Common use of Adjustment Escrow Clause in Contracts

Adjustment Escrow. Within five (5) days of the determination of the Final Closing Statement, Buyer and Seller shall deliver a joint written instruction to the Escrow Agent instructing it to disburse all of the funds in the Adjustment Escrow Account as follows: (i) to Buyer, the amount (if any) payable to Buyer pursuant to Section 2.5(f)(i) and (ii) to Seller the remaining Adjustment Escrow Deposit by wire transfer of immediately available funds to accounts designated by Seller.

Appears in 1 contract

Sources: Securities Purchase Agreement (Conmed Corp)

Adjustment Escrow. Within five (5) calendar days of after the determination of the Final Closing StatementSchedule, Buyer and Seller shall deliver a joint written instruction to the Escrow Agent instructing it to disburse all of the funds in the Adjustment Escrow Account as follows: (i) to Buyer, the amount (if any) payable to Buyer pursuant to Section 2.5(f)(i) and (ii) to Seller the remaining funds (if any) in the Adjustment Escrow Deposit Account by wire transfer of immediately available funds to accounts an account designated by Seller.

Appears in 1 contract

Sources: Securities Purchase Agreement (Carlisle Companies Inc)

Adjustment Escrow. Within five (5) days of after the determination of the Final Closing StatementSchedule, Buyer and Seller shall deliver a joint written instruction to the Escrow Agent instructing it to disburse all of the funds in the Adjustment Escrow Account as follows: (i) to Buyer, the amount (if any) payable to Buyer pursuant to Section 2.5(f)(i) and (ii) to Seller the remaining funds in the Adjustment Escrow Deposit Account by wire transfer of immediately available funds to accounts an account designated by Seller.

Appears in 1 contract

Sources: Stock Purchase Agreement (Sensata Technologies Holding PLC)