Joint Written Notice definition
Examples of Joint Written Notice in a sentence
Within two (2) Business Days after the date on which Escrow Agent receives such executed Joint Written Notice, Escrow Agent shall disburse the portion of the Adjustment Escrow Amount set forth in the Joint Written Notice to the person(s) or account(s) designated on such Joint Written Notice.
Such resignation or removal, as the case may be, will be effective thirty days after the delivery of such notice or upon the earlier appointment of a successor, and the Escrow Agent’s sole responsibility thereafter will be to safely keep the Escrow Property and to deliver the same to a successor escrow agent as will be appointed by the Parties, as evidenced by a Joint Written Notice delivered to the Escrow Agent or in accordance with a court order.
To the extent any Joint Written Notice instructs the Escrow Agent to make disbursements to the Securityholder Representative, such Joint Written Notice shall also state the aggregate amount payable to the Optionholders, which amount shall be disbursed to the Company pursuant to this Section 3.15.
Within five (5) Business Days (as defined hereafter) after the final determination of the Net Adjustment Amount under Section 2.3 of the Purchase Agreement, the Securityholder Representative and Buyer shall deliver to Escrow Agent a Joint Written Notice (as defined below) instructing Escrow Agent to distribute the Adjustment Escrow Amount held in the Adjustment Escrow Account as set forth in such Joint Written Notice.
This Joint Written Notice, Direction and Release Agreement may be executed simultaneously in one or more counterparts, including by facsimile, each of which shall be deemed an original, and all such counterparts shall constitute one and the same instrument Intending to be legally bound, this Joint Written Notice, Direction and Release has been executed by the undersigned on and as of the date first above written.
Within five (5) Business Days after the calculation of the Final Net Adjustment Amount under Section 2.9 of the Purchase Agreement, the Sellers’ Representative and Buyer shall deliver to Escrow Agent a Joint Written Notice instructing Escrow Agent to distribute the Adjustment Escrow Amount held in the Adjustment Escrow Account as set forth in such Joint Written Notice.
Upon confirmation by the Secretary that the Articles of Merger have been accepted by the Secretary, Purchaser and the Shareholder Representative shall jointly deliver to the Escrow Agent a JOINT WRITTEN NOTICE, which Joint Written Notice shall direct the Escrow Agent to shall pay such outstanding Indebtedness from the Closing Escrow Account by wire transfer of immediately available funds to the accounts designated by the Company pursuant to this SECTION 1.11.
Such resignation or removal, as the case may be, will be effective 30 calendar days after the delivery of such notice or upon the earlier appointment of a successor, and Escrow Agent’s sole responsibility thereafter will be to safely keep the Escrow Funds and to deliver the same to a successor escrow agent as will be appointed by Buyer and the Sellers’ Representative, as evidenced by a Joint Written Notice filed with Escrow Agent or in accordance with a court order.
Upon confirmation by the Secretary that the Articles of Merger have been accepted by the Secretary, Purchaser and the Shareholder Representative shall jointly deliver to the Escrow Agent a Joint Written Notice, which JOINT WRITTEN NOTICE shall direct the Escrow Agent to disburse the Option Merger Consideration to the Option Holder in the manner contemplated above.
The Escrow Agent shall receive Joint Written Notice that the Effective Date--as defined herein and consistent with the terms of the Settlement Agreement--has occurred.