/Docs/F/US/00/Agt/Acquire/Shares/MSPA/Annex/Escrow/0.md
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{_Escrow_Agent} may at any time resign as such by delivering the {_Escrow_Fund} to any successor {_Escrow_Agent} jointly designated by {_Buyer} and the {_Sellers'_Representative} in writing, or to any court of competent jurisdiction, whereupon {_Escrow_Agent} shall be discharged of and from any and all further obligations arising in connection with this {_Escrow_Agreement}. The resignation of {_Escrow_Agent} will take effect on the earlier of (i) the appointment of a successor (including a court of competent jurisdiction), or (ii) the day which is 30 days after the date of delivery of its written notice of resignation to the other parties. If at that time {_Escrow_Agent} has not received a designation of a successor {_Escrow_Agent}, {_Escrow_Agent}’s sole responsibility after that time shall be to retain and safeguard the {_Escrow_Fund} until receipt of a designation of successor {_Escrow_Agent} or a joint written disposition instruction by the other parties or a final nonappealable order of a court of competent jurisdiction.