Dispute Notices. If Seller delivers a Dispute Notice pursuant to paragraph (a) of this Section 3, the payment disputed in such Dispute Notice shall remain pending but shall not be made unless and until Escrow Agent (i) is notified in a written payment notice signed by Purchaser and Seller that such dispute has been settled and specifying such settlement, or (ii) Purchaser or Seller presents to Escrow Agent a final non-appealable judgment entered by any court and certified or otherwise authenticated by the clerk or other authorized official of such court resolving such alleged disputed payment. Upon such delivery, Escrow Agent shall promptly distribute the relevant portion of the Escrow Property in accordance therewith.
Appears in 2 contracts
Sources: Purchase Agreement, Purchase Agreement (Global Healthcare Reit, Inc.)