Disposition of Deposit. In the event this Agreement is terminated by Eldorado on any basis other than pursuant to Section 7.2, Section 7.4.2, Section 7.4.3 or Section 7.4.5, the Deposit shall be disbursed to Eldorado in accordance with the Deposit Escrow Agreement. In the event this Agreement is terminated and Eldorado is not entitled to receive the Deposit in accordance with the immediately preceding sentence, CSBI shall be entitled to the return of the Deposit from the Deposit Escrow Agent.
Appears in 3 contracts
Sources: Merger Agreement (Commerce Security Bancorp Inc), Merger Agreement (Eldorado Bancorp), Merger Agreement (Commerce Security Bancorp Inc)