Common use of Disposition and Termination Clause in Contracts

Disposition and Termination. The Escrow Agent shall deliver the Escrow Fund to the Parties as set forth in this Section 4. Upon delivery of the entire Escrow Fund by the Escrow Agent, this Escrow Agreement shall terminate, subject to the provisions of Section 8.

Appears in 2 contracts

Sources: Stock Purchase and Sale Agreement (Allegro Biodiesel Corp), Escrow Agreement (Diametrics Medical Inc)

Disposition and Termination. The Escrow Agent shall deliver the Escrow Fund to the Parties as set forth in this Section 4. Upon delivery of the entire Escrow Fund by the Escrow AgentAgent in accordance with Sections 4 and 5 above, this Escrow Agreement shall terminate, subject to the provisions of Section 8Sections 9 and 10.

Appears in 1 contract

Sources: Escrow Agreement (Pet DRx CORP)

Disposition and Termination. The Escrow Agent shall deliver the Escrow Fund to upon, and pursuant to, the Parties as set forth in this Section 4joint written instructions of Parent and Shareholders’ Representative. Upon delivery of the entire Escrow Fund by the Escrow Agent, this Escrow Agreement shall terminate, subject to the provisions of Section 8.

Appears in 1 contract

Sources: Escrow Agreement (Incentra Solutions, Inc.)

Disposition and Termination. The Escrow Agent shall deliver the Escrow Fund to upon, and pursuant to, the Parties as set forth in this Section 4joint written instructions of Purchaser and Seller. Upon delivery of the entire Escrow Fund by the Escrow Agent, this Escrow Agreement shall terminate, subject to the provisions of Section 8.

Appears in 1 contract

Sources: Escrow Agreement (Incentra Solutions, Inc.)