Release by Escrow Agent. Escrow Agent will 10 days after Depositor's ----------------------- receipt of the notice of request for release, release the Deposit Materials to Preferred Beneficiary pursuant to the instructions included in the request for release, unless Depositor disputes that a release condition has occurred and demands that Escrow Agent submit a notice of dispute to the American Arbitration Association as provided for in Section 7.3. Subject to section 5.2, Escrow Agent will continue to store the Deposit Materials without release pending (a) joint instructions from Depositor and Preferred Beneficiary; (b) resolution pursuant to the Dispute Resolution provisions or (c) order of a court.
Appears in 6 contracts
Samples: Field Trial Agreement (Corvis Corp), Escrow Agreement (Corvis Corp), Procurement Agreement (Corvis Corp)
