Common use of Escrow Portion Clause in Contracts

Escrow Portion. $4,000,000 of the Purchase Price shall be paid by Buyer at the Closing in cash, which shall be delivered to the Escrow Agent to be held in escrow in accordance with the terms of the Escrow Agreement and Section 2.5 below.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Global Imaging Systems Inc), Stock Purchase Agreement (Global Imaging Systems Inc)