Joint Written Instructions Sample Clauses
The Joint Written Instructions clause establishes that certain actions or decisions require the mutual, documented agreement of two or more parties involved in a contract. In practice, this means that instructions to a third party—such as an escrow agent or service provider—must be provided in writing and signed by all relevant parties before being acted upon. This clause ensures that no single party can unilaterally direct actions that affect shared interests, thereby preventing misunderstandings and unauthorized decisions.
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Joint Written Instructions. Upon termination of this Agreement as provided in this Article XI, Seller and Buyer shall, as promptly as practicable and in any event within two Business Days after the date that this Agreement is terminated, execute and deliver to each other and the Escrow Agent joint written instructions for the disbursement of the Deposit to the Party entitled to receive the same under this Article XI free and clear of any claims by the other Party with respect thereto.
Joint Written Instructions. Any disbursement to the Disbursing Agent by the Escrow Agent pursuant to this Section 5 shall be made within two Business Days following the Escrow Agent’s receipt of a Joint Instruction, setting forth the portion of the Escrow Holdings to be released and the Disbursing Agent’s wire transfer information.
Joint Written Instructions. The Escrow Agent will release the Escrow Property in accordance with written instructions signed by both of the Parties (each, a “Joint Written Instruction”) within five business days of the receipt of such Joint Written Instruction by the Parties to the Escrow Agent. The Parties each agree to issue Joint Written Instructions from time to time when either Party is entitled to payment in accordance with and subject to the terms and conditions of the Purchase Agreement.
Joint Written Instructions. At any time and from time to time on or prior to [●], 20181 (the “Escrow Release Date”), upon its receipt of joint written instructions signed by Members’ Representative and Parent authorizing the release of all or any portion of the Escrow Property in the Escrow Account, the Escrow Agent shall, within three (3) Business Days of receiving such instruction, release, by wire transfer of immediately available funds to the account designated in writing in such joint written instruction, the amount of Escrow Property from the Escrow Account specified in such joint written instructions. 1 Note to Draft: To be 1 year following Closing Date.
Joint Written Instructions. Notwithstanding anything to the contrary in this Agreement, if the Escrow Agent receives written instructions from all of the Escrow Parties, or their respective successors or assigns, substantially in the form of Exhibit A, as to the disbursement of the Indemnification Escrow Fund (“Joint Written Instructions”), the Escrow Agent shall disburse the Indemnification Escrow Fund pursuant to such Joint Written Instruction. The Escrow Agent shall have no obligation to follow any directions set forth in any Joint Written Instructions unless and until the Escrow Agent is satisfied, in its sole discretion, that the persons executing said Joint Written Instructions are authorized to do so.
Joint Written Instructions. The Escrow Agent shall disburse the Supply Agreement Escrow Fund pursuant to Joint Written Instruction delivered, from time to time, to the Escrow Agent from the Escrow Parties. The Escrow Agent shall have no obligation to follow any directions set forth in any Joint Written Instructions unless and until the Escrow Agent is satisfied, in its sole discretion, that the persons executing said Joint Written Instructions are authorized to do so.
Joint Written Instructions. An executed copy of the Joint Written Instructions.
Joint Written Instructions. Notwithstanding the foregoing, if at any time the Escrow Agent shall receive joint written instructions executed by the Sellers and Buyer (“Joint Written Instructions”) to release all or any portion of the Escrow Amount, then within five (5) Business Days after receipt of such Joint Written Instructions, the Escrow Agent shall release the Aggregate Escrow Shares and the Aggregate Cash Amount in accordance with such Joint Written Instructions. The Sellers and Buyer will cooperate in good faith in executing such Joint Written Instructions wherever reasonably necessary to ensure distributions of the Escrow Amount to the Party entitled thereto under the terms of the Purchase Agreement.
Joint Written Instructions. Upon the final determination of any amounts to be paid from the Indemnity Escrow Fund pursuant to this Section 9.6, Parent and the Stockholder Representative shall execute joint written instructions to the Indemnity Escrow Agent instructing the Indemnity Escrow Agent to disburse the Indemnity Escrow Fund in accordance with this Section 9.6.
Joint Written Instructions. Notwithstanding any other provision of this Agreement, the Escrow Agent shall be entitled, at any time, to act upon and in accordance with the joint written instructions of Buyer, BHP Hawaii and BHP Pacific.