Release of Escrowed Property. The Escrow Agreement provides that subject to the terms and conditions set forth therein, the Escrow Agent will liquidate all Escrowed Property then held by it and cause the release of the proceeds of such liquidated Escrowed Property to the Company or to such other Person as the Company directs in accordance with the terms of the Escrow Agreement.
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Samples: Second Supplemental Indenture (RXO, Inc.), Second Supplemental Indenture (XPO Logistics, Inc.), Supplemental Indenture (XPO Logistics, Inc.)
Release of Escrowed Property. The Upon the receipt by the Trustee and the Escrow Agent of an Escrow Release Officer’s Certificate in accordance with the Escrow Agreement, the Escrow Agreement provides that subject to the terms and conditions set forth therein, the Escrow Agent will liquidate cause the liquidation of all Escrowed Property then held by it and cause the release of the proceeds of such liquidated Escrowed Property to or on the order of the Company or to such other Person as on the Company directs Release Date in accordance with the terms of the Escrow Agreement.
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