Escrow Fund definition

Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

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Escrow Fund has the meaning ascribed to it in Section 7.2(a).

Escrow Fund has the meaning set forth in Section 3.5.

Examples of Escrow Fund in a sentence

Neither the General R&W Cap nor the Maximum Cap shall apply to claims by Buyer Indemnified Parties pursuant to Section 10.2(a)(ii), Section 10.2(a)(iii) or Section 10.2(a)(iv); provided that, with respect to any such claim, Buyer shall first satisfy the Losses therefrom from the Escrow Fund in the Escrow Account, and if the Escrow Fund has been exhausted or is otherwise unavailable or insufficient to fully satisfy such claim, from Seller and Seller Parent, jointly and severally.
Promptly after the Release Date, Buyer and Seller shall jointly instruct the Escrow Agent to release to Seller from the Escrow Fund in accordance with the Escrow Agreement the portion of the Escrow Fund, if any, in excess of the sum of (i) the amount, if any, that Buyer and Seller have instructed the Escrow Agent to disburse from the Escrow Account that has not actually been disbursed as of such date, and (ii) the Unresolved Claims Amount as of the Release Date.
The procedures set forth in this Section 10.4(g) shall be reiterated for each Unresolved Claim until all amounts in the Escrow Fund have either been paid to the Buyer Indemnified Parties or released to Seller.

More Definitions of Escrow Fund

Escrow Fund means the fund established and held by Escrow Agent pursuant to the Escrow Agreement.

Escrow Fund means the Escrow Amount deposited with the Escrow Agent, plus any earnings and less any losses based on investment of the Escrow Amount in accordance with the Escrow Agreement, minus all amounts released from escrow in accordance with the terms of this Agreement or the Escrow Agreement.

Escrow Fund shall have the meaning set forth in Section 2.3(d).

Escrow Fund has the meaning set forth in Section 2.5(b).

Escrow Fund shall have the meaning set forth in Section 9.1(g).

Escrow Fund means the Escrow Amount held by the Escrow Agent in accordance with this Agreement and the Escrow Agreement.

Escrow Fund means the Escrow Fund established pursuant to Section 9.