Common use of Resignation of the Escrow Agent Clause in Contracts

Resignation of the Escrow Agent. The Escrow Agent may resign or be removed, at any time, for any reason, by written notice of its resignation or removal to the proper parties at their respective addresses as set forth herein, at least 60 days before the date specified for such resignation or removal to take effect. Upon the effective date of such resignation or removal:

Appears in 14 contracts

Samples: Escrow Agreement (FS Global Credit Opportunities Fund - ADV), Escrow Agreement (FS Energy & Power Fund II), Escrow Agreement (FS Investment Corp III)

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Resignation of the Escrow Agent. The Escrow Agent may resign or be removed, at any time, for any reason, by written notice of its resignation or removal to the proper parties at their respective addresses as set forth hereinin this Agreement, at least 60 days before the date specified for such resignation or removal to take effect. Upon the effective date of such resignation or removal:

Appears in 4 contracts

Samples: Escrow Agreement (BUSINESS DEVELOPMENT Corp OF AMERICA II), Form of Escrow Agreement (BDCA Senior Capital, Inc.), Escrow Agreement (BUSINESS DEVELOPMENT Corp OF AMERICA II)

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