Common use of Escrow Release Clause in Contracts

Escrow Release. Subject to the provisions of Sections 8, 9 and 10 below, Escrow Agent is authorized to release the Escrow Materials to Cisco upon receiving written notice from Cisco certifying that Cisco is entitled to the Escrow Materials (the “Notice”) pursuant to Section 5 above. Cisco will specifically instruct the Escrow Agent how to make such delivery.

Appears in 2 contracts

Sources: Master Purchase Agreement, Master Purchase Agreement (Netlogic Microsystems Inc)

Escrow Release. Subject to the provisions of Sections 7, 8, and 9 and 10 below, Escrow Agent is shall be authorized to release the Escrow Materials to Cisco upon receiving written notice authorization from Cisco certifying that Cisco is entitled to the Escrow Materials (the “Notice”) pursuant to Section 5 4 above. Cisco will specifically instruct include specific instructions to the Escrow Agent how to make such deliveryfor delivery of the Escrow Materials.

Appears in 1 contract

Sources: Software License and Hosting Services Agreement (Covisint Corp)