Common use of Liquidation of Funds Clause in Contracts

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)

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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)

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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)

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