Common use of Reliance by Escrow Agent Clause in Contracts

Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) the joint written instructions of Seller and Buyer, and (b) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer or Seller.

Appears in 1 contract

Samples: Escrow Agreement (Lin Tv Corp)

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Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) the joint written instructions of Seller Sellers and Buyer, and (b) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer or SellerSellers.

Appears in 1 contract

Samples: Escrow Agreement (Gray Communications Systems Inc /Ga/)

Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) written notice of Buyer pursuant to Section 2(a) hereof, (b) the joint written instructions of Seller and Buyer, and (bc) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer or Seller.

Appears in 1 contract

Samples: Escrow Agreement (Nassau Broadcasting Corp)

Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) the joint written instructions of Seller and Buyer, Release Instructions; and (b) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer Purchaser or Seller.

Appears in 1 contract

Samples: Escrow Agreement (MSTI Holdings, Inc.)

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Reliance by Escrow Agent. The Escrow Agent shall be entitled to rely upon and act in accordance with any of: (a) written notice of Seller pursuant to Section 2(a) hereof, (b) written notice of Buyer pursuant to Section 2(b) hereof, (c) the joint written instructions of Seller and Buyer, and (bd) a final order of a court of competent jurisdiction authorizing the Escrow Agent to release the Deposit, or any portion thereof, to Buyer or Seller.

Appears in 1 contract

Samples: Escrow Agreement (Longfoot Communications Corp.)

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