ESCROW HOLDER’S OBLIGATIONS IF TIMELY OBJECTION NOTICE IS RECEIVED. IF ESCROW HOLDER RECEIVES AN OBJECTION NOTICE FROM BUYER WITHIN SAID TWENTY (20) DAY PERIOD, ESCROW HOLDER SHALL IMMEDIATELY NOTIFY SELLER IN WRITING OF BUYER’S CONFLICTING NOTICE, THE CONTROVERSY CREATED BY THE CONFLICTING NOTICES BY SELLER AND BUYER, AND THE DISPOSITION OF BUYER’S DEPOSITS SHALL BE RESOLVED EITHER BY (i) A COURT OF PROPER JURISDICTION OR (ii) ARBITRATION, IF BUYER AND SELLER SO AGREE. SELLER'S INITIALS [ ][ ] BUYER'S INITIALS [ ][ ]
Appears in 6 contracts
Samples: Joint Purchase Agreement, Joint Purchase Agreement, Joint Purchase Agreement