Registry Operator has Clause Samples
Registry Operator has. (i) ceased to conduct its business in the ordinary course; or (ii) filed for bankruptcy, become insolvent or anything analogous to any of the foregoing under the laws of any jurisdiction anywhere in the world; or
Registry Operator has. (i) ceased to conduct its business in the ordinary course; or
Registry Operator has. (i) ceased to conduct its business in the ordinary course; or (ii) filed for bankruptcy, become insolvent or anything analogous to any of the foregoing under the laws of any jurisdiction anywhere in the world; or
9.1.7 A written notice by Sponsor or ICANN that release of the Deposits is mandated by non-payment of any fees due to Escrow Agent, pursuant to Section 15 of this Agreement; or
9.1.8 A written notice by ICANN or Sponsor that a court, arbitral, legislative, or government agency of competent jurisdiction has issued an order, rule, statute, regulation, or other requirement (a copy of which ICANN or Sponsor has provided to Registry Operator) that mandates the release of the Deposits to ICANN and/or Sponsor; and
9.2 Copies of notices with proof of delivery submitted to Escrow Agent that ICANN, Registry Operator, or Sponsor (whichever gave the notice under Section 9.1) has previously notified the other party(ies) in writing; and
9.3 Written instructions from ICANN, Sponsor, or a replacement escrow agent (see Section 9.1.3) that the Deposits be released and delivered to whichever of them provided such written instructions; and
9.4 A written undertaking by the party(ies) receiving the Deposits (ICANN, Sponsor, or a replacement escrow agent) that the Deposits will be used only as permitted under the terms of the Registry Agreement or the TLD Sponsorship Agreement, as applicable. Upon release of any Deposits to ICANN, Sponsor, or a replacement escrow agent, Escrow Agent shall at the same time deliver to Registry Operator a photostatic copy of the notice it received from Sponsor and/or ICANN under Sections 9.1.1 to 9.1.8, as applicable.
