Joint Instructions Clause Samples
The Joint Instructions clause establishes a framework for parties to issue directives or instructions collectively, rather than individually, to a third party or service provider. In practice, this means that any actions, changes, or requests that require direction must be agreed upon and communicated jointly by all relevant parties, ensuring that no single party can unilaterally alter the agreed course of action. This clause is essential for maintaining coordinated decision-making and preventing disputes or confusion that could arise from conflicting or unauthorized instructions.
Joint Instructions. Upon joint written notice and instruction ------------------ from Buyer and the Stockholders' Representative that the Escrow Fund, or any portion thereof, should be disbursed, the Escrow Agent shall make such disbursement in accordance with the directions set forth in such joint written notice and instruction.
Joint Instructions. In the event that the Escrow Agent receives joint instructions in writing from Purchaser and Seller, such instructions maybe revoked only (i) if Escrow Agent has not already acted upon such joint instructions and (ii) pursuant to further joint instructions in writing of Purchaser and Seller or a Court Order.
Joint Instructions. As used herein, references to “joint instructions” from Samsung and Staktek or action taken “jointly” by Staktek and Samsung means a written instruction or other document signed in one or more counterparts by Staktek and Samsung.
Joint Instructions. Symantec and Quarterdeck may, by joint written instruction to Escrow Agent, authorize the delivery of the Deposit to the party named in the instruction; provided that Escrow Agent shall not comply with any such instructions unless it notifies Quarterdeck of such instructions and Escrow Agent's intention to release the Deposit to Symantec and Quarterdeck confirms such instructions in writing. Escrow Agent shall in any event wait not less than five business days after sending such notice before releasing the Deposit, even if it earlier receives such confirmation.
Joint Instructions. Notwithstanding any provision contained herein to the contrary, Escrow Agent is authorized and directed to transfer Escrow Funds in accordance with the joint written instructions of Seller and Purchaser.
Joint Instructions. This Agreement shall also constitute Escrow Instructions to Escrow Holder upon acceptance by Escrow Holder of this Agreement.
Joint Instructions. If a certificate executed by both New DHC and ANPP or written instructions are given by both New DHC and ANPP to the Escrow Agent, which certificate or instructions specifically reference this Agreement and specify the conditions set forth in Section 6(b) below, and which certificate or instructions instruct the Escrow Agent to distribute the number of the ANPP Escrow Shares and the amount of Additional Escrow Property (and any interest or dividends which have been earned thereon) or such portion thereof in a particular manner to any person or persons, such ANPP Escrow Shares and Additional Escrow Property (and any interest or dividends which have been earned thereon) or such portion will be so distributed by the Escrow Agent.
Joint Instructions. The Parties shall execute and deliver joint written instructions to the Escrow Agent directing the Escrow Agent to deliver the Deposit (together with all interest earned thereon) to Seller.
Joint Instructions.
(a) Upon and in-line with the:
(i) joint instruction of Lender, Platform and Borrower, the Escrow agent may dispose of the Borrower's BTC or any part thereof in any way;
(ii) joint instruction of Lender and Platform made in Self-liquidation case, the Escrow agent may dispose of the BTC used for repayment or any part thereof in any way;
(iii) joint instruction of Lender and Platform made in Liquidator involved case, the Escrow agent may send the BTC used for repayment or any part thereof to Liquidator's address
(A) despite conditions for such release stipulated by these Rules have not been met, or (B) after fulfillment of (different) condition or conditions specified by the instruction – for the avoidance of doubt, conditions stipulated by the instruction will be alternative to conditions laid down in these Rules (and thus the Escrow agent will remain obliged to make any release contemplated by these Rules should the respective conditions be met first);
(iv) joint instruction of Lender, Platform and Liquidator made in Liquidator involved case, the Escrow agent may dispose of the BTC used for repayment or any part thereof in any way.
(b) Joint instruction of multiple persons means instruction of all such persons, all made in writing, and identically (in substance) asking the Escrow agent to act or refrain from acting in a defined way. For the sake of clarity, it is not required that instructions of individual persons be contained in the same document, nor that their wording be identical.
(c) Escrow agent is entitled, but has no obligation or any other duty whatsoever, to comply with joint instruction. Without limiting the generality of the foregoing, Escrow agent will generally not act upon any instruction without verification, acceptable for Escrow agent, that instruction as received was indeed made by the authorized person.
(d) In order to verify an instruction, Escrow agent may for instance demand that instruction satisfies specified formal or other conditions (e.g qualified electronic signature, notarized signature), be presented by specified communication channel(s), supplemented by additional information or accompanied by supportive documents.
Joint Instructions. The Escrow Agent shall disburse all or any portion of the Escrowed Funds in accordance with joint written instructions from Interland and the Stockholders' Representatives.