Common use of Revocation or Suspension of Registration Clause in Contracts

Revocation or Suspension of Registration. 11. If, at any time before the Impound Agent releases the funds as provided in Paragraph 7 or 8 of this Agreement, the Administrator advises the Impound Agent that it has revoked or suspended the registration, the Administrator may direct the Impound Agent

Appears in 2 contracts

Samples: Sample Impound of Funds Agreement, Sample Impound of Funds Agreement

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Revocation or Suspension of Registration. 1110. If, at any time before the Impound Agent releases the funds as provided in Paragraph 7 or 8 of this Agreement, the Administrator advises the Impound Agent that it has revoked or suspended the registration, the Administrator may direct the Impound Agent

Appears in 2 contracts

Samples: Funds Agreement (Digiblue Media Inc), Impound of Funds Agreement (Cove Apparel Inc)

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Revocation or Suspension of Registration. 1110. If, at any time before the Impound Agent releases the funds as provided in Paragraph 7 or 8 of this Agreement, the Administrator advises the Impound Agent that it has revoked or suspended the registration, the Administrator may direct the Impound AgentAgent (a) not to release the funds in the Impound Account until further notice by the Administrator, or (b) to release to each subscriber the amount that the Impound Agent received on behalf of that subscriber together with interest as set out in paragraph 9.

Appears in 1 contract

Samples: Impound of Funds Agreement (Cove Apparel Inc)

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