Common use of Disbursements from Escrow Funds to Pay Escrow Agent Clause in Contracts

Disbursements from Escrow Funds to Pay Escrow Agent. Escrow Agent is authorized to, and may disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of expenses due and payable hereunder (including any amount to which Escrow Agent or any Indemnified Party is entitled to seek indemnification hereunder). Escrow Agent shall notify Purchaser and Sellers Representative of any disbursement from the Escrow Funds to itself or any Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Purchaser and Sellers Representative copies of related invoices and other statements.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Vocera Communications, Inc.)

AutoNDA by SimpleDocs

Disbursements from Escrow Funds to Pay Escrow Agent. Escrow Agent is authorized to, and may disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of expenses due and payable hereunder (including any amount to which Escrow Agent or any other Indemnified Party is entitled to seek indemnification hereunder). Escrow Agent shall notify Purchaser and Sellers Representative Seller of any such disbursement from the Escrow Funds to itself or any other Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Purchaser and Sellers Representative Seller copies of related invoices and other statements.

Appears in 1 contract

Samples: Employment Agreement (LIVE VENTURES Inc)

Disbursements from Escrow Funds to Pay Escrow Agent. Escrow Agent is authorized to, and may disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of expenses due and payable hereunder (including any amount to which Escrow Agent or any Indemnified Party is entitled to seek indemnification hereunder). Escrow Agent shall notify Purchaser Depositor and Sellers Representative Recipient of any such disbursement from the Escrow Funds to itself or any Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Purchaser Depositor and Sellers Representative Recipient copies of related invoices and other statements.

Appears in 1 contract

Samples: Escrow Agreement (Cool Holdings, Inc.)

Disbursements from Escrow Funds to Pay Escrow Agent. Escrow Agent is authorized to, and may disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of expenses due and payable hereunder (including any amount to which Escrow Agent or any other Indemnified Party is entitled to seek indemnification hereunder). Escrow Agent shall notify Purchaser and Sellers Representative Seller of any such disbursement from the Escrow Funds to itself or any other Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Purchaser and Sellers Representative Seller copies of related invoices and other statements.

Appears in 1 contract

Samples: Unit Purchase Agreement (Boston Beer Co Inc)

Disbursements from Escrow Funds to Pay Escrow Agent. Escrow Agent is authorized to, and may disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of expenses due and payable hereunder (including any amount to which Escrow Agent or any other Indemnified Party is entitled to seek indemnification hereunder). Escrow Agent shall notify Purchaser and Sellers Representative Parent of any such disbursement from the Escrow Funds to itself or any other Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Purchaser and Sellers Representative Parent copies of related invoices and other statements.

Appears in 1 contract

Samples: Escrow Agreement (American Virtual Cloud Technologies, Inc.)

AutoNDA by SimpleDocs

Disbursements from Escrow Funds to Pay Escrow Agent. Escrow Agent is authorized to, and may disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of expenses due and payable hereunder (including any amount to which Escrow Agent or any other Indemnified Party is entitled to seek indemnification hereunder). Escrow Agent shall notify Purchaser Buyer and Sellers Sellers’ Representative of any such disbursement from the Escrow Funds to itself or any other Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Purchaser Buyer and Sellers Sellers’ Representative copies of related invoices and other statements.

Appears in 1 contract

Samples: Stock Purchase Agreement (Universal Logistics Holdings, Inc.)

Disbursements from Escrow Funds to Pay Escrow Agent. Without limiting the joint and several nature of their obligations to Escrow Agent, Escrow Agent is authorized to, and may disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of expenses due and payable hereunder (including any amount to which Escrow Agent or any other Indemnified Party is entitled to seek indemnification hereunder). Escrow Agent shall notify Purchaser Buyer and Sellers Sellers’ Representative of any such disbursement from the Escrow Funds to itself or any other Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Purchaser Buyer and Sellers Sellers’ Representative copies of related invoices and other statements.

Appears in 1 contract

Samples: Part Time Consulting Agreement (Universal Logistics Holdings, Inc.)

Disbursements from Escrow Funds to Pay Escrow Agent. Escrow Agent is authorized to, and may disburse to itself from the Escrow Funds, from time to time, the amount of any compensation and reimbursement of reasonable and documented expenses due and payable hereunder (including any amount to which Escrow Agent or any other Indemnified Party is entitled to seek indemnification hereunder). Escrow Agent shall notify Purchaser Buyer and Sellers Representative Seller of any such disbursement from the Escrow Funds to itself or any other Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Purchaser Buyer and Sellers Representative Seller copies of related invoices and other statements.

Appears in 1 contract

Samples: Lease Agreement (Celadon Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.