Conflicting Demands. If conflicting demands are made upon the Escrow Agent, the Escrow Agent shall not be required to resolve such controversy or take any action, but may await resolution of the controversy by joint instructions from Seller and Buyer or by appropriate legal proceedings.
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Samples: Escrow Agreement (Lin Tv Corp)
Conflicting Demands. If conflicting demands are made upon the Escrow Agent, the Escrow Agent shall not be required to resolve such controversy or take any action, but may await resolution of the controversy by joint instructions from Seller Company and Buyer Underwriters or by appropriate legal proceedings.
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Conflicting Demands. If conflicting demands are made upon the Escrow Agent, the Escrow Agent shall not be required to resolve such controversy or take any action, but may await resolution of the controversy by joint instructions from Seller Sellers and Buyer or by appropriate legal proceedings.
Appears in 1 contract
Samples: Escrow Agreement (Gray Communications Systems Inc /Ga/)
Conflicting Demands. If conflicting demands are made upon the Escrow AgentAgent or if the Escrow Agent receives written objections to instructions from Seller or Buyer, the Escrow Agent shall not be required to resolve such controversy or take any action, but may await resolution of the controversy by joint written instructions from Seller and Buyer or by appropriate legal proceedings.
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Conflicting Demands. If conflicting demands are made upon the Escrow Agent, the Escrow Agent shall not be required to resolve such controversy or take any action, but may shall await resolution of the controversy by joint instructions from Seller Clear Channel and Buyer Exchange Party or by appropriate legal judicial or arbitration proceedings...
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