Amendment; Resignation. This Agreement may be altered or amended only with the written consent of the parties hereto. The Escrow Agent (and any successor escrow agent) at any time may be discharged from its duties and obligations hereunder by the delivery to it of a notice of termination signed by the Company, or at any time the Escrow Agent may resign by giving written notice to such effect to the Issuer. Upon any such termination or resignation, the Escrow Agent shall deliver the Escrowed Amounts or the Fund to any successor escrow agent jointly designated by the other parties hereto in writing, or to any court of competent jurisdiction if no such successor escrow agent is agreed upon, whereupon the Escrow Agent shall be discharged of and from any and all further obligations arising in connection with this Escrow Agreement. The termination of services or resignation of the Escrow Agent shall take effect on the earlier of (i) the appointment of a successor (including a court of competent jurisdiction) or (ii) the day that is 30 days after the date of delivery: (A) to the Escrow Agent of the other parties’ notice of termination or (B) to the other parties hereto of the Escrow Agent’s written notice of resignation. If at that time the Escrow Agent has not received a designation of successor escrow agent, the Escrow Agent’s sole responsibility after that time shall be to keep the Escrowed Amounts or the Fund safe until receipt of a designation of a successor escrow agent or a joint written disposition instruction by the other parties hereto or an enforceable order of a court of competent jurisdiction. Without limiting the provisions of Section 8 hereof, the resigning Escrow Agent shall be entitled to be reimbursed by the Issuer for any expenses incurred in connection with its resignation, transfer of the Fund to a successor escrow agent or distribution of the Fund pursuant to this Section 6.
Amendment; Resignation. This Agreement may be altered or amended only with the written consent of the Issuer, the Underwriter and the Escrow Agent.
Amendment; Resignation. This Agreement may be altered or amended only ---------------------- with the written consent of the Company, Golden Sand, the Golden Sand Shareholders, Xxxxxxxxxx and the Escrow Agent. The Escrow Agent may resign as Escrow Agent at any time upon ten (10) days' prior written notice to the parties. In the case of the Escrow Agent's resignation, its only duty shall be to hold and dispose of the Escrow Funds in accordance with the original provisions of this Agreement until a successor Escrow Agent shall be appointed and written notice of the name and address of such successor Escrow Agent shall be given to the Escrow Agent by the Company, whereupon the Escrow Agent's only duty shall be to pay over to the successor Escrow Agent the Escrow Funds.
Amendment; Resignation. This Agreement may be altered or amended only with the written consent of the Issuer and the Escrow Agent. The Escrow Agent may resign for any reason upon thirty (30) business days written
Amendment; Resignation. This Agreement may be altered or amended only with the written consent of the Issuer and the Escrow Agent. The Escrow Agent may resign for any reason upon seven (7) business days written notice to the Issuer. Should the Escrow Agent resign as herein provided, it shall not be required to accept any deposit, make any disbursement or otherwise dispose of the Deposited Proceeds, but its only duty shall be to hold the Deposited Proceeds for a period of not more than ten (10) business days following the effective date of such resignation, at which time
Amendment; Resignation. (a) This Agreement and/or the terms of the Offering to the extent it affects this Agreement, may be altered or amended only with the written consent of all of the parties hereto.
Amendment; Resignation. This Agreement may be altered or amended only with the written consent of the Company and the Escrow Agent. The Escrow Agent may resign for any reason upon three (3) business days’ written notice to the Company. Should the Escrow Agent resign as herein provided, it shall not be required to perform any duties under this Agreement. Successor escrow agent shall have been appointed and written notice thereof (including the name and address of such successor escrow agent) shall have been given to the resigning Escrow Agent by the Company and such successor Escrow Agent, then the resigning Escrow Agent shall deliver over to the successor escrow agent the Shares, less any portion thereof previously delivered in accordance with this Agreement; or (b) if the resigning Escrow Agent shall not have received written notice signed by the Company and a successor escrow agent, then the resigning Escrow Agent shall promptly refund the amount in the Fund to each prospective purchaser, without interest thereon or deduction therefrom, and the resigning Escrow Agent shall promptly notify the Company In writing of its liquidation and distribution of the fund; whereupon, in either case, the Escrow Agent shall be relived of all further obligations and released from all liability under this Agreement. Without limiting the provisions of Section 8 hereof, the resigning Escrow Agent shall be entitled to be reimbursed by the Company for any expenses incurred in connection with its resignation, transfer of the Fund to a successor escrow agent or distribution of the fund pursuant to this Section.
Amendment; Resignation. This Escrow Agreement may be modified or amended only in writing and with the written consent of all of the parties hereto. Should the parties herein attempt to change this Escrow Agreement in a manner which, in the Escrow Agent's sole opinion, is undesirable, the Escrow Agent may resign as Escrow Agent upon three days' written notice to the other parties hereto; otherwise, it may resign as Escrow Agent at any time upon five days' written notice to the parties hereto. In the case of the Escrow Agent's resignation its only duty shall be to hold and dispose of the SuperShuttle Shares and the Sellers' Shares in accordance with the original provisions of this Escrow Agreement until a successor escrow agent shall be appointed and written notice of the name and address of such successor escrow agent shall be given to the Escrow Agent by SuperShuttle and/or the Companies and the Sellers; whereupon the Escrow Agent's only duty
Amendment; Resignation. This Agreement may be altered or amended only with the written consent of the Company, the Managing Dealer and the Escrow Agent. The Escrow Agent may resign as the Escrow Agent at any time upon 10 days' prior written notice to the Company and the Managing Dealer. In the case of the Escrow Agent's resignation, its only duty shall be to hold and dispose of the funds in the Escrow Account in accordance with the original provisions of this Agreement until a successor Escrow Agent shall be appointed and written notice of the name and address of such successor Escrow Agent shall be given to the Escrow Agent by the Company and the Managing Dealer, whereupon the Escrow Agent's only duty shall be to pay over to the successor Escrow Agent the funds in the Escrow Account, less any portion thereof previously paid out in accordance with this Agreement. In the event the Escrow Agent is not notified within 15 days of the appointment of a successor Escrow Agent, the Escrow Agent shall be entitled to transfer all funds and assets to a court of competent jurisdiction with a request to have a successor appointed. Upon filing such action and delivering such assets, the Escrow Agent's obligations and responsibilities shall cease. Similarly, the Company and the Managing Dealer, by mutual consent, may also jointly terminate the Escrow Agent and appoint a successor Escrow Agent by providing 15 days' written notice to the Escrow Agent. This Agreement may be terminated at any time by a written document signed by all parties to this Agreement.
Amendment; Resignation. The Distribution Agent may resign for any reason upon seven (7) business days written notice to Sheffield. Should the Distribution Agent resign as herein provided, it shall not be required to accept any deposit, make any disbursement or otherwise dispose of the Escrowed Securities, but its only duty shall be to hold the Escrowed Securities unless if a successor distribution agent shall have been appointed and written notice thereof (including the name and address of such successor distribution agent) shall have been given to the resigning Distribution Agent by Sheffield and the successor distribution agent, at which time the resigning Distribution Agent shall pay over to the successor distribution agent the Escrowed Securities. Upon the resignation, dissolution, disqualification or refusal of Distribution Agent (or any successor distribution agent) to serve, or continue to serve under this Escrow Agreement, and should the parties hereto fail to agree upon a successor distribution agent, Sheffield shall have the right to designate a qualified distribution agent who shall enter into and be bound by the terms of this Agreement.
