Common use of Fund Transfers Clause in Contracts

Fund Transfers. (a) The Escrow Agent is authorized to rely and act upon all instructions given or purported to be given by one or more officers, employees or agents of the Company (i) authorized by or in accordance with a corporate resolution delivered to the Escrow Agent or (ii) described as authorized in a certificate delivered to the Escrow Agent by the appropriate Secretary or Assistant Secretary or similar officer (each such officer, employee or agent or combination of officers, employees and agents authorized pursuant to clause (i) or described pursuant to clause (ii) of this Section 5(a) is hereinafter referred to as an "Authorized Officer"). (The term "

Appears in 3 contracts

Samples: Escrow Agreement (1997 Corp), Escrow Agreement (Sb Merger Corp), Escrow Agreement (Sb Merger Corp)

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Fund Transfers. (a) The Escrow Agent is authorized to rely and act upon all instructions given or purported to be given by one or more officers, employees or agents of the Company (i) authorized by or in accordance with a corporate resolution delivered to the Escrow Agent or (ii) described as authorized in a certificate delivered to the Escrow Agent by the appropriate Secretary or Assistant Secretary or similar officer (each such officer, employee or agent or combination of officers, employees and agents authorized pursuant to clause (i) or described pursuant to clause (ii) of this Section 5(a6(a) is hereinafter referred to as an "Authorized Officer"). (The term "

Appears in 2 contracts

Samples: Escrow Agreement (Sb Merger Corp), Escrow Agreement (1997 Corp)

Fund Transfers. (a) The Escrow Agent is authorized to rely and act upon all instructions given or purported to be given by one or more officers, employees or agents of the Company (i) authorized by or in accordance with a corporate resolution delivered to the Escrow Agent or (ii) described as authorized in a certificate delivered to the Escrow Agent by the appropriate Secretary or Assistant Secretary or similar officer (each such officer, employee or agent or combination of officers, employees and agents authorized pursuant to clause (i) or described pursuant to clause (ii) of this Section 5(a7(a) is hereinafter referred to as an "Authorized Officer"). (The term "

Appears in 1 contract

Samples: Form of Escrow Agreement (Bw Acquisition Corp)

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Fund Transfers. (a) The Escrow Agent is authorized to rely and act upon all instructions given or purported to be given by one or more officers, employees or agents of the Company (i) authorized by or in accordance with a corporate resolution delivered to the Escrow Agent or (ii) described as authorized in a certificate delivered to the Escrow Agent by the appropriate Secretary or Assistant Secretary or similar officer (each such officer, employee or agent or combination of officers, employees and agents authorized pursuant to clause (i) or described pursuant to clause (ii) of this Section 5(a6(a) is hereinafter referred to as an "Authorized Officer"). (The term "hereinafter

Appears in 1 contract

Samples: Escrow Agreement (Sb Merger Corp)

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