Common use of Joint Written Instructions Clause in Contracts

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.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Derma Sciences, Inc.), Asset Purchase Agreement (Derma Sciences, Inc.)