Deposit Escrow Agreement. Concurrent with the execution hereof Buyer and Seller shall execute and deliver the Deposit Escrow Agreement, and Buyer shall deposit the Deposit Amount with the Escrow Agent in accordance with the terms thereof.
Deposit Escrow Agreement. Evidence satisfactory to Administrative Agent that the Escrow Agreement (as defined in the Sygnet Merger Agreement) contains terms evidencing Lenders' Rights in the Deposit (as defined in the Sygnet Merger Agreement).
Deposit Escrow Agreement. Pursuant to the Deposit Escrow Agreement, substantially in the form of EXHIBIT J, attached hereto, the Purchaser will deliver the Deposit to the Escrow Agent on the date of execution hereof. After the Sellers have executed and delivered the Seller's Closing Certificate (as defined in Section 6.1 (a)) to Purchaser and ProNet and ProNet and Purchaser have executed and delivered the Purchaser's Closing Certificate (as defined in Section 6.2 (a)) to Seller, Purchaser, ProNet and Sellers shall execute the written instructions in the form of Exhibit B-1 and deliver Exhibit B-1 to the Escrow Agent instructing the Escrow Agent to deliver the Deposit to Sellers and the interest accrued thereof to the Purchaser at the Closing in accordance with Section 1.4 of this Agreement. If this Agreement is terminated prior to Closing pursuant to Section 7.1 (b), then the Deposit, including all accrued interest thereon, shall be paid to Seller; and if this Agreement is terminated prior to Closing pursuant to Section 7.1 (c), then the Deposit, including all accrued interest thereon, shall be paid to Purchaser.
Deposit Escrow Agreement. Not more than fifteen (15) Business Days following the execution hereof, Buyer and Sellers shall execute and deliver the Deposit Escrow Agreement, and Buyer shall deposit the Deposit Amount with the Escrow Agent in accordance with the terms thereof. In the event that Buyer shall not have delivered the Deposit Amount to the Escrow Agent within said fifteen (15)-day period, Sellers shall be entitled to terminate this Agreement pursuant to Section 11.1(h) by giving Buyer five (5) Business Days' written notice of Sellers' intention to terminate; provided, that during such five (5) Business Day period Buyer shall be entitled to deliver the Deposit Amount to the Escrow Agent and execute and deliver the Deposit Escrow Agreement, in which case this Agreement shall not be terminated.
Deposit Escrow Agreement. (a) On the date of this Agreement, Parent shall deposit Five Hundred Thousand Dollars ($500,000) (the “Initial Deposit Funds”) in immediately available funds with the Company and (b) on or prior to 5:00 p.m., Chicago time, on November 9, 2004, Parent shall deposit Four Million Five Hundred Thousand Dollars ($4,500,000) in immediately available funds (the “Deposit Balance Funds” and, together with the Initial Deposit Funds, the “Xxxxxxx Money”) with Citibank, N.A., as escrow agent (the “Deposit Escrow Agent”) pursuant to an escrow agreement substantially in the form attached hereto as Exhibit A (the “Deposit Escrow Agreement”). The terms of the Escrow shall be governed by the Deposit Escrow Agreement and Section 7.2(d). To the extent this Agreement is not terminated pursuant to Section 7.1(i), the Company will transfer the Initial Deposit Funds (or an amount in immediately available funds equal thereto) to the Deposit Escrow Agent by 5:00 p.m., Chicago time, on November 10, 2004.
Deposit Escrow Agreement. 4 1.5 Determination Of Accrued Liabilities and Excess Cash Or Cash Deficiency. . . . . . . . . . . .4 1.6 Post Closing Admustments. . . . . . . . . . . . . . . . .5
Deposit Escrow Agreement. (a) Prior to 2:00 p.m. (Boston time) on the next Business Day following the date hereof, Buyer shall deliver to Fidelity National Title, as escrow agent (the “Escrow Agent”),
Deposit Escrow Agreement. On the date of this Agreement, Parent shall deposit Ten Million Dollars ($10,000,000) (the “Xxxxxxx Money”) in immediately available funds with Chicago Title and Trust Company, as escrow agent (the “Deposit Escrow Agent”) pursuant to an escrow agreement substantially in the form attached hereto as Exhibit A (the “Deposit Escrow Agreement”). The terms of the Escrow shall be governed by the Deposit Escrow Agreement and Section 7.2(d).
Deposit Escrow Agreement. A Deposit Escrow Agreement mutually agreeable to Purchaser and the Company (the “Deposit Escrow Agreement”) shall have been executed and delivered by Purchaser and the Deposit Escrow Agent.
Deposit Escrow Agreement. The Deposit Escrow Agreement shall have been executed and delivered by the Company and the Deposit Escrow Agent.
