Discharge of Escrow Agent. Notwithstanding anything in this Agreement to the contrary, upon the distribution of the Escrow Deposit in accordance with the terms and conditions of this Agreement, the Escrow Agent shall be released, relieved and discharged from all duties and obligations hereunder.
Appears in 2 contracts
Sources: Escrow Agreement (Knowledge Transfer Systems Inc), Escrow Agreement (Strata Oil & Gas, Inc.)
Discharge of Escrow Agent. Notwithstanding anything in this Agreement to the contrary, upon the distribution of the Escrow Deposit Investment in accordance with the terms and conditions of this Agreement, the Escrow Agent shall be released, relieved and discharged from all duties and obligations hereunder.
Appears in 1 contract
Sources: Escrow Agreement (Rexit Inc.)
Discharge of Escrow Agent. Notwithstanding anything in this Agreement to the contrary, upon the distribution of the Escrow Deposit Shares in accordance with the terms and conditions of this Agreement, the Escrow Agent shall be released, relieved and discharged from all duties and obligations hereunder.
Appears in 1 contract