Escrow Fund definition

Escrow Fund means the fund created by this Agreement to be administered by the Escrow Agent pursuant to the provisions of this Agreement.

Escrow Fund has the meaning set forth in Section 3.5.

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

Examples of Escrow Fund in a sentence

The Indemnity Escrow Fund shall constitute partial security for the indemnification obligations of the Indemnifying Parties pursuant to Article 8 and the Adjustment Escrow Fund shall constitute partial security for the purchase price adjustment obligations pursuant to Section 2.6. As soon as reasonably practicable following the Effective Time, Acquirer shall deposit $50,000 (the “Expense Fund Amount”) with the Agent, to be held in a separate account, which shall be governed by Section 8.8.
If the Shortfall Amount is greater than the Adjustment Escrow Amount, Acquirer may, in its sole discretion, elect to recover the remaining Shortfall Amount from the Indemnity Escrow Fund or by setting off against any Milestone Payment that becomes payable pursuant to Section 2.7 or a combination of the foregoing.

Escrow Fund means the Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any interest or other amounts earned thereon.

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

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

Escrow Fund has the meaning set forth in Section 1.5.

Escrow Fund has the meaning given to such term in the Escrow Agreement.

Escrow Fund has the meaning set forth in Section 1.7(c).

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