Common use of Escrow Property Clause in Contracts

Escrow Property. During the Escrow period the Escrow agent will receive all money, securities, rights or property distributed in respect of the Escrow stock including any such property distributed as dividends or pursuant to any stock split, merger, recapitalisation, dissolution, total or partial liquidation of the Parent (excluding only dividends paid to the Escrow agent by the Parent to the extent that the Subscriber has in relation to the same period been paid dividends on the Subscription shares): all such property to be held and distributed as herein provided and hereinafter referred to collectively as "Escrow property". Reference herein to Escrow stock will be deemed to include the Escrow property deposited in escrow pursuant thereto.