Joint Written Direction

Joint Written Direction. A written direction executed by the Investor and the Company directing Escrow Agent to disburse all or a portion of the Escrow Funds or to take or refrain from taking any action pursuant to this Agreement

Joint Written Direction. Shall mean a written direction executed and delivered by the Company and the Dealer Manager, directing the Escrow Agent to disburse all or a portion of the Escrow Funds or otherwise directing any party hereto to take or refrain from taking an action pursuant to this Agreement. Any Joint Written Direction relating to a disbursement of Escrow Funds shall certify with reasonable detail satisfactory to Escrow Agent in its sole discretion (i) that the Company has received and accepted subscription... agreements (and the accompanying payments have been deposited in the Escrow Funds and have cleared) equal to the Minimum Amount and (ii) its instructions as to the payment of the subscription proceeds. Each Joint Written Direction shall be accompanied by the documents set forth in Schedule B hereto. View More

Joint Written Direction. Shall mean (i) with respect to any Offering a written direction executed and delivered by the Company and the Underwriter, directing the Bank and Escrow Agent to disburse all or a portion of the Escrow Funds relating to such Offering or (ii) any other written direction executed and delivered by the Company and the Underwriter otherwise directing any Party hereto to take or refrain from taking an action pursuant to this Agreement. Any Joint Written Direction relating to a disbursement of an... Escrow Fund shall certify with reasonable detail satisfactory to Escrow Agent in its sole discretion (i) that the Underwriter has received and accepted reservations for the Minimum Amount with respect to such Offering (and the related Proceeds have been deposited in the applicable Escrow Fund) and (ii) the Company's instructions as to the payment of the applicable Proceeds. Each Joint Written Direction shall be accompanied by executed and completed certificates in substantially the form of Schedule B-1 and Schedule B-2 hereto. View More