Instructions to Escrow Agent. Purchaser and Seller each hereby agrees to instruct the Escrow Agent to apply the amounts in the Escrow Account in accordance with Section 1.5 and each acknowledges and agrees that the Escrow Account shall only be used as provided herein and shall not be used for any other purposes whatsoever.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Textron Inc), Stock Purchase Agreement (Textron Inc), Stock Purchase Agreement (Omniquip International Inc)