Common use of Termination of Duties Clause in Contracts

Termination of Duties. The obligations as Escrow and Transfer Agent thereunder shall terminate upon the Agent's transferring all funds held hereunder pursuant to the terms of Sections 7, 8, 9 and 10.

Appears in 2 contracts

Sources: Escrow and Transfer Agreement (PSB Bancgroup Inc), Escrow and Transfer Agreement (PSB Bancgroup Inc)