Joint Written Instruction. The Trust Agreement shall provide that the trustee is required to obtain a joint written instruction signed by both the Company and the Representative with respect to the transfer of the funds held in the Trust Account from the Trust Account, prior to commencing any liquidation of the assets of the Trust Account in connection with the consummation of any Business Combination, and such provision of the Trust Agreement shall not be permitted to be amended without the prior written consent of the Representative.
Joint Written Instruction. Except as provided in Sections 3(b), 3(c) and 3(d), the Escrow Agent shall hold the Escrow Property in escrow until the receipt by the Escrow Agent of a notice, executed by both the Sellers? Representative and the Buyer, directing the disposition of the Escrow Property. The Escrow Agent shall not follow instructions relating to the disposition of the Escrow Property executed only by the Buyer or return the refundable portion of the Escrow Funds to the Buyer without the Sellers? Representative?s prior written consent.
Joint Written Instruction. Upon termination of this Agreement as provided in this Article XI, Seller and Buyer shall, as promptly as practicable and in any event within two Business Days after the date that this Agreement is terminated, execute and deliver to each other and the Escrow Agent joint written instructions for the disbursement of the Deposit to the Party entitled to receive the same under this Article XI free and clear of any claims by the other Party with respect thereto. {JK01396073.28 }
Joint Written Instruction. In accordance with Section 3 of the Escrow Agreement, the Escrow Parties hereby jointly acknowledge that Nine Hundred Thousand and No/100 Dollars ($900,000.00) shall be wired immediately to Counsel for Sellers Escrow Accow1t: Centennial Bank: [redacted] [redacted] Routing Number [redacted] For Credit to: Kxxxx Xxxxxxx Xxxxxxx, LLC Escrow Account [redacted] [redacted] Account Number [redacted] and the Remaining Funds, Four Hundred Thousand and No/00 Dollars ($400,000.00) should be distributed to Investor immediately upon receipt by Escrow Agent of this Termination.
Joint Written Instruction. Notwithstanding any other provision in this Agreement to the contrary, in the event that Purchaser and Seller jointly instruct Escrow Agent in writing to release Escrow Funds for any reason, even if such release is not contemplated by this Agreement, Escrow Agent shall promptly comply with such joint written instruction and shall incur no liability for following such joint written direction.
Joint Written Instruction. The Escrow Agent is hereby authorized and directed to make disbursements of the Escrow Funds if a distribution has been jointly agreed to, in writing, by the Partnership, NGP and the Contributor Representative. The Escrow Agent shall, promptly upon receipt of such joint written instructions from the Partnership, NGP and the Contributor Representative, release the Escrow Funds (or any portions thereof) in accordance with such joint written instructions. The Partnership, NGP and the Contributor Representative agree that, where terms of Contribution Agreement require disbursements in accordance therewith, the Partnership, NGP, and the Contributor Representative, as applicable, shall use their best efforts in complying with such terms with respect to a joint written instruction required hereunder.
Joint Written Instruction. If the Escrow Agent receives joint written instructions from the Investor Representative and the Major Stockholder, substantially in the form of Exhibit B hereto, as to payment of all or any part of the General Escrow Fund, the Escrow Agent shall use its best efforts to promptly, and in any event within three business days of its actual receipt of that instruction, pay the amount specified in that instruction (including any Net Interest and Income thereon) as directed therein. The Escrow Agent shall have no obligation to follow any directions set forth in any joint written instructions unless and until the Escrow Agent is satisfied, in its sole discretion, that the persons executing said joint written instructions are authorized to do so.
