Examples of Escrowed Cash in a sentence
Escrow Agent's sole responsibility shall be for the safekeeping, investment, and disbursement of the Escrowed Cash or the Escrowed Shares in accordance with the terms of this Escrow Agreement.
The Escrow Agent agrees to accept delivery of the Escrowed Cash and to hold the Escrowed Cash in an interest-bearing escrow account (the "Cash Escrow Account"), subject to the terms and conditions of this Agreement.
The Escrowed Cash shall be held as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of any party hereto.
Net debt is defined as total debt less cash and cash equivalents and the KBW Escrowed Cash.
Escrow Agent shall not be obligated to take any legal action or commence any proceeding in connection with the Escrowed Cash or the Escrowed Shares, any account in which Escrowed Cash or the Escrowed Shares are deposited, this Escrow Agreement or the Merger Agreement, or to appear in, prosecute or defend any such legal action or proceeding.