Appointment of the Escrow Agent. Purchaser and the Seller Parties jointly appoint the Escrow Agent to receive, hold, administer and deliver the Escrow Funds (as defined below) in accordance with this Escrow Agreement and the Escrow Agent accepts such appointment, all subject to the terms and conditions set forth in this Escrow Agreement.
Appears in 2 contracts
Samples: Escrow Agreement (Nortel Networks LTD), Escrow Agreement (Nortel Networks LTD)
Appointment of the Escrow Agent. Purchaser and the Seller Parties jointly hereby appoint the Escrow Agent to receiveserve as escrow agent hereunder and to hold the Escrow Fund (as defined herein) in accordance with the terms, conditions and provisions of this Agreement. The Escrow Agent hereby accepts such appointment and agrees to perform all duties which are expressly set forth in this Agreement and to hold, administer invest, disburse and deliver apply the Escrow Funds Fund (as defined below) in accordance with this Escrow Agreement and the Escrow Agent accepts such appointment, all subject to the terms and conditions set forth in of this Escrow Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Glimcher Realty Trust)
Appointment of the Escrow Agent. The Purchaser and the Seller Parties Company hereby jointly appoint the Escrow Agent to receive, hold, administer and deliver as the Escrow Funds (as defined below) in accordance with escrow agent under this Escrow Agreement and the Escrow Agent hereby accepts such appointment, all subject appointment and agrees to hold the Escrowed Shares pending their disposition in accordance with the terms hereof and conditions set forth in this Escrow Agreementto perform its other duties hereunder.
Appears in 1 contract
Samples: Indemnity Escrow Agreement (Aquis Communications Group Inc)
Appointment of the Escrow Agent. Purchaser and the Seller Parties jointly hereby appoint the Escrow Agent to receiveserve as escrow agent hereunder and to hold the Escrow Fund (as defined herein) in accordance with the terms, conditions and provisions of this Agreement. The Escrow Agent hereby accepts such appointment and agrees to perform all duties which are expressly set forth in this Agreement and to hold, administer invest, disburse and deliver apply the Escrow Funds Fund (as defined below) in accordance with this Escrow Agreement and the Escrow Agent accepts such appointment, all subject to the terms and conditions set forth in of this Escrow Agreement. 2.
Appears in 1 contract
