Liquidation of Funds. In liquidating any Government Securities in accordance with Article 3 of this Agreement, the Company may, so long as no Event of Default has occurred and is continuing, direct the Trustee as to which Government Securities shall be liquidated.
Appears in 2 contracts
Samples: Escrow and Disbursement Agreement (Premier Parks Inc), Escrow and Disbursement Agreement (Premier Parks Inc)
Liquidation of Funds. In liquidating any Government Securities in accordance with Article Articles 3 and 4 of this Agreement, the Company may, so long as no Event of Default has occurred and is continuing, shall direct the Trustee as to which Government Securities shall be liquidated.
Appears in 2 contracts
Samples: Proceeds Pledge and Escrow Agreement (Iat Multimedia Inc), Proceeds Pledge and Escrow Agreement (Iat Multimedia Inc)