Release of Deposit. If Escrow Agent does not receive Contrary Instructions ------------------ from the Depositor, Escrow Agent is authorized to release the Deposit Materials to the Preferred Beneficiary or, if more than one beneficiary is registered to the deposit, to release a copy of the Deposit Materials to the Preferred Beneficiary. However, Escrow Agent is entitled to receive any fees due Escrow Agent before making the release. Any copying expense in excess of $300 will be chargeable to Preferred Beneficiary. This Agreement will terminate upon the release of the Deposit Materials held by Escrow Agent.
Appears in 2 contracts
Samples: Voting Agreement (Broadbase Software Inc), Agreement and Plan of Merger (Kana Communications Inc)
Release of Deposit. If Escrow Agent does not receive Contrary Instructions ------------------ from the Depositor, Escrow Agent is authorized to release the Deposit Materials to the Preferred Beneficiary or, if more than one beneficiary is registered to the deposit, to release a copy of the Deposit Materials to the Preferred Beneficiary. However, Escrow Agent is entitled to receive any fees due Escrow Agent before making the release. Any copying expense in excess of $300 will be chargeable to Preferred Beneficiary. This Agreement will terminate upon the release of the Deposit Materials held by Escrow Agent.
Appears in 2 contracts
Samples: Distribution and License Agreement (Kana Communications Inc), License Agreement (Kana Communications Inc)
Release of Deposit. If Escrow Agent does not receive Contrary Instructions ------------------ from the Depositor, Escrow Agent is authorized to release the Deposit Materials to the Preferred Beneficiary or, if more than one beneficiary is registered to the deposit, to release a copy of the Deposit Materials to the Preferred Beneficiary. However, Escrow Agent is entitled to receive any fees due Escrow Agent before making the release. Any copying expense in excess of $300 will be chargeable to Preferred Beneficiary. This Agreement Upon any such release, the escrow arrangement will terminate upon as it relates to the release of Depositor and Preferred Beneficiary involved in the Deposit Materials held by Escrow Agentrelease.
Appears in 1 contract
Samples: License Agreement (Innerspace Corp)