Common use of No Withdrawals Clause in Contracts

No Withdrawals. The Escrow Agent shall neither accept nor comply with any entitlement order from the Company withdrawing any financial assets from the Escrow Account nor deliver any such financial assets to the Company nor pay any free credit balance or other amount owing from the Escrow Agent to the Company, except in the circumstances described in Section 11(b), 11(c), 11(d) or 11(e) hereof, as applicable, and only if the requirements to such transfer set forth in Section 11(b), 11(c), 11(d) or 11(e), as applicable, have been satisfied. Notwithstanding the foregoing sentence or anything to the contrary herein, following delivery to the Escrow Agent of a Notice of Exclusive Control (as defined below) from the Trustee and, until such Notice of Exclusive Control is withdrawn by the Trustee, the Escrow Agent shall comply only with entitlement orders given by the Trustee.

No Withdrawals. The Escrow Agent shall neither accept nor comply with any entitlement order from the Company withdrawing any financial assets Financial Assets from the Escrow Account nor deliver any such financial assets Financial Assets to the Company nor pay any free credit balance or other amount owing from the Escrow Agent to the Company, except in the circumstances described in Section 11(b), 11(c), 11(d) or 11(e) hereof, as applicable, and only if the requirements to such transfer set forth in Section 11(b), 11(c), 11(d) or 11(e), as applicable, have been satisfied. Notwithstanding the foregoing sentence or anything to the contrary herein, following delivery to the Escrow Agent of a Notice of Exclusive Control (as defined below) from the Trustee and, until such Notice of Exclusive Control is withdrawn by the Trustee, the Escrow Agent shall comply only with entitlement orders given by the Trustee.