Liquidation of Funds. In liquidating any Pledged Investments in accordance with Article 3 of this Agreement, the Company shall direct the Escrow Agent as to which Pledged Investments shall be liquidated.
Appears in 1 contract
Samples: Pledge, Escrow and Disbursement Agreement (Rare Medium Group Inc)
Liquidation of Funds. In liquidating any Pledged Allowable Investments in accordance with Article Articles 3 and 4 of this Agreement, the Company shall direct the Escrow Agent Trustee as to which Pledged Allowable Investments shall be liquidated.
Appears in 1 contract
Samples: Proceeds Pledge and Escrow Agreement (Interamericas Communications Corp)
Liquidation of Funds. In liquidating any Pledged Allowable Investments in accordance with Article 3 of this Agreement, the Company shall direct the Trustee or the Escrow Agent as to which Pledged Allowable Investments shall be liquidated.
Appears in 1 contract
Samples: Pledge, Escrow and Disbursement Agreement (Hyperion Telecommunications Inc)
Liquidation of Funds. In liquidating any Pledged Investments Securities in accordance with Article 3 of this Agreement, the Company shall direct the Trustee or the Escrow Agent as to which Pledged Investments Securities shall be liquidated.
Appears in 1 contract
Samples: Pledge, Escrow and Disbursement Agreement (Park N View Inc)