Common use of Conflicting Demands Clause in Contracts

Conflicting Demands. In the event of any dispute among the parties hereto regarding the duties of the Escrow Agent under this Escrow Agreement, the parties hereto agree that the Escrow Agent will take no action until: (i) such action is agreed to in writing by the parties hereto or (ii) the issuance of a final court order by a court of competent jurisdiction directing the Escrow Agent with respect to the action which is the subject of the dispute.

Appears in 4 contracts

Samples: Escrow Agreement (Vectren Utility Holdings Inc), Escrow Agreement (Vectren Corp), Escrow Agreement (Vectren Corp)

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Conflicting Demands. In the event of any dispute among the parties hereto regarding the duties of the Escrow Agent under this Escrow Agreement, the parties hereto agree that the Escrow Agent will shall not be required to take no any action until: (i) such action is agreed to in writing by the parties hereto or (ii) the issuance of a final court order by a court of competent jurisdiction directing the Escrow Agent with respect to the action which is the subject of the dispute.

Appears in 2 contracts

Samples: Escrow Agreement (Atlas Merger Subsidiary, Inc.), Escrow Agreement (Atlas Merger Subsidiary, Inc.)

Conflicting Demands. In the event of any dispute among the parties hereto regarding the duties of conflicting demands are made or conflicting notices are served upon the Escrow Agent that are directly related to its duties under this Escrow Agreement, the parties hereto agree that the Escrow Agent will take no action until: until (i) such action is agreed to in writing by the parties hereto Parties or (ii) the issuance of a final court order by a court of competent jurisdiction directing the Escrow Agent with respect to the action which that is the subject of the disputeconflicting demands or notices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Darling International Inc)

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Conflicting Demands. In the event of any dispute among the parties hereto regarding the duties of conflicting demands are made or conflicting notices are served upon the Escrow Agent that are directly related to its duties under this Escrow Agreement, the parties hereto Parties agree that the Escrow Agent will take no action until: until (i) such action is agreed to in writing by the parties hereto Parties or (ii) the issuance of a final court order by a court of competent jurisdiction directing the Escrow Agent with respect to the action which that is the subject of the disputeconflicting demands or notices.

Appears in 1 contract

Samples: Escrow Agreement (USRG Management Company, LLC)

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