Common use of Terms of Escrow Clause in Contracts

Terms of Escrow. (a) The Escrow Agent shall hold the Consideration in escrow until the earlier to occur of (i) the receipt by the Escrow Agent of the total amount of the Purchase Price from the Purchaser or (ii) the receipt by the Escrow Agent of a notice, executed by each of the Company and the Purchaser, stating that the Purchase Agreement has been terminated or otherwise directing the disposition of the Consideration.

Terms of Escrow. (a) The Escrow Agent shall hold the Consideration Collateral and the Relevant Shares in escrow until the earlier to occur of (i) the receipt by the Escrow Agent of the total amount of the Purchase Price from the Purchaser or (ii) the receipt by the Escrow Agent of a notice, executed by each of the Company Company, the Sellers and the Purchaser, stating that the Closing under the Purchase Agreement has been terminated or otherwise is to take place and directing the disposition of the ConsiderationEscrow Fund in the manner set forth in the Purchase Agreement or (ii) as set forth in subparagraph (b) below.

Terms of Escrow. (a) The Escrow Agent shall hold the Consideration in escrow until the earlier to occur of (i) the receipt by the Escrow Agent of the total amount all of the Purchase Price from the Purchaser Consideration or (ii) the receipt by the Escrow Agent of a notice, executed by each of the Company and the Purchaser, stating that the Purchase Agreement has been terminated or otherwise directing the disposition of the Consideration.

Terms of Escrow. (a) The Escrow Agent shall hold the Consideration in escrow until the earlier to occur of (i) the receipt by the Escrow Agent of all of the total amount of the Purchase Price from the Purchaser Purchasers or (ii) the receipt by the Escrow Agent of a notice, executed by each of the Company and the PurchaserPurchasers, stating that the Purchase Agreement has been terminated or otherwise directing the disposition of the Consideration.