Refrain from Action Sample Clauses

Refrain from Action. The Escrow Agent shall be entitled to refrain from taking any action contemplated by this Agreement in the event it becomes aware of any dispute among any Interested Parties as to any material facts or as to the happening of any event precedent to such action.
AutoNDA by SimpleDocs
Refrain from Action. If the Escrow Agent shall be uncertain as to its duties or rights hereunder or shall have received instructions, claims or demands from any of the other parties hereto which, in its opinion, are in conflict with any of the provisions of this Agreement or with instructions given by another party, it shall be entitled to refrain from taking any action other than to keep all property held by it in the Escrow Account until it shall be directed otherwise in writing by all of the other parties hereto or by a final judgment by a court of competent jurisdiction;
Refrain from Action. The Escrow Agent shall be entitled to refrain from taking any legal or other action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between INT'X.xxx, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action and the Escrow Agent shall be entitled to refrain from taking any action that might in its judgement involve or cause it to incur any expense or liability unless it shall first have been furnished with acceptable indemnification.
Refrain from Action. In relation to any discretion to be exercised or action, step or proceeding to be taken by the Trustee under this Trust Deed, the Notes or the Agency Agreement, the Trustee may, at its discretion and without further notice, or shall, if it has been so directed by an Extraordinary Resolution of Noteholders or so requested in writing by the holders of at least one-quarter in principal amount of Notes then outstanding (where relevant), exercise such discretion or take such action, step or proceeding, provided that, in either case, the Trustee shall not be obliged to exercise such discretion or take such action, step or proceeding unless it shall have been indemnified and/or secured and/or prefunded to its satisfaction and provided that the Trustee shall not be held liable for the consequences of exercising or not exercising its discretion or taking or not taking any such action, step or proceeding and may do so without having regard to the effect of such action, step or proceeding on individual Noteholders.
Refrain from Action. The Custodian shall be entitled to ------------------- refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Excell, the Holders and Cambridge as to any material facts or as to the happening of any event precedent to such action.
Refrain from Action. The Escrow Agent shall be entitled to refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Natchez, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.
Refrain from Action. The Custodian shall be entitled to refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Company, the Holders and Expedia as to any material facts or as to the happening of any event precedent to such action.
AutoNDA by SimpleDocs
Refrain from Action. Notwithstanding anything to the contrary expressed or implied in the Debt Documents, the Security Agent may refrain from doing anything (a) which in its opinion will or may be contrary to any relevant law, directive or regulation of any jurisdiction and the Security Agent may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation; and (b) until it has received any indemnification and/or security (including by way of prefunding) that it may in its discretion require (which may be greater in extent than that contained in the Debt Documents and which may include payment in advance) for any cost, loss or liability (together with any applicable VAT) which it may incur.
Refrain from Action. The Escrow Agent shall be entitled to refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between DJCE and Parent (related to the Escrow Shares) as to any material facts or as to the happening of any event precedent to such action.
Refrain from Action. The Custodian shall be entitled to refrain ------------------- from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute between Calogic, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.
Time is Money Join Law Insider Premium to draft better contracts faster.