Common use of Refrain from Action Clause in Contracts

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Opal, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 2 contracts

Samples: Escrow Agreement (Transwitch Corp /De), Escrow Agreement (Transwitch Corp /De)

AutoNDA by SimpleDocs

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Opal, the Holders and Parent among any Interested Parties as to any material facts or as to the happening of any event precedent to such action.

Appears in 2 contracts

Samples: Escrow Agreement (Retalix LTD), Escrow Agreement (Retalix LTD)

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between OpalAlacrity, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Samples: Escrow Agreement (Transwitch Corp /De)

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between OpalNatchez, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Samples: Escrow Agreement (Tsi International Software LTD)

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between OpalEasics, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Samples: Escrow Agreement (Transwitch Corp /De)

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Opal, the Holders Shareholder and Parent Talarian as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Samples: Commitment Agreement (Talarian Corp)

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between OpalHorizon, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Samples: Escrow Agreement (Transwitch Corp /De)

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between OpalShareholders Representative, Buyer and/or Sub in connection with the Holders and Parent as to any material facts subject matter of this Escrow Agreement or as to the happening of any event precedent to such actionMerger Agreement.

Appears in 1 contract

Samples: Merger Agreement (Quanex Corp)

AutoNDA by SimpleDocs

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between OpalADV, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Samples: Escrow Agreement (Transwitch Corp /De)

Refrain from Action. The Escrow Agent may (but shall not be entitled to ------------------- obligated to) refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Opalany of the Company, the Holders and Parent Company Stockholders, the Stockholders' Representative or Itron as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Samples: Escrow Agreement (Itron Inc /Wa/)

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Opal, the Holders Shareholders and Parent Talarian as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Samples: Agreement With Certain Whitebarn Shareholders (Talarian Corp)

Refrain from Action. The Escrow Agent shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Opal, the Holders Shareholders and Parent DPRC as to any material facts or as to the happening of any event event, precedent to such action.

Appears in 1 contract

Samples: Escrow Agreement (Lancashire Christopher W)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!