Common use of Purpose of the Escrow Fund Clause in Contracts

Purpose of the Escrow Fund. Subject to the terms and conditions of this Deposit Escrow Agreement, the Escrow Agent shall hold the Escrow Fund to secure certain payment obligations pursuant to Section 2.05 of the Asset Purchase Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Pope & Talbot Inc /De/), Asset Purchase Agreement (Pope & Talbot Inc /De/)

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Purpose of the Escrow Fund. Subject to the terms and conditions of this Deposit The Escrow Agreement, Fund will be deposited with the Escrow Agent shall hold and held by the Escrow Fund Agent to secure certain payment the indemnification obligations pursuant to Section 2.05 of the Asset Purchase Company provided for in Article VII of the Merger Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Corautus Genetics Inc), Escrow Agreement (Genstar Therapeutics Corp)

Purpose of the Escrow Fund. Subject to the terms and conditions of this Deposit The Escrow Agreement, Shares will be deposited with the Escrow Agent shall hold and held by the Escrow Fund Agent to secure certain payment the indemnification obligations pursuant to Section 2.05 provided for in Article IX of the Asset Purchase Merger Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Ariba Inc)

Purpose of the Escrow Fund. Subject to the terms and conditions of this Deposit The Escrow Agreement, Funds will be deposited with the Escrow Agent shall hold and held by the Escrow Fund Agent to secure certain payment the indemnification obligations pursuant to Section 2.05 provided for in Article X of the Asset Purchase Merger Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Mgi Pharma Inc)

Purpose of the Escrow Fund. Subject to the terms and conditions of this Deposit Price Adjustment Escrow Agreement, the Escrow Agent shall hold the Escrow Fund to secure certain payment obligations pursuant to Section 2.05 2.08 of the Asset Purchase Agreement.

Appears in 1 contract

Samples: Deposit Escrow Agreement

Purpose of the Escrow Fund. Subject to the terms and conditions of this Deposit Escrow Agreement, the Escrow Agent shall hold the Escrow Fund to secure certain payment obligations pursuant to Section 2.05 2.06 of the Asset Purchase Agreement.

Appears in 1 contract

Samples: Deposit Escrow Agreement

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Purpose of the Escrow Fund. Subject to the terms and conditions of this Deposit Independent Accounting Firm Escrow Agreement, the Escrow Agent shall hold the Escrow Fund to secure certain payment obligations pursuant to Section 2.05 2.08 of the Asset Purchase Agreement.

Appears in 1 contract

Samples: Deposit Escrow Agreement

Purpose of the Escrow Fund. Subject to the terms and conditions of this Deposit Asserted Cure Costs Escrow Agreement, the Escrow Agent shall hold the Escrow Fund to secure certain payment obligations pursuant to Section 2.05 2.09 of the Asset Purchase Agreement.

Appears in 1 contract

Samples: Deposit Escrow Agreement

Purpose of the Escrow Fund. Subject The Escrow Amount will be deposited with Escrow Agent and will be held by Escrow Agent to secure the obligations of Seller to make payments to Buyer with respect to the terms and conditions indemnification obligations of this Deposit Escrow Agreement, the Escrow Agent shall hold the Escrow Fund to secure certain payment obligations pursuant to Section 2.05 Seller contained in Article VIII of the Asset Purchase Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Manhattan Associates Inc)

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