Contrary Instructions definition

Contrary Instructions means the written representation by Depositor that a Release Condition has not occurred or has been cured. Upon receipt of Contrary Instructions, DSI shall deliver a copy to Preferred Beneficiary. Additionally, DSI shall notify both Depositor and Preferred Beneficiary that there is a dispute to be resolved pursuant to the Dispute Resolution section of this Agreement (Section 7.3). Subject to Section 5.2, DSI 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.
Contrary Instructions for the purposes of this Agreement means a certificate executed by an official of Depositor stating that the Events of Default specified in the Notice have not occurred, or have been cured prior to the applicable period. This certificate must be sent to Escrow London by courier or registered mail.
Contrary Instructions means the written representation by Depositor that a Release Condition has not occurred or has been cured. Upon receipt of Contrary Instructions, DSI shall send a copy to Preferred Beneficiary by certified mail, return receipt requested, or by commercial express mail. Additionally, DSI shall notify both Depositor and Preferred Beneficiary that there is a dispute to be resolved pursuant to the Dispute Resolution section (Section 7.3) of this Agreement. Subject to Section 5.2, DSI 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.

Examples of Contrary Instructions in a sentence

  • Contrary Instructions shall mean the written representation by Depositor that a Release Condition has not occurred or has been cured.

  • Upon receipt of Contrary Instructions, DSI shall send a copy to Preferred Beneficiary by commercial express mail.

  • The sole question to be determined by the arbitrator shall be whether or not there existed an Event of Default at the time that the Contrary Instructions were delivered under Section 5.

  • If DSI does not receive Contrary Instructions from the Depositor, DSI is authorized to release the Deposit Materials to the Preferred Beneficiary or, if more than one beneficiary is registered to the deposit, to release a copy of the Deposit Materials to the Preferred Beneficiary.

  • Upon receipt of such Contrary Instructions, Escrow London shall send a copy of the Contrary Instructions to the Beneficiary and not release the Deposit Materials then in escrow, but shall continue to store the Deposit Materials until otherwise directed in writing by Depositor and Beneficiary jointly or until resolution of the dispute pursuant to Section 6 of this Agreement.


More Definitions of Contrary Instructions

Contrary Instructions means the written representation by Depositor that a Release Condition has not occurred or has been cured. Upon receipt of Contrary Instructions, DSI shall send a copy to Preferred Beneficiary by certified mail, return receipt requested, or by commercial express mail. Additionally, DSI shall notify both Depositor and Preferred Beneficiary that there is a dispute to be resolved pursuant to the Dispute Resolution section (Section 7.3)
Contrary Instructions for the purposes of this Section 4 shall mean the filing of written notice with SourceFile by Depositor, with a copy to the Beneficiary demanding delivery, stating that the Release Condition has not occurred or has been cured.
Contrary Instructions for the purposes of this Escrow Agreement means a notarized affidavit executed by an officer of Developer stating that an Event or Events of Default specified in the User's Notice have not occurred, or have been cured.
Contrary Instructions means the written representation by Depositor that a Release Condition has not occurred or has been cured. Upon receipt of Contrary Instructions, Escrow Agent shall send a copy to Preferred Beneficiary by commercial express mail. Additionally, Escrow Agent shall notify both Depositor and Preferred Beneficiary that there is a dispute to be resolved pursuant to the Dispute Resolution section (Section 7.3) of this Agreement. 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.
Contrary Instructions for the purposes of this subclause shall mean the filing of written notice with escrow trustee by New Focus, with a copy to AGILENT demanding delivery, stating that the Release Condition has not occurred or has been cured. - If Escrow trustee receives Contrary Instructions from New Focus within thirty (30) days of the giving of such notice to New Focus, Escrow trustee shall not deliver a copy of the Source Material to AGILENT, but shall continue to store the source code until:
Contrary Instructions means the written representation by BroadVision that a Release Condition has not occurred or has been cured. Upon receipt of Contrary Instructions, DSI shall send a copy to Licensee by a nationally recognized overnight courier. Additionally, DSI shall notify both BroadVision and Licensee that there is a dispute to be resolved pursuant to Section 7.3. Subject to Section 5.2, DSI will continue to store the Deposit Materials without release pending (a) joint instructions from BroadVision and Licensee, (b) resolution pursuant to Section 7.3, or (c) order of a court.
Contrary Instructions are defined as Depositor's written notice to SourceFile with a copy to the subject Beneficiary, stating that the Release Condition has not occurred or has been cured.