Common use of Delivery into Escrow Clause in Contracts

Delivery into Escrow. Notwithstanding the foregoing, $135,000 of the Cash Purchase Price shall be paid directly to the Escrow Agent pursuant to the Escrow Agreement (the "Escrow Amount"). The Escrow Amount shall be available to fund (but shall not be the sole source of funding) any obligations of Seller under this Agreement pursuant to the terms of the Escrow Agreement; provided, however, if the amount of cash in the Escrow Account falls below $135,000 (the "Threshold Value") due to payment from the Escrow Account pursuant to Section 2.3 hereof, the Seller (or the Shareholders pursuant to Section 2.3(e)) shall contribute additional cash in an amount necessary so that the Escrow Account would equal the Threshold Value.

Delivery into Escrow. Notwithstanding the foregoing, an amount in cash equal to $135,000 of the Cash Purchase Price 46,000 shall be paid directly delivered at Closing to the Escrow Agent pursuant to the Escrow Agreement (the "Escrow Amount"). The Escrow Amount shall be available to fund (but shall not be the sole source of funding) any obligations of Seller and Shareholders cash under this Agreement pursuant to the terms of the Escrow Agreement; provided, however, if the amount of cash in the Escrow Account Amount falls below $135,000 46,000 (the "Threshold Value") due to payment from the Escrow Account Amount pursuant to Section 2.3 hereof, the Seller (or the Shareholders pursuant to Section 2.3(e)) shall contribute additional cash to the Escrow Amount in an amount necessary so that the amount of cash in the Escrow Account Amount would equal the Threshold Value.