Common use of No Notification Clause in Contracts

No Notification. 3.1 The parties undertake to act in good faith in signing the joint notification in accordance with this schedule 3. 3.2 Notwithstanding paragraph 3.1 of part II of this schedule 3, in the event that by 30 July 2004 no joint notification has been issued by the Company and the Investors pursuant to paragraphs 2.3 and 3.1 of part II of this schedule 3, then the Escrow Agent may at any time thereafter issue a request to the Company and the Investors to seek the joint notification of them on the manner of distribution of the Escrow Amount and interest accrued thereon and in the event that no such joint instructions are received by the Escrow Agent after the expiry of 30 days following the date of the request, the Escrow Agent shall pay the Escrow Amount together with interest earned thereon into the Hong Kong courts.