Joint Written Direction. Escrow Agent shall disburse Escrow Funds at any time and from time to time, only upon receipt of, and in accordance with, a Joint Written Direction. Such Joint Written Direction shall contain wiring instructions or an address to which a check shall be sent. Escrow Agent may also disburse Escrow Funds in accordance with a final non-appealable order of a court of competent jurisdiction adjudicating the rights and obligations of ATS and SA as to the Escrow Funds.
Appears in 2 contracts
Samples: Escrow Agreement, Escrow Agreement
Joint Written Direction. The Escrow Agent shall disburse all or a portion of the Escrow Funds Fund at any time and from time to time, only upon receipt of, and in accordance with, a Joint Written Direction. Such Joint Written Direction shall contain wiring a statement of the portion of the Escrow Fund to be distributed and instructions or an address to which a check the distribution shall be sent. Escrow Agent may also disburse Escrow Funds in accordance with a final non-appealable order of a court of competent jurisdiction adjudicating the rights and obligations of ATS and SA as to the Escrow Funds.
Appears in 1 contract
Samples: Merger Agreement (Telular Corp)
Joint Written Direction. Escrow Agent shall disburse Escrow Funds Funds, at any time and from time to time, only upon receipt of, and in accordance with, with a Joint Written Direction. Such Joint Written Direction shall contain wiring instructions or an address to which a check shall be sent. Escrow Agent may also disburse Escrow Funds in accordance with a final non-appealable order of a court of competent jurisdiction adjudicating the rights and obligations of ATS and SA as to the Escrow Funds.
Appears in 1 contract
Joint Written Direction. Escrow Agent shall disburse Escrow Funds at any time and from time to time, only upon receipt of, and in accordance with, a Joint Written Direction. Such Joint Written Direction shall contain wiring instructions or an address to which a check shall be sent. Escrow Agent may also disburse Escrow Funds in accordance with a final non-appealable order of a court of competent jurisdiction adjudicating the rights and obligations of ATS and SA as to the Escrow Funds.
Appears in 1 contract
Samples: Stock Purchase Agreement (Cardiotech International Inc)