Establishment of Escrow. (a) Buyer is depositing with Escrow Agent an amount equal to dollars ($ ) in immediately available funds (as increased by any earnings thereon and as reduced by any disbursements, amounts withdrawn under Sec- tion 5(j), or losses on investments, the ‘‘Escrow Fund’’). Escrow Agent acknowl- edges receipt thereof.
Appears in 2 contracts
Samples: And Nonsolicitation Agreement, And Nonsolicitation Agreement
Establishment of Escrow. (a) Buyer is depositing with Escrow Agent (i) an amount equal to TWO HUNDRED FIFTY THOUSAND dollars ($ $250,000.00) in immediately available funds and (ii) all amounts, if any, in dispute as of the Closing under Section 2.9 of the Purchase Agreement (as increased by any earnings thereon and as reduced by any disbursements, amounts withdrawn under Sec- tion 5(jparagraph 8(j), or losses on investments, the ‘‘"Escrow Fund’’"). Escrow Agent acknowl- edges receipt thereof.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Advanced Nutraceuticals Inc/Tx)
Establishment of Escrow. (a) Buyer Purchaser is depositing with Escrow Agent an amount equal to dollars ($ ) $2,000,000 in immediately available funds (as increased by any earnings thereon and as reduced by any disbursements, amounts withdrawn under Sec- tion 5(j), or losses on investments, the ‘‘“Escrow Fund’’”). Escrow Agent acknowl- edges acknowledges receipt thereof.
Appears in 1 contract
Establishment of Escrow. (a) Buyer is depositing with Escrow Agent an amount equal to nine hundred forty-six thousand eight hundred dollars ($ $946,800.00) in immediately available funds (as increased by any earnings thereon and as reduced by any disbursements, amounts withdrawn under Sec- tion Section 5(j), or losses on investments, the ‘‘"Escrow Fund’’"). Escrow Agent acknowl- edges acknowledges receipt thereof.
Appears in 1 contract
Samples: Asset Purchase Agreement (Outsource International Inc)
Establishment of Escrow. (a) Buyer is depositing with Escrow Agent an amount equal to dollars ($ ) $2,872,902 in immediately available funds (as increased by any earnings thereon and by any amounts recovered pursuant to the last sentence of Section 5(j), and as reduced by any disbursementsdisbursements pursuant to Sections 3 or 4, amounts withdrawn under Sec- tion Section 5(j), or losses on investments, the ‘‘"Escrow Fund’’"). Escrow Agent acknowl- edges acknowledges receipt thereof.
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Establishment of Escrow. (a) Buyer is depositing with Escrow Agent an amount equal to dollars ($ ) $250,000 in immediately available funds (as increased by any earnings thereon and as reduced by any disbursements, amounts withdrawn under Sec- tion Section 5(j)) of this Escrow Agreement, or losses on investments, the ‘‘"Escrow Fund’’"). Escrow Agent acknowl- edges acknowledges receipt thereof.
Appears in 1 contract
Samples: Escrow Agreement (Viewcast Com Inc)
Establishment of Escrow. (a) Buyer Purchaser is depositing with Escrow Agent an amount equal to dollars ($ ) $4,500,000.00 in immediately available funds (plus $ , being an amount equal to the estimated Adjustment Amount as described in the Purchase Agreement. These sums, as increased by any earnings thereon and as reduced by any disbursements, amounts withdrawn under Sec- tion Section 5(j), or losses on investments, are referred to herein as the ‘‘"Escrow Fund’’)". Escrow Agent acknowl- edges acknowledges receipt thereof.
Appears in 1 contract
Samples: Stock Purchase Agreement (United Stationers Supply Co)