Common use of Irrevocable Authorization and Instruction Clause in Contracts

Irrevocable Authorization and Instruction. If applicable, Pledgor and the Company hereby authorize and instruct the transfer agent for the Company (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor or the Company, and Pledgor and the Company agree that such transfer agents shall be fully protected in so complying with any such instruction from Secured Party.

Appears in 7 contracts

Samples: Pledge and Escrow Agreement (SRAX, Inc.), Pledge and Escrow Agreement (Jupiter Wellness, Inc.), Pledge and Escrow Agreement (Jupiter Wellness, Inc.)

AutoNDA by SimpleDocs

Irrevocable Authorization and Instruction. If applicable, Pledgor and the Company Companies hereby authorize and instruct the transfer agent for the Company Companies (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor or the CompanyCompanies, and Pledgor and the Company Companies agree that such transfer agents shall be fully protected in so complying with any such instruction from Secured Party.

Appears in 7 contracts

Samples: Pledge and Escrow Agreement (Sack Lunch Productions Inc.), Pledge and Escrow Agreement (Sack Lunch Productions Inc.), Pledge and Escrow Agreement (Sack Lunch Productions Inc.)

Irrevocable Authorization and Instruction. If applicable, Pledgor hereby authorizes and the Company hereby authorize and instruct the instructs its transfer agent for the Company (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor or the CompanyPledgor, and Pledgor and the Company agree agrees that such its transfer agents agent shall be fully protected in so complying with any such instruction from Secured Party.

Appears in 6 contracts

Samples: Pledge and Escrow Agreement (Revolutions Medical CORP), Pledge and Escrow Agreement (Aqualiv Technologies, Inc.), Pledge and Escrow Agreement (Aqualiv Technologies, Inc.)

Irrevocable Authorization and Instruction. If applicable, Pledgor and the Company hereby authorize and instruct the transfer agent for the such Company (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor or the Company, and Pledgor and the such Company agree that such transfer agents shall be fully protected in so complying with any such instruction from Secured Party.

Appears in 3 contracts

Samples: Securities Purchase Agreement (SinglePoint Inc.), Pledge and Escrow Agreement (Pacific Ventures Group, Inc.), Pledge and Escrow Agreement (Pacific Ventures Group, Inc.)

Irrevocable Authorization and Instruction. If applicable, Pledgor and the Company hereby authorize and instruct the transfer agent for the Company (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor or the Company, and Pledgor and the Company agree agrees that such transfer agents shall be fully protected in so complying with any such instruction from Secured Party.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Inventergy Global, Inc.)

Irrevocable Authorization and Instruction. If applicable, Pledgor and the Company hereby authorize and instruct the transfer agent for the Company (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an a Trigger Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor or the CompanyPledgor, and Pledgor and the Company agree agrees that such transfer agents shall be fully protected in so complying with any such instruction from Secured Party.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Urvan Steven F.)

AutoNDA by SimpleDocs

Irrevocable Authorization and Instruction. If applicable, Pledgor and the Company Issuer hereby authorize and instruct the transfer agent for the Company Issuer (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor or the CompanyIssuer, and Pledgor and the Company such Issuer agree that such transfer agents shall be fully protected in so complying with any such instruction from Secured Party.

Appears in 1 contract

Samples: Pledge Agreement (SinglePoint Inc.)

Irrevocable Authorization and Instruction. If applicable, Pledgor and the Company hereby authorize and instruct the transfer agent for the such Company (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor or the Company, and Pledgor and the Company agree that such transfer agents shall be fully protected in so complying with any such instruction from Secured Party.:

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Advanced Human Imaging LTD)

Irrevocable Authorization and Instruction. If applicable, Pledgor Pledgors and the Company Companies hereby authorize and instruct the transfer agent for the Company Companies (or transfer agents if there is more than one) to comply with any instruction received by it from Secured Party in writing that: (i) states that an Event of Default hereunder exists or has occurred; and (b) is otherwise in accordance with the terms of this Agreement, without any other or further instructions from Pledgor Pledgors or the CompanyCompanies, and Pledgor Pledgors and the Company Companies agree that such transfer agents shall be fully protected in so complying with any such instruction from Secured Party.

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Pulse Network, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.