Common use of Deemed Acceptance Clause in Contracts

Deemed Acceptance. In the absence of any exception thereto filed in writing with the Escrow Agent within ninety (90) days after the date of filing with the Parties, any periodic report filed with the Parties shall constitute a final periodic report by and discharge of the Escrow Agent from all claims and liabilities with respect to the acts and transactions as shown in such report, and shall be binding and conclusive upon all persons.

Appears in 3 contracts

Samples: Sublicense Agreement (Peerless Systems Corp), Special Escrow Agreement (Tasco Holdings International, Inc.), Special Escrow Agreement (Tasco Holdings International, Inc.)

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Deemed Acceptance. In the absence of any exception thereto filed in writing with the Escrow Agent within ninety (90) days after the date of filing with delivery to the Parties, any Parties of the final periodic report filed with the Parties under Section 9.3, such report shall constitute a final periodic report by and discharge of the Escrow Agent from all claims and liabilities with respect to the acts and transactions as shown in such report, and shall be binding and conclusive upon all personsthe parties to this Escrow Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (RLJ Acquisition, Inc.)

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Deemed Acceptance. In the absence of any exception thereto filed in writing with the Escrow Agent within ninety (90) days after the date of filing with the Parties, any periodic report filed with the Parties shall constitute a final periodic report by and discharge of the Escrow Agent from all claims and liabilities with respect to the acts and transactions as shown in such report, and shall be binding and conclusive upon all persons.. GENERAL ESCROW AGREEMENT

Appears in 1 contract

Samples: Sublicense Agreement (Peerless Systems Corp)

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