Common use of Refrain from Action Clause in Contracts

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.

Appears in 2 contracts

Sources: Escrow Agreement (Retalix LTD), Escrow Agreement (Retalix LTD)

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 among any Interested Parties between Opal, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 2 contracts

Sources: Escrow Agreement (Transwitch Corp /De), Escrow Agreement (Transwitch Corp /De)

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 among any Interested Parties between ADV, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Sources: Escrow Agreement (Transwitch Corp /De)

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 between the Shareholders and Talarian as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Sources: Agreement With Certain Whitebarn Shareholders (Talarian Corp)

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 among any Interested Parties between Alacrity, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Sources: Escrow Agreement (Transwitch Corp /De)

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 among any Interested Parties between Horizon, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Sources: Escrow Agreement (Transwitch Corp /De)

Refrain from Action. The Escrow Agent may (but shall not be entitled to obligated to) refrain from taking any action contemplated by this Escrow Agreement in the event it becomes aware of any dispute among between any Interested Parties of the Company, the Company Stockholders, the Stockholders' Representative or Itron as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Sources: Escrow Agreement (Itron Inc /Wa/)

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 among any Interested Parties between Natchez, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Sources: Escrow Agreement (Tsi International Software LTD)

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 between the Shareholder and Talarian as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Sources: Commitment Agreement (Talarian Corp)

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 among any Interested Parties as to any material facts between Shareholders Representative, Buyer and/or Sub in connection with the subject matter of this Escrow Agreement or as to the happening of any event precedent to such actionMerger Agreement.

Appears in 1 contract

Sources: Merger Agreement (Quanex Corp)

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 between the Shareholders and DPRC as to any material facts or as to the happening of any event event, precedent to such action.

Appears in 1 contract

Sources: Escrow Agreement (Lancashire Christopher W)

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 among any Interested Parties between Easics, the Holders and Parent as to any material facts or as to the happening of any event precedent to such action.

Appears in 1 contract

Sources: Escrow Agreement (Transwitch Corp /De)