Common use of Successor Escrow Agent Clause in Contracts

Successor Escrow Agent. Any company into which the Escrow Agent may be merged or converted or with which it may be consolidated or any company resulting from any merger, conversion or consolidation to which it shall be a party or any company to which the Escrow Agent may sell or transfer all or substantially all of its escrow/custody business, provided such company shall be eligible to serve as the Escrow Agent hereunder, shall be the successor hereunder to the Escrow Agent without the execution or filing of any paper or any further act.

Appears in 2 contracts

Samples: Escrow Agreement (Providence Service Corp), Escrow Agreement (Providence Service Corp)

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Successor Escrow Agent. Any company corporation into which the Escrow Agent in its individual capacity may be merged or converted or with which it may be consolidated consolidated, or any company corporation resulting from any merger, conversion or consolidation to which it the Escrow Agent in its individual capacity shall be a party party, or any company corporation to which substantially all the corporate trust business of the Escrow Agent in its individual capacity may sell or transfer all or substantially all of its escrow/custody business, provided such company shall be eligible to serve as the Escrow Agent hereundertransferred, shall be the successor hereunder to the Escrow Agent under this Agreement without the execution or filing of any paper or any further act.

Appears in 2 contracts

Samples: Escrow Agreement (Clear Channel Communications Inc), Escrow Agreement (H & F Investors Iii Inc)

Successor Escrow Agent. Any company into which the Escrow Agent may ---------------------- be merged or converted or with which it may be consolidated or any company resulting from any merger, conversion or consolidation to which it shall be a party or any company to which the Escrow Agent may sell or transfer all or substantially all of its escrow/custody business, provided such company shall be eligible to serve as the Escrow Agent hereunder, shall be the successor hereunder to the Escrow Agent without the execution or filing of any paper or any further act.

Appears in 1 contract

Samples: Escrow Agreement (Read Rite Corp /De/)

Successor Escrow Agent. Any company corporation into which the Escrow Agent may be merged or converted or with which it may be consolidated consolidated, or any company corporation resulting from any merger, conversion conversion, consolidation or consolidation tax-free reorganization to which it the Escrow Agent shall be a party or any company corporation succeeding to which the corporate trust business of the Escrow Agent may sell or transfer all or substantially all of its escrow/custody business, provided such company shall be eligible to serve as the Escrow Agent hereunderAgent, shall be the successor hereunder to the Escrow Agent under this Escrow Agreement without the execution or filing of any paper or any further actother act on the part of the parties hereto, anything herein to the contrary notwithstanding.

Appears in 1 contract

Samples: Escrow Agreement

Successor Escrow Agent. Any company into which the Escrow Agent may be merged or converted or with which it may be consolidated or any company resulting from any merger, conversion or consolidation to which it shall be a party or any company to which the Escrow Agent may sell or transfer all or substantially all of its escrow/custody business, provided such company shall be eligible to serve as the Escrow Agent hereunder, shall be the successor hereunder to the Escrow Agent without the execution or filing of any paper or any further act.. Table of Contents

Appears in 1 contract

Samples: Escrow Agreement (Providence Service Corp)

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Successor Escrow Agent. Any company corporation into which the Escrow Agent may be merged or converted or with which it may be consolidated consolidated, or any company corporation resulting from any merger, conversion conversion, or consolidation to which it shall be a party or any company to which the Escrow Agent may sell shall be a party, or transfer all or any corporation to which substantially all the escrow business of its escrow/custody business, provided such company shall be eligible to serve as the Escrow Agent hereundermay be transferred, shall be the successor hereunder to Escrow Agent under this Agreement without further action by the parties. In such event, however, and notwithstanding the provisions of Section 4.9, the Manager may immediately upon ten (10) days’ notice remove the Escrow Agent without the execution or filing of any paper or any further actAgent.

Appears in 1 contract

Samples: Escrow Agreement (Cypress Equipment Fund A, LLC)

Successor Escrow Agent. Any company corporation into which the Escrow Agent in its individual capacity may be merged or converted or with which it may be consolidated consolidated, or any company corporation resulting from any merger, conversion or consolidation to which it Escrow Agent in its individual capacity shall be a party party, or any company corporation to which substantially all the escrow business of Escrow Agent in its individual capacity may sell or transfer all or substantially all of its escrow/custody business, provided such company shall be eligible to serve as the Escrow Agent hereundertransferred, shall be the successor hereunder to the Escrow Agent under this Agreement without the execution or filing of any paper or any further act.

Appears in 1 contract

Samples: Stock Purchase Agreement (QualityTech, LP)

Successor Escrow Agent. (a) Any company corporation into which the Escrow Agent in its individual capacity may be merged or converted or with which it may be consolidated consolidated, or any company corporation resulting from any merger, conversion or consolidation to which it the Escrow Agent in its individual capacity shall be a party party, or any company corporation to which substantially all of the corporate trust business of the Escrow Agent in its individual capacity (including the trust established by this Agreement) may sell or transfer all or substantially all of its escrow/custody business, provided such company shall be eligible to serve as the Escrow Agent hereundertransferred, shall be the successor hereunder to the Escrow Agent under this Agreement without the execution or filing of any paper or any further act.

Appears in 1 contract

Samples: Escrow Agreement (Riviera Holdings Corp)

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