Common use of Ambiguity or Uncertainty Clause in Contracts

Ambiguity or Uncertainty. In the event of any ambiguity or uncertainty hereunder or in any notice, instruction or other communication received by the Escrow Agent hereunder, the Escrow Agent may, in its sole discretion, refrain from taking any action other than retaining possession of the Escrow Property, unless the Escrow Agent receives written instructions, signed by each of the Company, the Trustee and the Initial Purchasers which, in the sole discretion of the Escrow Agent, eliminates such ambiguity or uncertainty.

Appears in 1 contract

Samples: Escrow and Security Agreement (Signature Group Holdings, Inc.)

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Ambiguity or Uncertainty. In the event of any ambiguity or uncertainty hereunder or in any notice, instruction or other communication received by the Escrow Agent hereunder, the Escrow Agent may, in its reasonable sole discretion, refrain from taking any action other than retaining possession of the Escrow Property, unless the Escrow Agent receives written instructions, signed by each of the CompanyGrantor, the Trustee and the Initial Purchasers which, in the sole discretion of the Escrow Agent, Representatives which eliminates such ambiguity or uncertainty.

Appears in 1 contract

Samples: Escrow and Security Agreement (IntercontinentalExchange Group, Inc.)

Ambiguity or Uncertainty. In the event of any ambiguity or uncertainty hereunder or in any notice, instruction or other communication received by the Escrow Agent hereunder, the Escrow Agent may, in its sole discretion, refrain from taking any action other than retaining possession of the Escrow Property, unless the Escrow Agent receives written instructions, signed by each of the CompanyGrantor, the Trustee and the Initial Purchasers which, in the sole discretion of the Escrow Agent, Purchaser which eliminates such ambiguity or uncertainty.

Appears in 1 contract

Samples: Escrow and Security Agreement (Clearwire Corp /DE)

Ambiguity or Uncertainty. In the event of any ambiguity or uncertainty hereunder or in any notice, instruction or other communication received by the Escrow Agent hereunder, the Escrow Agent may, in its reasonable sole discretion, refrain from taking any action other than retaining possession of the Escrow Escrowed Property, unless the Escrow Agent receives written instructions, signed by each of the CompanyGrantor, the Trustee and and/or the Initial Purchasers whichRepresentative, in the sole discretion of the Escrow Agentas applicable, which eliminates such ambiguity or uncertainty.

Appears in 1 contract

Samples: Escrow and Security Agreement (TopBuild Corp)

Ambiguity or Uncertainty. In the event of any ambiguity or uncertainty hereunder or in any notice, instruction or other communication received by the Escrow Agent hereunder, the Escrow Agent may, in its reasonable sole discretion, refrain from taking any action other than retaining possession of the Escrow Property, unless the Escrow Agent receives written instructionsinstructions in accordance with the terms hereof, signed by each of the CompanyGrantor, the Trustee and the Initial Purchasers which, in the sole discretion of the Escrow Agent, Representatives which eliminates such ambiguity or uncertainty.

Appears in 1 contract

Samples: Escrow and Security Agreement (Intercontinental Exchange, Inc.)

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Ambiguity or Uncertainty. In the event of any ambiguity or uncertainty hereunder under this Agreement, or in any notice, instruction instruction, or other communication received by the Escrow Agent hereunder, the Escrow Agent may, in its sole discretion, refrain from taking any action other than retaining possession of action, and may retain the Escrow Property, pledged collateral until and unless the Escrow Agent it receives written instructions, instruction signed by each of the Company, the Trustee Worldtalk and the Initial Purchasers which, in the sole discretion of the Escrow Agent, Representative which eliminates such ambiguity uncertainty or uncertaintyambiguity.

Appears in 1 contract

Samples: Securities Purchase Agreement (Worldtalk Communications Corp)

Ambiguity or Uncertainty. In the event of any ambiguity or uncertainty hereunder or in any notice, instruction or other communication received by the Escrow Agent hereunder, the Escrow Agent may, in its reasonable sole discretion, refrain from taking any action other than retaining possession of the Escrow Property, unless the Escrow Agent receives written instructions, signed by each of the CompanyGrantor, the Trustee and the Initial Purchasers which, in the sole discretion of the Escrow Agent, Representative which eliminates such ambiguity or uncertainty.

Appears in 1 contract

Samples: Escrow and Security Agreement (Tempur Pedic International Inc)

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