New Escrow Agent. In the event of an appointment of a successor, the predecessor shall cease to be escrow agent of any funds, securities or other assets and records it may hold pursuant to this Escrow Agreement, and the successor shall become such escrow agent.
Appears in 3 contracts
Sources: Escrow Agreement (Lionbridge Technologies Inc /De/), Escrow Agreement (Sipex Corp), Escrow Agreement (Jeanty Roger O)