Common use of Termination of Escrow Clause in Contracts

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Escrow Shares are fully distributed or (ii) the written agreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii), the Escrow Agent shall distribute any of the Xxxxxxx Escrow Shares then held by it pursuant to the terms of the written agreement of the parties.

Appears in 5 contracts

Samples: Escrow Agreement (Galaxy Minerals Inc), Stock Purchase Agreement (Sk Technologies Corp), Stock Purchase Agreement (Sk Technologies Corp)

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Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Seaside Escrow Shares are fully distributed or (ii) the written agreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii), the Escrow Agent shall distribute any of the Xxxxxxx Seaside Escrow Shares then held by it pursuant to the terms of the written agreement of the parties.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Ivi Communications Inc), Escrow Agreement (Molecular Diagnostics Inc), Escrow Agreement (Fastfunds Financial Corp)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Escrow Shares Funds are fully distributed or (ii) the written agreement of the parties to terminate this Agreement. Upon , or (iii) the termination of this Escrow Agreement pursuant to subsection (ii), date that is one year after the Escrow Agent shall distribute any of the Xxxxxxx Escrow Shares then held by it pursuant to the terms of the written agreement of the partiesexecution hereof.

Appears in 2 contracts

Samples: Escrow Agreement (Vivakor, Inc.), Escrow Agreement (Vivakor, Inc.)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx performance of the Escrow Shares are fully distributed Agent of all its duties hereunder or (ii) the written agreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii), the Escrow Agent shall distribute any of the Xxxxxxx Birchington Escrow Shares then held by it pursuant to the terms of the written agreement of the parties.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Material Technologies Inc /Ca/), Escrow Agreement (Material Technologies Inc /Ca/)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Escrow Shares are fully distributed or Post-Closing Date, and (ii) the written agreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii)Agreement, the Escrow Agent shall distribute return any of the Xxxxxxx Escrow Shares Consideration then held by it to the Company pursuant to the terms of Purchase Agreement and the written agreement of the parties.other Transaction Documents. [Signature Page Follows]

Appears in 1 contract

Samples: Escrow Agreement (Michelex Corp)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Langley Escrow Shares are fully distributed or (ii) the written agreement of agrexxxxx xf the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii), the Escrow Agent shall distribute any of the Xxxxxxx Langley Escrow Shares then held by it pursuant to the terms of the written wxxxxxx agreement of the parties.

Appears in 1 contract

Samples: Stock Purchase Agreement (Avenue Group Inc)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Langley Escrow Shares are fully distributed fuxxx xxxtributed or (ii) the written agreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii), the Escrow Agent shall distribute any of the Xxxxxxx Langley Escrow Shares then held by hxxx xx it pursuant to the terms of the written agreement of the parties.

Appears in 1 contract

Samples: Stock Purchase Agreement (Directview Inc)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Langley Escrow Shares are fully distributed dxxxxxxxted or (ii) the written agreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii), the Escrow Agent shall distribute any of the Xxxxxxx Langley Escrow Shares then held by it pursuant bx xx xxrsuant to the terms of the written agreement of the parties.

Appears in 1 contract

Samples: Escrow Agreement (Vital Living Inc)

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Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Escrow Shares are fully distributed or (ii) the written agreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii)Agreement, the Escrow Agent shall distribute return any of the Xxxxxxx Escrow Shares then held by it to the Company pursuant to the terms of Purchase Agreement and the written agreement of the parties.other Transaction Documents. [ SIGNATURE PAGE FOLLOWS ]

Appears in 1 contract

Samples: Stock Purchase Agreement (Internal Hydro International Inc)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (iof:(i) the Xxxxxxx Escrow Shares are fully distributed or first to occur of the expiration date of the Termination Warrant and earlier exercise of the Termination Warrant in full; and (ii) the written agreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii)Agreement, the Escrow Agent shall distribute return any of the Xxxxxxx Termination Warrant Escrow Shares then held by it pursuant remaining in its possession to the terms of the written agreement of the Company or otherwise as instructed in writing by all parties.. [SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Samples: Escrow Agreement (Scores Holding Co Inc)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Langley Escrow Shares are fully distributed or (ii) the written agreement of agrexxxxx xf the parties to terminate this Agreement. Upon Upon, the termination of this Escrow Agreement pursuant to subsection (ii), the Escrow Agent shall distribute any of the Xxxxxxx Langley Escrow Shares then held by it pursuant to the terms of the written wxxxxxx agreement of the parties.

Appears in 1 contract

Samples: Escrow Agreement (Newport International Group Inc)

Termination of Escrow. The term of this Escrow Agreement shall begin upon the date hereof and shall continue until terminated upon the earlier to occur of (i) the Xxxxxxx Langley Escrow Shares are fully distributed or (ii) the written agreement wrixxxx xxreement of the parties to terminate this Agreement. Upon the termination of this Escrow Agreement pursuant to subsection (ii), the Escrow Agent shall distribute any of the Xxxxxxx Langley Escrow Shares then held by it pursuant to the terms of the xx xxx written agreement of the parties.

Appears in 1 contract

Samples: Stock Purchase Agreement (Imedia International Inc)

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