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 Agreement in the event it becomes aware of any dispute between the Shareholder and 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)

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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 Shareholders Representative, Buyer and/or Sub in connection with the Shareholder and Talarian 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: Escrow Agreement (Quanex Corp)

Refrain from Action. The Escrow Agent shall be entitled to refrain from taking any action contemplated by this Agreement in the event it becomes aware of any dispute between the Shareholder Shareholders and 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 Agreement in the event it becomes aware of any dispute between the Shareholder Shareholders and Talarian 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)

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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 any of the Shareholder and Talarian Company, the 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/)

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