Common use of Resignation Clause in Contracts

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 316 contracts

Samples: Securities Escrow Agreement (RF Acquisition Corp II), Escrow Agreement (CHW Acquisition Corp), Stock Escrow Agreement (Ocean Capital Acquisition Corp)

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Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn the Escrow Shares over to a successor escrow agent appointed by the CompanyCompany and approved by the Representative, the Escrow Shares held hereunderwhich approval will not be unreasonably withheld, conditioned or delayed. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriateappropriate in the State of New York.

Appears in 78 contracts

Samples: Stock Escrow Agreement (ROC Energy Acquisition Corp.), Stock Escrow Agreement (Bellevue Life Sciences Acquisition Corp.), Stock Escrow Agreement (Bellevue Life Sciences Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 59 contracts

Samples: Securities Escrow Agreement (Bayview Acquisition Corp), Securities Escrow Agreement (Bayview Acquisition Corp), Stock Escrow Agreement (Trailblazer Merger Corp I)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over over, to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 30 contracts

Samples: Stock Escrow Agreement (Globalink Investment Inc.), Stock Escrow Agreement (Arisz Acquisition Corp.), Stock Escrow Agreement (Globalink Investment Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over over, to a successor escrow agent appointed by the CompanyCompany and approved by the Representative, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 16 contracts

Samples: Stock Escrow Agreement (Quetta Acquisition Corp), Stock Escrow Agreement (Quetta Acquisition Corp), Stock Escrow Agreement (Aquaron Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 15 contracts

Samples: Share Exchange Agreement (Spring Creek Acquisition Corp.), Stock Escrow Agreement (Millstream Acquisition Corp), Stock Escrow Agreement (Millstream Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Representative, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriateappropriate in the State of New York.

Appears in 14 contracts

Samples: Securities Escrow Agreement (Nb Capital Acquisition Corp.), Securities Escrow Agreement (Boulevard Acquisition Corp. Ii), Form of Securities Escrow Agreement (Boulevard Acquisition Corp. Ii)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 14 contracts

Samples: Stock Escrow Agreement (MedWorth Acquisition Corp.), Stock Escrow Agreement (MedWorth Acquisition Corp.), Stock Escrow Agreement (Hyde Park Acquisition Corp. II)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Maxim, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 12 contracts

Samples: Stock Escrow Agreement (Pinpoint Advance CORP), Stock Escrow Agreement (Energy Infrastructure Acquisition Corp.), Stock Escrow Agreement (Energy Infrastructure Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Representative, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriateappropriate in the State of New York.

Appears in 11 contracts

Samples: Stock Escrow Agreement (Akerna Corp.), Stock Escrow Agreement (Black Ridge Oil & Gas, Inc.), Stock Escrow Agreement (MTech Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Representative, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 11 contracts

Samples: Securities Escrow Agreement (Arcade China Acquisition Corp), Securities Escrow Agreement (Arcade China Acquisition Corp), Securities Escrow Agreement (Arcade China Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Warrants held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Warrants with any court it reasonably deems appropriate.

Appears in 10 contracts

Samples: Warrant Escrow Agreement (Redstar Partners, Inc.), Warrant Escrow Agreement (Polaris Acquisition Corp.), Warrant Escrow Agreement (Redstar Partners, Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice notice, and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, Company the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 10 contracts

Samples: Stock Escrow Agreement, Securities Escrow Agreement, Form of Stock Escrow Agreement (Golden Pond Healthcare, Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Xxxxxx Xxxxxx, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 9 contracts

Samples: Securities Escrow Agreement (Stone Tan China Acquisition Corp.), Securities Escrow Agreement (Stone Tan China Acquisition Corp.), Securities Escrow Agreement (Arcade Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter herein-after provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor suc-cessor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following follow-ing the giving giv-ing of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 8 contracts

Samples: Stock Escrow Agreement (China Fortune Acquisition Corp.), Stock Escrow Agreement (China Fortune Acquisition Corp.), Stock Escrow Agreement (China Discovery Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice notice, and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, Company the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 8 contracts

Samples: Stock Escrow Agreement (Global Technology Industries, Inc.), Stock Escrow Agreement (Global Technology Industries, Inc.), Stock Escrow Agreement (General Finance CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 8 contracts

Samples: Securities Escrow Agreement (Trans-India Acquisition Corp), Securities Escrow Agreement (Trans-India Acquisition Corp), Escrow Agreement (Korea Milestone Acquisition CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed jointly by the CompanyDB and Cowen, the Escrow Shares Asset held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Asset with any court it reasonably deems appropriate.

Appears in 8 contracts

Samples: Escrow Agreement (Chart Acquisition Corp.), Escrow Agreement (Chart Acquisition Group LLC), Escrow Agreement (Chart Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 7 contracts

Samples: Convertible Note Purchase Agreement (Real Messenger Corp), Stock Escrow Agreement (DT Cloud Acquisition Corp), Stock Escrow Agreement (DT Cloud Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 90 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 6 contracts

Samples: Stock Escrow Agreement (Mount Rainier Acquisition Corp.), Stock Escrow Agreement (Mount Rainier Acquisition Corp.), Stock Escrow Agreement (Mount Rainier Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Share held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 6 contracts

Samples: Stock Escrow Agreement (Shermen WSC Acquisition Corp), Stock Escrow Agreement (Federal Services Acquisition CORP), Stock Escrow Agreement (Federal Services Acquisition CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its it duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Share held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 5 contracts

Samples: Stock Escrow Agreement (Oracle Healthcare Acquisition Corp.), Stock Escrow Agreement (Highbury Financial Inc), Stock Escrow Agreement (Highbury Financial Inc)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice notice, and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over over, to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 5 contracts

Samples: Stock Escrow Agreement (Jensyn Acquisition Corp.), Stock Escrow Agreement (Jensyn Acquisition Corp.), Stock Escrow Agreement (Jensyn Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice notice, and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, and approved by Pali, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 5 contracts

Samples: Securities Escrow Agreement (International Brands Management Group LTD), Securities Escrow Agreement (International Brands Management Group LTD), Securities Escrow Agreement (TM Entertainment & Media, Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Representative, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 5 contracts

Samples: Stock Escrow Agreement (Alpha Security Group CORP), Stock Escrow Agreement (Alpha Security Group CORP), Stock Escrow Agreement (Alpha Security Group CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 5 contracts

Samples: Securities Escrow Agreement (TransTech Services Partners Inc.), Securities Escrow Agreement (China Resources Ltd.), Securities Escrow Agreement (TransTech Services Partners Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that as the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Assets held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Assets with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Escrow Agreement (SC Health Corp), Escrow Agreement (SC Health Corp), Escrow Agreement (Pure Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Chardan and the Initial Shareholders, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Securities Escrow Agreement (Prime Acquisition Corp), Securities Escrow Agreement (Prime Acquisition Corp), Securities Escrow Agreement (Prime Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany upon consent by FTN (such consent not to be unreasonably withheld), the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Symmetry Holdings Inc)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by EBC, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriateappropriate in the State of New York.

Appears in 4 contracts

Samples: Share Escrow Agreement (TKK SYMPHONY ACQUISITION Corp), Share Escrow Agreement (TKK SYMPHONY ACQUISITION Corp), Share Escrow Agreement (Twelve Seas Investment Co)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Chardan and the Initial Shareholders or their Permitted Transferees, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Securities Escrow Agreement (CIS Acquisition Ltd.), Securities Escrow Agreement (Chardan Metropol Acquisition Corp.), Securities Escrow Agreement (RNK Global Development Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Representatives, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Securities Escrow Agreement (United Refining Energy Corp), Securities Escrow Agreement (Wattles Acquisition Corp), Securities Escrow Agreement (United Refining Energy Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Xxxxxx, the Escrow Shares Units held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Units with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Stock Escrow Agreement (Phoenix India Acquisition Corp.), Stock Escrow Agreement (Phoenix India Acquisition Corp.), Stock Escrow Agreement (Phoenix India Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over over, to a successor escrow agent appointed by the CompanyCompany and approved by XX Xxxxxx, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Stock Escrow Agreement (Oak Woods Acquisition Corp), Stock Escrow Agreement (Oak Woods Acquisition Corp), Stock Escrow Agreement (Plutonian Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Rxxxxx and the Initial Shareholder or its Permitted Transferees, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Securities Escrow Agreement (Selway Capital Acquisition Corp.), Securities Escrow Agreement (Selway Capital Acquisition Corp.), Securities Escrow Agreement (Selway Capital Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter providednotice. Such resignation shall become effective at such time that the Escrow Agent shall turn over the Escrow Shares held hereunder to a successor escrow agent appointed by the Company, the Escrow Shares held hereunderCompany and approved by Maxim. If no new escrow agent is so appointed within the 60 day period following the giving of such Escrow Agent’s notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 4 contracts

Samples: Form of Stock Escrow Agreement (Asia Special Situation Acquisition Corp), Form of Stock Escrow Agreement (Asia Special Situation Acquisition Corp), Form of Stock Escrow Agreement (Asia Special Situation Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Representative, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 90 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Stock Escrow Agreement (Abri SPAC 2, Inc.), Stock Escrow Agreement (Abri SPAC I, Inc.), Stock Escrow Agreement (Abri SPAC I, Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by EBC, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Stock Escrow Agreement (CM Seven Star Acquisition Corp), Stock Escrow Agreement (CM Seven Star Acquisition Corp), Stock Escrow Agreement (CM Seven Star Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its it duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Share held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Form of Stock Escrow Agreement (MBF Healthcare Acquisition Corp.), Form of Stock Escrow Agreement (MBF Healthcare Acquisition Corp.), Form of Stock Escrow Agreement (MBF Healthcare Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Maxim Shares held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Maxim Shares with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Stock Escrow and Voting Agreement (Doubloon Corp.), Stock Escrow and Voting Agreement (Doubloon Corp.), Stock Escrow and Voting Agreement (TransTech Services Partners Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Stock held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Stock with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Stock Escrow Agreement (Super Plus Acquisition Corp), Stock Escrow Agreement (Super Plus Acquisition Corp), Stock Escrow Agreement (Neo Technology Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Xxxxxx, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Stock Escrow Agreement (Vector Intersect Security Acquisition Corp.), Stock Escrow Agreement (Vector Intersect Security Acquisition Corp.), Stock Escrow Agreement (Vector Intersect Security Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice thereof and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Founder Warrants held hereunder. If no new escrow agent is so appointed by the Company within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Founder Warrants with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Founder Warrant Escrow Agreement (Secure America Acquisition CORP), Founder Warrant Escrow Agreement (Secure America Acquisition CORP), Founder Warrant Escrow Agreement (Consumer Partners Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn the Escrow Shares over to a successor escrow agent appointed by Parent and approved by the CompanyHL Representative, the Escrow Shares held hereunderwhich approval will not be unreasonably withheld, conditioned or delayed. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriateappropriate in the State of New York.

Appears in 3 contracts

Samples: Stock Escrow Agreement (Schwarz Jeffrey E), Stock Escrow Agreement (Fusion Fuel Green PLC), Stock Escrow Agreement (Fusion Fuel Green PLC)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Aegis and the Initial Shareholder or its Permitted Transferees, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Securities Escrow Agreement (Selway Capital Acquisition Corp.), Securities Escrow Agreement (Selway Capital Acquisition Corp.), Securities Escrow Agreement (Selway Capital Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto Parties written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by Harbinger and the CompanyStockholders, the Escrow Shares Escrowed Property then held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Apollo Investment Fund Iv Lp), Securities Purchase Agreement (Harbinger Capital Partners Master Fund I, Ltd.), Escrow Agreement (Harbinger Capital Partners Master Fund I, Ltd.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany upon consent by the Representative with such consent not to be unreasonably withheld, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Form of Stock Escrow Agreement (Navitas International CORP), Form of Stock Escrow Agreement (Navitas International CORP), Form of Stock Escrow Agreement (Navitas International CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 [90]1 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Stock Escrow Agreement (Modiv Acquisition Corp.), Stock Escrow Agreement (Modiv Acquisition Corp.), Stock Escrow Agreement (Natural Order Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice thereof and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed by the Company within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 3 contracts

Samples: Stock Escrow Agreement (Consumer Partners Acquisition Corp.), Stock Escrow Agreement (Secure America Acquisition CORP), Stock Escrow Agreement (Green Energy Acquisition CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Chardan, which approval will not be unreasonably withheld, conditioned or delayed, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Stock Escrow Agreement (Redwoods Acquisition Corp.), Stock Escrow Agreement (Redwoods Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyFushi and Xxxxx, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriateappropriate without any liability to the Escrow Agent.

Appears in 2 contracts

Samples: Escrow Agreement (Fushi Copperweld, Inc.), Settlement Agreement (Fushi Copperweld, Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Sponsors’ Purchase Price held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Sponsors’ Purchase Price with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Escrow Agreement (Hf2 Financial Management Inc.), Escrow Agreement (Hf2 Financial Management Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Pali, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Securities Escrow Agreement (FMG Acquisition Corp), Securities Escrow Agreement (FMG Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by EarlyBird, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Share Escrow Agreement (Spring Creek Acquisition Corp.), Share Escrow Agreement (Spring Creek Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto 60 days’ prior written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Escrow Agreement (North Asia Investment CORP), Escrow Agreement (North Asia Investment CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over the Escrow Securities held hereunder to a successor escrow agent appointed by the Company, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Stock Escrow Agreement (SPAC II Acquisition Corp.), Stock Escrow Agreement (ASPAC I Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Mxxxxx Xxxxxx, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Securities Escrow Agreement (Camden Learning CORP), Securities Escrow Agreement (Camden Learning CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Representatives, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Securities Escrow Agreement (Lambert's Cove Acquisition CORP), Securities Escrow Agreement (Chardan 2008 China Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany upon consent by CIBC (such consent not to be unreasonably withheld), the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Symmetry Holdings Inc)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn the Escrow Securities held hereunder over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Stock Escrow Agreement (Keen Vision Acquisition Corp.), Stock Escrow Agreement (Keen Vision Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Xxxxxx, Xxxxx Xxxxx, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Stock Escrow Agreement (Education Media, Inc.), Stock and Warrant Escrow Agreement (Education Media, Inc.)

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Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyVivoPower, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Share Escrow Agreement (Arowana International LTD), Share Escrow Agreement (Chin Kevin)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over the Escrow Shares held hereunder to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Stock Escrow Agreement (Echo Healthcare Acquisition Corp.), Stock Escrow Agreement (Echo Healthcare Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriateappropriate and be relieved of any liability whatsoever.

Appears in 2 contracts

Samples: Securities Escrow Agreement (Cazador Acquisition Corp Ltd.), Securities Escrow Agreement (Cazador Acquisition Corp Ltd.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter herein-after provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor suc-cessor escrow agent appointed by the Company, the Escrow Shares Warrants held hereunder. If no new escrow agent is so appointed within the 60 day period following follow-ing the giving giv-ing of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Warrants with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Warrant Escrow Agreement (Columbus Acquisition Corp), Warrant Escrow Agreement (Columbus Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Deutsche Bank and the Initial Shareholders, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Securities Escrow Agreement (China Growth Equity Investment LTD), Securities Escrow Agreement (China Growth Equity Investment LTD)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties Parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent agent, appointed by the CompanyCompany and approved by Sponsors and Sellers, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Escrow Agreement (SGOCO Technology, Ltd.), Escrow Agreement (Hambrecht Asia Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Maxim, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 2 contracts

Samples: Securities Escrow Agreement (United Refining Energy Corp), Securities Escrow Agreement (United Refining Energy Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Xxxxxxxx, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (Shine Media Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any appropriate court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (Boulder Specialty Brands, Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Share held hereunder. If no new escrow agent is so appointed within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (Jacks Joel R)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Lazard and the Initial Shareholders, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (Aquasition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice thereof and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, Company the Escrow Shares held hereunder. If no new escrow agent is so appointed by the Company within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Form of Stock Escrow Agreement (BBV Vietnam S.E.A. Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Deutsche and the Initial Shareholders, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (China Growth Equity Investment LTD)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.5.6

Appears in 1 contract

Samples: Escrow Agreement

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Asset held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Asset with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Escrow Agreement (Infinity Cross Border Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyParent, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Renaissance Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn the Earn-Out Shares over to a successor escrow agent appointed by the CompanySPAC, the Escrow Shares held hereunderwhich appointment will not be unreasonably withheld, conditioned or delayed. If no new escrow agent is so appointed within the 60 day sixty (60)-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Earn-Out Shares with any court it reasonably deems appropriateappropriate in the State of New York.

Appears in 1 contract

Samples: Business Combination Agreement (Aurora Technology Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 30 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any appropriate court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (Renewable Energy Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by UBS, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (ASM Acquisition CO LTD)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by FBW, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (China Growth Alliance LTD)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 90 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (Atlas Acquisition Holdings Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day -day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (Crossfire Capital Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 90 day period following the giving receipt by the Company of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any appropriate court it reasonably deems appropriate.

Appears in 1 contract

Samples: Form of Stock Escrow Agreement (Bank Street Telecom Funding Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Lazard Capital Markets LLC, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (Apex Bioventures Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Chardan, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (China Fundamental Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares and/or Insider Warrants held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares and/or Insider Warrants with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (GSME Acquisition Partners I)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by Selway and approved by each of the Company, the Escrow Shares held hereunderKey Personnel. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Management Share Escrow Agreement (Selway Capital Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyParent, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Employment Agreement (Document Security Systems Inc)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Jesup, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (China Growth Alliance LTD)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by Selway and approved by the Company, the Escrow Shares held hereunderStockholders’ Representative. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Closing Payment Escrow Agreement (Selway Capital Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Chardin, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (Indas Green Acquisition CORP)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Representative, the Escrow Shares Securities held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Securities with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (Lank Acquisition Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice thereof and such resignation shall become effective as hereinafter herein-after provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Founder Warrants held hereunder. If no new escrow agent is so appointed by the Company within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Founder Warrants with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Founder Warrant Escrow Agreement (BBV Vietnam S.E.A. Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by the Member Representative, the Escrow Shares Escrowed Indemnification Stock held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Escrowed Indemnification Stock with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Escrow Agreement (Great American Group, Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by Sterling with the Companyconsent by Fortress (such consent not to be unreasonably withheld), the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 sixty (60) day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (Sterling Gold Corp)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter herein-after provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Stock Escrow Agreement (QuadraPoint Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Share Escrow Agreement (EVO Transportation & Energy Services, Inc.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the CompanyCompany and approved by Broadband, the Escrow Shares held hereunder. If no new escrow agent is so appointed within the 60 day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Securities Escrow Agreement (Hambrecht Asia Acquisition Corp.)

Resignation. The Escrow Agent may resign at any time and be discharged from its duties as escrow agent Escrow Agent hereunder by its giving the other parties hereto written notice thereof and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time that the Escrow Agent shall turn over to a successor escrow agent appointed by the Company, the Escrow Shares Private Placement Warrants held hereunder. If no new escrow agent is so appointed by the Company within the 60 60-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares Private Placement Warrants with any court it reasonably deems appropriate.

Appears in 1 contract

Samples: Private Placement Warrant Escrow Agreement (Chardan 2008 China Acquisition Corp.)

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