Indemnity Escrow Agreement. Seller shall have executed and delivered the Indemnity Escrow Agreement.
Indemnity Escrow Agreement. At the Closing, Buyer, Seller and the Escrow Agent shall execute the Indemnity Escrow Agreement, in accordance with which Buyer will deposit the Indemnity Fund with the Escrow Agent on the Closing Date in order to provide a fund for the payment of any indemnification to which any Buyer Indemnitee is entitled under this Section. However, Buyer's rights with respect to the Indemnity shall not be limited to the Indemnity Fund.
Indemnity Escrow Agreement. At the closing of the Offering, an amount equal to $500,000 from the offering proceeds shall be placed into a non-interest bearing escrow account to be determined, for the purpose of indemnification under Section 8 by the Company and the Selling Shareholders, for a period of two (2) years from the closing of the Offering. Disbursement of such escrow funds shall be determined by an independent third-party trustee, to be chosen by mutual consent of the Company, Selling Shareholders and Placement Agent.
Indemnity Escrow Agreement. An escrow agreement substantially in the form attached hereto as Exhibit G (the “Indemnity Escrow Agreement”), executed by a duly authorized officer of Seller and the Indemnity Escrow Agent.
Indemnity Escrow Agreement. The Indemnity Escrow Agreement, executed by a duly authorized officer of Buyer and the Indemnity Escrow Agent, and Buyer shall deposit the Indemnity Escrow Amount with the Indemnity Escrow Agent in accordance with Section 3.2(d).
Indemnity Escrow Agreement. An executed counterpart of an -------------------------- Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit A; and ---------
Indemnity Escrow Agreement. The Indemnity Escrow Agreement shall have been duly executed and delivered by Parent and the Indemnity Escrow Agent named therein.
Indemnity Escrow Agreement. At the Closing, Purchaser and Sellers shall execute and deliver an escrow agreement in a customary form as mutually agreed between Sellers and Purchaser (the “Indemnity Escrow Agreement”), which agreement shall designate an escrow agent (the “Indemnity Escrow Agent”) and provide for the establishment of an escrow account (the “Indemnity Escrow Account”) in the initial amount equal to 1% of the Purchase Price (the “Indemnity Escrow Amount”). The Indemnity Escrow Amount, together with income earned thereon as provided in the Indemnity Escrow Agreement (the “Indemnity Escrowed Funds”) shall be held by the Indemnity Escrow Agent pursuant to the Indemnity Escrow Agreement as a source of funds for amounts owing to Purchaser Group Members under Article XI (Indemnification) and, in Purchaser’s sole discretion, Section 3.2 (
Indemnity Escrow Agreement. Each of Parent, the Stockholder and the Escrow Agent are entering into the Escrow Agreement.
Indemnity Escrow Agreement. The Indemnity Escrow Agreement shall have been executed by the parties and the amounts required thereunder shall have been funded or instruments deposited as provided in Section 2.4.
