Common use of Remuneration of Escrow Agent Clause in Contracts

Remuneration of Escrow Agent. The Issuer agrees to pay the Escrow Agent’s fees in advance as may be agreed from time to time with the Issuer, together with the Escrow Agent’s expenses and disbursements. Notwithstanding any provision contained in this Agreement, the Issuer and the Securityholders agree that if any of the Escrow Agent’s fees, expenses and disbursements are in arrears then the Escrow Agent reserves the right to withhold the release of any Securities until such fees, expenses and disbursements are paid in full.

Appears in 19 contracts

Sources: Escrow Agreement, Escrow Agreement, Escrow Agreement

Remuneration of Escrow Agent. The Issuer agrees to pay the Escrow Agent’s 's fees in advance as may be agreed from time to time with the Issuer, together with the Escrow Agent’s 's expenses and disbursements. Notwithstanding any provision contained in this Agreement, the Issuer and the Securityholders agree that if any of the Escrow Agent’s 's fees, expenses and disbursements are in arrears then the Escrow Agent reserves the right to withhold the release of any Securities until such fees, expenses and disbursements are paid in full.

Appears in 3 contracts

Sources: Escrow Agreement (RewardStream Solutions Inc.), Escrow Agreement (Nutritional High International Inc), Escrow Agreement (Nutritional High International Inc)