Common use of By Escrow Agent Clause in Contracts

By Escrow Agent. By Escrow Agent at any time, provided that Escrow Agent has given Licensors and Licensee notice to that effect in writing at least ninety (90) days before the contemplated date of termination, whereupon Licensors shall diligently attempt to identify an independent successor Escrow Agent, reasonably acceptable to all Licensee, who is agreeable to assuming all further obligations of Escrow Agent hereunder;