Common use of Reliance by Escrow Agent Clause in Contracts

Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) the joint written instructions of Sellers and Buyer, and (b) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer or Sellers.

Appears in 1 contract

Samples: Escrow Agreement (Gray Communications Systems Inc /Ga/)

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Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) written notice of Buyer pursuant to Section 2(a) hereof, (b) the joint written instructions of Sellers Seller and Buyer, and (bc) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer or SellersSeller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nassau Broadcasting Corp)

Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) the joint written instructions of Sellers and Buyer, Release Instructions; and (b) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer Purchaser or SellersSeller.

Appears in 1 contract

Samples: Escrow Agreement (MSTI Holdings, Inc.)

Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) written notice of Seller pursuant to Section 2(a) hereof, (b) written notice of Buyer pursuant to Section 2(b) hereof, (c) the joint written instructions of Sellers Seller and Buyer, and (bd) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer or SellersSeller.

Appears in 1 contract

Samples: Escrow Agreement (Longfoot Communications Corp.)

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Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) the joint written instructions of Sellers Seller and Buyer, and (b) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer or SellersSeller.

Appears in 1 contract

Samples: Escrow Agreement (Lin Tv Corp)

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