Common use of Delivery of funds transfer instructions by password protected file transfer system with confirmation Clause in Contracts

Delivery of funds transfer instructions by password protected file transfer system with confirmation. Same as Option 3 above, but the Escrow Agent shall confirm funds transfer instructions by ☐ telephone call-back or ☐ e-mail (must check at least one, may check both) to a person at the telephone number or e-mail address designated on Part II above. By checking a box in the prior sentence, the party shall be deemed to have agreed to the terms of such confirmation option as more fully described in Option 1 and Option 2 above. *The password protected file system has a password that expires every 60 days. If you anticipate having infrequent activity on this account, please consult with your Escrow Agent before selecting this option. Dated this ____ day of ___________, 2021. By ________________________________________ Name: Xxxxxx Xxxxxxxxx Title: CEO EXHIBIT B-2 Xxxxxx Xxxxxxxx, in his capacity as Seller Representative, certifies that the names, titles, telephone numbers, e-mail addresses and specimen signatures set forth in Parts I and II of this Exhibit B-2 identify the persons authorized to provide direction and initiate or confirm transactions, including funds transfer instructions, on behalf of Seller Representative, and that the option checked in Part III of this Exhibit B-2 is the security procedure selected by Seller Representative for use in verifying that a funds transfer instruction received by the Escrow Agent is that of Seller Representative. Seller Representative has reviewed each of the security procedures and has determined that the option checked in Part III of this Exhibit B-2 best meets its requirements; given the size, type and frequency of the instructions it will issue to the Escrow Agent. By selecting the security procedure specified in Part III of this Exhibit B-2, Seller Representative acknowledges that it has elected to not use the other security procedures described and agrees to be bound by any funds transfer instruction, whether or not authorized, issued in its name and accepted by the Escrow Agent in compliance with the particular security procedure chosen by Seller Representative.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Digital Media Solutions, Inc.), Asset Purchase Agreement (Digital Media Solutions, Inc.)

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Delivery of funds transfer instructions by password protected file transfer system with confirmation. Same as Option 3 above, but the Escrow Agent shall confirm funds transfer instructions by ¨ telephone call-back or ¨ e-mail (must check at least one, may check both) to a person at the telephone number or e-mail address designated on Part II above. By checking a box in the prior sentence, the party shall be deemed to have agreed to the terms of such confirmation option as more fully described in Option 1 and Option 2 above. *The password protected file system has a password that expires every 60 days. If you anticipate having infrequent activity on this account, please consult with your Escrow Agent before selecting this option. Dated this ____ day of ___________, 202120__. By ________________________________________ Name: Xxxxxx Xxxxxxxxx Title: CEO EXHIBIT B-2 Xxxxxx Xxxxxxxx, in his capacity as Seller Representative, Parent certifies that the names, titles, telephone numbers, e-mail addresses and specimen signatures set forth in Parts I and II of this Exhibit B-2 identify the persons authorized to provide direction and initiate or confirm transactions, including funds transfer instructions, on behalf of Seller RepresentativeParent, and that the option checked in Part III of this Exhibit B-2 is the security procedure selected by Seller Representative Parent for use in verifying that a funds transfer instruction received by the Escrow Agent is that of Seller RepresentativeParent. Seller Representative Parent has reviewed each of the security procedures and has determined that the option checked in Part III of this Exhibit B-2 best meets its requirements; given the size, type and frequency of the instructions it will issue to the Escrow Agent. By selecting the security procedure specified in Part III of this Exhibit B-2, Seller Representative Parent acknowledges that it has elected to not use the other security procedures described and agrees to be bound by any funds transfer instruction, whether or not authorized, issued in its name and accepted by the Escrow Agent in compliance with the particular security procedure chosen by Seller RepresentativeParent.

Appears in 1 contract

Samples: Purchase Agreement (American Realty Capital Healthcare Trust III, Inc.)

Delivery of funds transfer instructions by password protected file transfer system with confirmation. Same as Option 3 above, but the Escrow Agent shall confirm funds transfer instructions by ☐ telephone call-back or ☐ e-mail (must check at least one, may check both) to a person at the telephone number or e-mail address designated on Part II above. By checking a box in the prior sentence, the party shall be deemed to have agreed to the terms of such confirmation option as more fully described in Option 1 and Option 2 above. ** The password protected file system has a password that expires every 60 days. If you anticipate having infrequent activity on this account, please consult with your Escrow Agent before selecting this option. Dated this ____ day of ___________, 20212022. FINTECH ECOSYSTEM DEVELOPMENT CORP. By ________________________________________ Name: Xxxxxx Xxxxxxxxx Title: CEO EXHIBIT B-2 Xxxxxx Xxxxxxxx, in his capacity as Seller Representative, SCHEDULE A-2 Shareholder Representative certifies that the names, titles, telephone numbers, e-mail addresses and specimen signatures set forth in Parts I and II of this Exhibit B-2 Schedule A-2 identify the persons authorized to provide direction and initiate or confirm transactions, including funds transfer instructions, on behalf of Seller Shareholder Representative, and that the option checked in Part III of this Exhibit B-2 Schedule A-2 is the security procedure selected by Seller Shareholder Representative for use in verifying that a funds transfer instruction received by the Escrow Agent is that of Seller Shareholder Representative. Seller Shareholder Representative has reviewed each of the security procedures and has determined that the option checked in Part III of this Exhibit B-2 Schedule A-2 best meets its requirements; given the size, type and frequency of the instructions it will issue to the Escrow Agent. By selecting the security procedure specified in Part III of this Exhibit B-2Schedule A-2, Seller Shareholder Representative acknowledges that it has elected to not use the other security procedures described and agrees to be bound by any funds transfer instruction, whether or not authorized, issued in its their name and accepted by the Escrow Agent in compliance with the particular security procedure chosen by Seller Shareholder Representative.

Appears in 1 contract

Samples: Business Combination Agreement (Fintech Ecosystem Development Corp.)

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Delivery of funds transfer instructions by password protected file transfer system with confirmation. Same as Option 3 above, but the Escrow Agent shall confirm funds transfer instructions by telephone call-back or e-mail (must check at least one, may check both) to a person at the telephone number or e-mail address designated on Part II above. By checking a box in the prior sentence, the party shall be deemed to have agreed to the terms of such confirmation option as more fully described in Option 1 and Option 2 above. *The password protected file system has a password that expires every 60 days. If you anticipate having infrequent activity on this account, please consult with your Escrow Agent before selecting this option. Dated this ____ day of ___________, 202120__. By ________________________________________ Name: Xxxxxx Xxxxxxxxx Title: CEO EXHIBIT B-2 Xxxxxx Xxxxxxxx, in his capacity as Seller Representative, Exhibit X-00 XXXXXXX X-0 The Stockholder Representative certifies that the names, titles, telephone numbers, e-mail addresses and specimen signatures set forth in Parts I and II of this Exhibit B-2 identify the persons authorized to provide direction and initiate or confirm transactions, including funds transfer instructions, on behalf of Seller the Stockholder Representative, and that the option checked in Part III of this Exhibit B-2 is the security procedure selected by Seller the Stockholder Representative for use in verifying that a funds transfer instruction received by the Escrow Agent is that of Seller the Stockholder Representative. Seller The Stockholder Representative has reviewed each of the security procedures and has determined that the option checked in Part III of this Exhibit B-2 best meets its requirements; given the size, type and frequency of the instructions it will issue to the Escrow Agent. By selecting the security procedure specified in Part III of this Exhibit B-2, Seller the Stockholder Representative acknowledges that it has elected to not use the other security procedures described and agrees to be bound by any funds transfer instruction, whether or not authorized, issued in its name and accepted by the Escrow Agent in compliance with the particular security procedure chosen by Seller the Stockholder Representative.

Appears in 1 contract

Samples: Escrow Agreement (Merit Medical Systems Inc)

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