Common use of Distributions; Termination Clause in Contracts

Distributions; Termination. The Escrow Agent shall make distribution of the Deposit (i) as directed by written notice to Escrow Agent executed by Sellers and Buyer, or (ii) to either Sellers or Buyer as determined by a written arbitration award certified to Escrow Agent by either Sellers or Buyer as the award issued as the result of arbitration proceedings between Sellers and Buyer concerning entitlement to the Deposit, whichever of (i) or (ii) above first is received by Escrow Agent. This Agreement and the escrow arrangement created hereunder shall terminate at such time as the entire Deposit has been distributed in accordance with the provisions of this Section 5.

Distributions; Termination. The Escrow Agent shall make distribution of the Deposit Escrow Fund (i) as directed by written notice to Escrow Agent executed by Sellers and Buyer, or (ii) to either Sellers or Buyer as determined by a written arbitration award certified to Escrow Agent by either Sellers or Buyer as the award issued as the result of arbitration proceedings between Sellers and Buyer concerning entitlement to the DepositEscrow Fund, whichever of (i) or (ii) above first is received by Escrow Agent. This Agreement and the escrow arrangement created hereunder shall terminate at such time as the entire Deposit Escrow Fund has been distributed in accordance with the provisions of this Section 5.