Disbursement Into Court. If, at any time, there shall exist any dispute between the Company, the Placement Agent and/or the purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s sole satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s proper actions with respect to its obligations hereunder, or if the Company and the Placement Agent have not within 30 days of the furnishing by the Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 9 contracts
Samples: Escrow Agreement (HiTek Global Inc.), Escrow Agreement (China Customer Relations Centers, Inc.), Escrow Agreement (Tai Shan Communications, Inc.)
Disbursement Into Court. If, at any time, there shall exist any dispute between the Company, the Placement Agent Underwriter and/or the purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s sole satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s proper actions with respect to its obligations hereunder, or if the Company and the Placement Agent Underwriter have not within 30 days of the furnishing by the Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 9 contracts
Samples: Escrow Agreement (Supertel Hospitality Inc), Amended Escrow Agreement (eFuture Information Technology Inc.), Escrow Agreement (Sino-Global Shipping America, Ltd.)
Disbursement Into Court. If, at any time, there shall exist any dispute between the Company, the Placement Agent and/or the purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s sole satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s proper actions with respect to its obligations hereunder, or if the Company and the Placement Agent have not within 30 days of the furnishing by the Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 4 contracts
Samples: Escrow Agreement (Pansoft CO LTD), Escrow Agreement (Homeowners Choice, Inc.), Escrow Agreement (Recon Technology, LTD)
Disbursement Into Court. If, at any time, there shall exist any dispute between the Company, the Placement Agent Underwriter and/or the purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s 's sole satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s 's proper actions with respect to its obligations hereunder, or if the Company and the Placement Agent Underwriter have not within 30 days of the furnishing by the Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 3 contracts
Samples: Escrow Agreement (Commonwealth Biotechnologies Inc), Escrow Agreement (Commonwealth Biotechnologies Inc), Form of Escrow Agreement (Hersha Hospitality Trust)
Disbursement Into Court. If, at any time, there shall exist any dispute between the Company, the Placement Agent and/or the purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s sole satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s proper actions with respect to its obligations hereunder, or if the Company and the Placement Agent have not within 30 thirty (30) days of the furnishing by the Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 3 contracts
Samples: Escrow Agreement, Escrow Agreement (Wheeler Real Estate Investment Trust, Inc.), Escrow Agreement (Homeowners Choice, Inc.)
Disbursement Into Court. If, at any time, there shall exist any dispute between the Company, the Placement Agent Underwriter and/or the purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s sole satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s proper actions with respect to its obligations hereunder, or if the Company and the Placement Agent Underwriter have not within 30 days of the furnishing by the Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 2 contracts
Samples: Form of Escrow Agreement (Qingdao Footwear, Inc.), Escrow Agreement (Qingdao Footwear, Inc.)
Disbursement Into Court. If, at any time, there shall exist any dispute between the Company, the Placement Sales Agent and/or the purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s sole satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s proper actions with respect to its obligations hereunder, or if the Company and the Placement Sales Agent have not within 30 thirty (30) days of the furnishing by the Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 1 contract
Disbursement Into Court. If, at any time, there shall exist any dispute between Indemnitors, Indemnitee or the Company, the Placement Agent and/or the purchasers Representatives with respect to the holding or disposition of any portion of the Escrow Amount Funds or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s sole satisfaction, the proper disposition of any portion of the Escrow Amount Funds or the Escrow Agent’s proper actions with respect to its obligations hereunder, or if the Company Indemnitors and the Placement Agent Indemnitee have not within 30 days of the furnishing by the Escrow Agent of a notice of resignation pursuant to Section 7 hereof, appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 1 contract
Samples: Acquisition Agreement (Dvi Inc)
Disbursement Into Court. If, at any time, there shall exist any dispute between the Company, the Placement Agent Underwriter and/or the purchasers with respect to the holding or disposition of any portion of the Escrow Amount or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s 's sole satisfaction, the proper disposition of any portion of the Escrow Amount or the Escrow Agent’s 's proper actions with respect to its obligations hereunder, or if the Company and the Placement Agent Underwriter have not within 30 days of the furnishing by the Escrow Agent of a notice of resignation appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 1 contract
Disbursement Into Court. If, at any time, there shall exist any dispute between Indemnitors, Indemnitee or the Company, the Placement Agent and/or the purchasers Representatives with respect to the holding or disposition of any portion of the Escrow Amount Funds or any other obligations of the Escrow Agent hereunder, or if at any time the Escrow Agent is unable to determine, to the Escrow Agent’s 's sole satisfaction, the proper disposition of any portion of the Escrow Amount Funds or the Escrow Agent’s 's proper actions with respect to its obligations hereunder, or if the Company Indemnitors and the Placement Agent Indemnitee have not within 30 days of the furnishing by the Escrow Agent of a notice of resignation pursuant to Section 7 hereof, appointed a successor Escrow Agent to act hereunder, then the Escrow Agent may, in its sole discretion, take either or both of the following actions:
Appears in 1 contract
