Joint Direction. Except as otherwise provided in this Section 2, the Escrow Agent is authorized to disburse the Escrow Deposit only in accordance with instructions set forth in any written letter of direction executed by both Purchaser and Seller.
Appears in 3 contracts
Sources: Purchase Agreement (Centerpoint Properties Trust), Purchase Agreement (Prime Group Realty Trust), Rent Subsidy Escrow Agreement (Prime Group Realty Trust)