Escrow Period. The escrow period (“Escrow Period”) shall begin with the commencement of the Offering and shall terminate, in whole or in part, as applicable, upon the earlier to occur of the following:
Escrow Period. The Escrow Period shall begin on the Qualification Date and shall terminate in whole or in part upon the earlier to occur of the following:
Escrow Period. The escrow period (“Escrow Period”) shall begin with the commencement of the Offering and shall be held in the Escrow Account for the benefit of Subscribers, upon the earlier to occur of the following:
Escrow Period. The escrow period ("Escrow Period") shall begin on the date hereof and shall terminate on the earlier of:
Escrow Period. The term of this Escrow Agreement shall begin on the effective date of the Statement and shall terminate in accordance with Section 7 below.
Escrow Period. The Escrow Period shall terminate with respect to all of the Escrow Shares upon the expiration of six months from the Effective Time; provided, however, that a portion of the Escrow Shares, which, in the reasonable judgment of Acquiror, subject to the objection of the Shareholders' Agent and the subsequent arbitration of the matter in the manner provided in Section 8.7 hereof, are necessary to satisfy any unsatisfied claims specified in any Officer's Certificate theretofore delivered to the Escrow Agent prior to termination of the Escrow Period with respect to facts and circumstances existing prior to 42. 48 expiration of the Escrow Period, shall remain in the Escrow Fund until such claims have been resolved.
Escrow Period. The Escrow Period shall begin as of the date of this Agreement and shall terminate upon the earlier to occur of the following dates (the "Termination Date"):
Escrow Period. The Escrow Period shall terminate at the expiration of twelve (12) months after the Effective Time; provided, however, that a portion of the Escrow Fund, which is necessary to satisfy any unsatisfied claims specified in any Officer's Certificate theretofore delivered to the Escrow Agent prior to termination of the Escrow Period with respect to facts and circumstances existing prior to expiration of the Escrow Period, shall remain in the Escrow Fund until such claims have been finally resolved, including without limitation any claims relating to items set forth on Schedule 2.8 hereto.
Escrow Period. Subject to the following requirements, the Escrow Fund shall remain in existence until June 5, 2005 (the "ESCROW TERMINATION DATE") (the "ESCROW PERIOD"). Upon the expiration of the Escrow Period, the Escrow Fund shall terminate with respect to all Escrow Shares; provided, however, that the number of Escrow Shares, which, in the reasonable judgment of Buyer, subject to the objection of the Shareholders' Representative (as defined in Section 10.7 below) and the subsequent arbitration of the claim in the manner provided in the Escrow Agreement, are necessary to satisfy any unsatisfied claims specified in any officer's certificate delivered to the Escrow Agent prior to the expiration of such Escrow Period with respect to facts and circumstances existing on or prior to the Escrow Termination Date shall remain in the Escrow Fund (and the Escrow Fund shall remain in existence) until such claims have been resolved. As soon as all such claims have been resolved, the Escrow Agent shall deliver, net of the Deficit Adjustment Shares, to the Indemnifying Shareholders all Escrow Shares and other property remaining in the Escrow Fund and not required to satisfy such claims. Deliveries of Escrow Shares to the Indemnifying Shareholders pursuant to Section 10.5 below and the Escrow Agreement shall be made in proportion to their respective original contributions to the Escrow Fund.
Escrow Period. The period during which claims for indemnification from the Escrow Fund may be initiated (the “Claims Period”) shall commence at the Effective Time and terminate on the Escrow Termination Date. Upon the expiration of the Claims Period, the Escrow Fund shall terminate with respect to all Escrow Shares and Escrow Cash in the Escrow Fund at such time; provided, however, that the number of Escrow Shares and the amount of Escrow Cash, which, subject to the provisions of this Article Eight and the Escrow Agreement (including any objection of the Stockholders’ Representative in accordance with the provisions of the Escrow Agreement), are necessary to satisfy any unsatisfied claims specified in any Officer’s Certificate delivered to the Escrow Agent prior to the expiration of such Escrow Period shall remain in the Escrow Fund (and the Escrow Fund shall remain in existence) until such claims have been resolved. As such claims are resolved, the Escrow Agent shall deliver to the stockholders of Target all Escrow Shares, Escrow Cash and other property remaining in the Escrow Fund and not required to satisfy such resolved claims or any remaining unresolved claims. Deliveries of Escrow Shares and Escrow Cash to the stockholders of Target pursuant to this Section 8.5 and the Escrow Agreement shall be made in proportion to their respective original contributions to the Escrow Fund.
