Common use of Termination of Escrow Agreement Clause in Contracts

Termination of Escrow Agreement. The Escrow Agent's responsibilities thereunder shall terminate at such time as the Escrow Fund shall have been fully disbursed pursuant to the terms hereof, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank Party. Such written notice of earlier termination shall include instruction to the Escrow Agent for the distribution of the Escrow Fund.

Appears in 20 contracts

Samples: Proceeds Escrow Agreement (Online Holdings Inc), Proceeds Escrow Agreement (Online Holdings Inc), Proceeds Escrow Agreement (Fp Holdings Inc)

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Termination of Escrow Agreement. The Escrow Agent's ’s responsibilities thereunder shall terminate at such time as the Escrow Fund shall have been fully disbursed pursuant to the terms hereof, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank Party. Such written notice of earlier termination shall include instruction to the Escrow Agent for the distribution of the Escrow Fund.

Appears in 7 contracts

Samples: Proceeds Escrow Agreement (Wren, Inc.), Proceeds Escrow Agreement (Transact Energy Corp), Proceeds Escrow Agreement (RNS Software, Inc.)

Termination of Escrow Agreement. The Escrow Agent's ---------------------------------- responsibilities thereunder shall terminate at such time as the Escrow Fund shall have been fully disbursed pursuant to the terms hereof, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank Party. Such written notice of earlier termination shall include instruction to the Escrow Agent for the distribution of the Escrow Fund.

Appears in 6 contracts

Samples: Proceeds Escrow Agreement (Denali Concrete Management Inc), Proceeds Escrow Agreement (Silicon South Inc), Escrow Agreement (Alaska Freightways Inc)

Termination of Escrow Agreement. The Escrow Agent's responsibilities thereunder shall terminate at such time as the Escrow Fund Funds shall have been fully disbursed pursuant to the terms hereof, hereof and the Offering as contemplated has formally closed or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank Party. Such written notice of earlier termination shall include instruction to at such other time as explicitly provided in the Escrow Agent for the distribution of the Escrow FundAgreement.

Appears in 2 contracts

Samples: Placement Agent Agreement (Onecap), Placement Agent Agreement (Body Art & Science Inc)

Termination of Escrow Agreement. The Escrow Agent's responsibilities thereunder shall terminate at such time as the Escrow Fund shall have been fully disbursed pursuant to the terms hereof, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank PartyCompany. Such written notice of earlier termination shall include instruction to the Escrow Agent for the distribution of the Escrow Fund.

Appears in 2 contracts

Samples: Escrow Agreement (Simplagene Usa Inc), Escrow Agreement (Simplagene Usa Inc)

Termination of Escrow Agreement. The Escrow Agent's ’s responsibilities thereunder shall terminate at such time as the Escrow Fund Funds shall have been fully disbursed pursuant to the terms hereofhereof and the Offering as contemplated has formally terminated, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank Party. Such written notice of earlier termination shall include instruction to at such other time as explicitly provided in the Escrow Agent for the distribution of the Escrow FundAgreement.

Appears in 2 contracts

Samples: Placement Agent Agreement (Vendingdata Corp), Placement Agent Agreement (Vendingdata Corp)

Termination of Escrow Agreement. The Escrow Agent's ------------------------------------- responsibilities thereunder shall terminate at such time as the Escrow Fund shall have been fully disbursed pursuant to the terms hereof, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank Party. Such written notice of earlier termination shall include instruction to the Escrow Agent for the distribution of the Escrow Fund.

Appears in 1 contract

Samples: Proceeds Escrow Agreement (Sports Tack Inc)

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Termination of Escrow Agreement. The Escrow Agent's responsibilities thereunder under this Agreement shall terminate at such time as the Escrow Fund Funds shall have been fully disbursed pursuant to the terms hereofhereof and written notice provided to, and accepted by, the Corporation, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by an authorized person of the non-bank PartyCorporation. Such written notice of earlier termination shall include instruction to the Escrow Agent for the distribution of the Escrow FundFunds.

Appears in 1 contract

Samples: Escrow Agreement (Petsvetsandyou Com Inc)

Termination of Escrow Agreement. The Escrow Agent's ’s responsibilities thereunder hereunder shall terminate at such time as the Escrow Fund shall have been fully disbursed pursuant to the terms hereof, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank PartyCompany and Underwriter. Such written notice of earlier termination shall include instruction to the Escrow Agent for the distribution of the Escrow Fund.

Appears in 1 contract

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

Termination of Escrow Agreement. The Escrow Agent's ---------------------------------- responsibilities thereunder shall terminate at such time as the cash and Escrow Fund --- Shares shall have been fully disbursed pursuant to the terms hereof, or upon earlier termination of this escrow arrangement pursuant to written instructions executed by the non-bank Partyall. Such written notice of earlier termination shall include instruction to the Escrow Agent for the distribution of the Escrow FundShares.

Appears in 1 contract

Samples: Escrow Agreement (Simplagene Usa Inc)

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