hereunder.\n10. All dividends paid to the Shareholders in respect of the Milestone 2 Escrow Shares shall be held in escrow by the Escrow Agent for the benefit of the Shareholders and shall be paid to the Shareholders concurrently with release of the Milestone 2 Escrow Shares. If the Milestone 2 Escrow Documents are released by the Escrow Agent to the Company pursuant to subsection 3(a), any dividends received by the Escrow Agent from the Company in respect of the Milestone 2 Escrow Shares shall be remitted by the Escrow Agent to the Company.\n11. If Ali Saheli or the Company (each being a \u201cRequesting Party\u201d) delivers a statutory declaration pursuant to Section 3 or 7 hereof and the Company or Ali Saheli, as applicable (each being the \u201cDisputing Party\u201d) disputes whether the preconditions for delivery of the Milestone 1 Escrow Shares or the Milestone 2 Escrow Shares, as applicable, or if applicable portion thereof, to the Shareholders have been fulfilled or disputes the accuracy of the statutory declaration filed by Requesting Party, as applicable, then the Disputing Party shall within 10 business days of having received notice of the Escrow Agent\u2019s receipt of the statutory declaration under Section 3 or Section 7 hereof, as applicable, deliver a written notice to the Escrow Agent and to Company (a \u201cDispute Notice\u201d) demanding that the Escrow Agent not deliver the applicable Milestone 1 Escrow Shares or Milestone 2 Escrow Shares to the Shareholders or the Company, as applicable, and stating the basis therefore. If a Dispute Notice is received by the Escrow Agent within the 10 business day period provided for herein, the Escrow Agent shall not deliver the applicable Milestone 1 Escrow Shares or Milestone 2 Escrow Shares until it shall have received one of the following:\n(a) joint written instructions to deliver the applicable Milestone 1 Escrow Shares or Milestone 2 Escrow Shares signed on behalf of the Company and by Ali Saheli; or\n(b) a copy of a final judgment, order or decree of a court of competent jurisdiction that is no longer subject to appeal, stay, review, rehearing or reconsideration under applicable law.\n(a \u201cFinal Order\u201d). Upon receipt of any such joint instructions or Final Order directing or requiring delivery of the Milestone 1 Escrow Shares or Milestone 2 Escrow Shares, as applicable, the Escrow Agent shall deliver the Milestone 1 Escrow Shares or Milestone 2 Escrow Shares, as applicable in accordance with the terms of such instructions or Final Order.\n12. Any notice or other document required to be given or sent hereunder by any party shall be deemed to have been well and sufficiently given if mailed by prepaid registered mail, transmitted by facsimile transmission or delivered at the address/facsimile number of the other party hereinafter set forth: To the Company: Fundamental Applications Corp. 242 \u2013 \u2587\u2587\u2587 \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 Vancouver, BC V6B 6H5 Attention: \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 Email: \u2587\u2587\u2587\u2587\u2587\u2587@\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587 To the Shareholders: c/o Foro Technologies Inc. 605 \u2013 \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 Vancouver, BC V6G 1E6 Attention: Ali Saheli Email: \u2587\u2587\u2587@\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587.\u2587\u2587\u2587 or to such other address as the other party may from time to time direct in writing, and any such notice shall be deemed to have been received, if mailed or sent by facsimile transmission, 72 hours after the time of mailing or electronic transmission, and if delivered, upon the date of delivery. If normal mail service or electronic transmission is interrupted by strike, slowdown or other cause, a notice sent by the impaired means of communication will not be deemed to be received until actually received, and the party sending the notice shall utilize any other such services which have not been so interrupted or shall deliver such notice in order to ensure prompt receipt thereof.\n13. The acceptance by the Escrow Agent of its duties and obligations under this Agreement is subject to the following terms and conditions, which the parties to this Agreement agree will govern and control with respect to the Escrow Agent's rights, duties, liabilities and immunities:\n(a) the Escrow Agent in its capacity as Escrow Agent will be deemed to have no notice or knowledge of the contents of the Escrow Documents delivered hereunder and will have no responsibility in respect of loss of the Escrow Documents except the duty to exercise the same responsibility in the safekeeping thereof that it would exercise if the Escrow Documents were the property of the Escrow Agent;\n(b) the Escrow Agent will be protected in acting upon any written notice, request, waiver, consent, receipt, statutory declaration or other paper or document furnished to it and signed by the Company or its duly authorized signatory(ies) or the Shareholders, as applicable, not only concerning such person\u2019s due execution and the validity and effectiveness of its provisions but also concerning the truth and acceptability of any information therein contained, which the Escrow Agent in good faith believes to be genuine and what it purports to be;\n(c) except for acts of gross negligence or fraud, the Escrow Agent will not be liable for any act done or step taken or omitted by it in good faith, or for any mistake of fact or law;\n(d) the Escrow Agent may but is not obliged to consult with and obtain advice from legal counsel in the event of any questions concerning any of the provisions hereof or its duties hereunder and will incur no liability and will be fully protected in acting in good faith whether or not in accordance with the opinion and instructions of that counsel;\n(e) the Escrow Agent will have no duties except those that are expressly set out herein and will not be bound by any notice of a claim or demand with respect thereto or any waiver, modification, amendment, termination or rescission of this Agreement unless received in writing and signed by the Company and the Shareholders and, if its duties herein are affected, unless the Escrow Agent has given its written consent thereto;\n(f) the Escrow Agent may resign from its duties and responsibilities provided it gives each of the Company and the Shareholders 10 days\u2019 written notice (the ''Notice\") and on receipt of the Notice, the Company and the Shareholders will within that 10-day period jointly advise the Escrow Agent of a replacement escrow agent and instruct the Escrow Agent to deliver all the Escrow Documents to the replacement escrow agent;\n(g) if the Company and the Shareholders fail to agree on the replacement escrow agent within 10 days of the Notice, the replacement escrow agent will be selected by a single arbitrator under the provisions of the British Columbia Commercial Arbitration Act and this Agreement will be deemed to be a submission thereto. Upon the replacement escrow agent being so selected, the Company and the Shareholders shall be deemed to have instructed the Escrow Agent to deliver all Escrow Documents to the replacement escrow agent and the Escrow Agent shall forthwith comply with such instructions;\n(h) the Escrow Agent will continue to be bound by this Agreement until a replacement escrow agent is determined and the Escrow Agent receives from the Company and the Shareholders instructions to deliver the Escrow Documents to that replacement escrow agent;\n(i) if the Escrow Agent shall be aware of demands or adverse claims in connection with the Escrow Documents, the Escrow Agent may, notwithstanding anything to the contrary contained herein, at its sole discretion refuse to take any steps required of it under this Agreement and in so refusing may make no delivery of the Escrow Documents until the demands or adverse claims have been settled by all interested parties or until a court of competent jurisdiction has ruled on the matter and in so refusing to act the Escrow Agent shall not be or become liable in any way to any party;\n(j) without limiting or affecting any protection or indemnity contained in this Agreement, the Company and the Shareholders shall jointly and severally indemnify and save the Escrow Agent harmless from and against any and all liability, loss, cost, damages, claims, demands, suits, actions, expenses and disbursements of whatever kind and nature which may be incurred by, imposed upon, asserted against or demanded from the Escrow Agent in connection with the performance of its duties hereunder other than those arising from the gross negligence or fraud of the Escrow Agent.\n14. The Company will be liable for and shall pay the reasonable fees and expenses of the Escrow Agent in connection with the performance of its duties hereunder and in connection with any proceedings in which the Escrow Agent is involved as a result of agreeing to be act as an escrow agent pursuant to this Agreement. The Company and the Shareholders acknowledge that the Escrow Agent acts for the Company on various matters, such that a conflict may arise. The Company and the Shareholders hereby waive any conflict and acknowledge that should a disagreement arise between the Company and the Shareholders, the Escrow Agent shall not represent either of the Parties and the Parties will be referred to independent counsel.\n15. Notwithstanding any terms of this Agreement, and in particular without limitation those in Section 13, the Escrow Agent may assign its rights and obligations hereunder to a substitute escrow agent at any time without prior notice or consent of the Company and the Shareholders or both. Upon receipt of the substitute escrow agent's written undertaking to assume all liabilities and obligations of the Escrow Agent hereunder, the Escrow Agent will deliver the Escrow Documents to the substitute escrow agent and will thereupon be relieved of all such liabilities and obligations except the obligations to provide the Company and the Shareholders with notice of such assignment and a copy of the substitute escrow agent's undertaking forth with upon receipt of such undertaking. Any substitute escrow agent must be either a solicitor practicing in a firm of not less than 10 members in the city of Vancouver, British Columbia, or a trust company, bank or other entity licensed to carry on a trust or banking business in Canada.\n16. The parties acknowledge that the Escrow Agent is a law firm, which acts for the Company and that it may continue to act as such during the term of this Agreement and before and after any assignment of its rights and obligations hereunder to a replacement escrow agent. The Escrow Agent will be deemed not to be in conflict by virtue of its holding the Escrow Documents or performing its duties hereunder.\n17. If the Escrow Agent fails or refuses to act hereunder, the Company may appoint a substitute escrow agent provided such escrow agent is either a solicitor practicing in a firm of not less than 3 members in the City of Vancouver, British Columbia, or a trust company, bank or other entity licensed to carry on a trust or banking business in Canada.\n18. Except as expressly provided herein, the rights, powers and remedies of each of the parties are cumulative and not exclusive of any right, power or remedy that may be available to the party under the Share Exchange Agreement, at law or in equity.\n19. Time is of the essence of this Agreement and every provision thereof.\n20. When used herein the singular shall include the plural and vice versa, words importing gender shall be deemed to include the other gender or the body corporate and words importing the body corporate shall be deemed to include either gender. All legal rights and obligations hereunder shall be determined in accordance with the law of the province of British Columbia, Canada. Any reference to any statute or ordinance shall be deemed to be a reference to such statute or ordinance as it may be amended or replaced with similar legislation from time to time.\n21. This Agreement shall ensure to the benefit of and be binding upon the Company, the Shareholders, and the Escrow Agent and their respective heirs, executors, administrators, representatives, successors and assigns.\n22. 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