Dispute Over Release of Escrow Funds. 4.2.1 If the Sellers and the Buyers are in dispute of which party is entitled to the Escrow Funds, then a resolution of any such dispute shall be determined in accordance with Clause 22 of the Agreement. After the resolution of such a dispute, the Sellers and the Buyers shall, as soon as reasonably practicable, and in any event within 7 days of the resolution of such dispute sign an Escrow Payment Letter instructing the Escrow Agent to pay the Escrow Funds into the Sellers’ or Buyers’ bank account.
Appears in 4 contracts
Samples: Framework Agreement (Euronav NV), Framework Agreement (Euronav NV), Framework Agreement (Euronav NV)
