Joint Direction definition

Joint Direction means joint written instructions of Buyer and the Sellers’ Representative instructing the Escrow Agent to make a payment out of the Adjustment Holdback Account.

Joint Direction means a written direction relating to (i) a Notice of Claim, (ii) the investment of the Escrow Funds, or (iii) removal of the Escrow Agent in accordance with Section 15 hereof, in each case executed by SFI and the Shareholder Representative, and delivered to the Escrow Agent in the manner set forth in Section 16 hereof.

Joint Direction means a joint written instruction of Purchaser and Seller instructing the Escrow Agent to make a payment out of the Escrow Account.

Examples of Joint Direction in a sentence

• The Monitor shall not, under any circumstances, be required to verify or determine the validity of the Joint Direction or any written confirmation received pursuant to Section 7.8(b) and the Monitor is hereby relieved of any liability or responsibility for any loss or damage which may arise as the result of the acceptance by the Monitor of the Joint Direction.

• The Collateral Manager as Retention Holder has submitted the Pre-Pricing Notification to the FCA prior to the pricing of the Refinancing Notes in accordance with the Joint Direction.

• In May 2012, the conservation structure received its official name from the Russian Ministry: “Federal State Organization of Joint Direction of Kedrovaya Pad State Biosphere Nature Reserve and Leopard’s Land National Park”.

• On 31 January 2019, the Financial Conduct Authority (the "FCA") and the Prudential Conduct Authority (the "PRA") issued a joint direction on private securitisation reporting (the "Joint Direction") requiring an originator, sponsor or SSPE of a securitisation who is established in the United Kingdom to notify a summary of the transaction to the FCA or PRA, as applicable, prior to the pricing of each issuance of securities by such securitisation via a notification template (the "Pre-Pricing Notification").

• The Collateral Manager as Retention Holder has confirmed to the Issuer its compliance with the Joint Direction as of the Refinancing Date (see “The EU Retention Requirements”).

More Definitions of Joint Direction

Joint Direction means joint written instructions of Parent and the Equityholder Representative instructing the Escrow Agent to make a payment out of the Adjustment Escrow Account.

Joint Direction means the joint written instructions of Buyer and Seller, duly executed and delivered to the Escrow Agent.

Joint Direction has the meaning ascribed to it in Section 9.7(a)(i).

Joint Direction means joint written instructions of Parent and the Stockholders’ Representative instructing the Escrow Agent to make a payment out of the Holdback Fund.

Joint Direction means the joint written instructions of Buyer and Sellers Representative, duly executed and delivered to the Escrow Agent.

Joint Direction has the meaning set forth in Section 1.3(f)(i)(2) hereof.

Joint Direction means joint written instructions from Buyer and Seller to the Escrow Agent, made in accordance with the Escrow Agreement and this Agreement, setting forth the amounts to be paid to Buyer or Seller, as applicable, from the Performance Deposit.