Examples of Indemnification Escrow Agent in a sentence
Acquiror, the Shareholders and the Indemnification Escrow Agent have caused this Agreement to be signed by their respective officers thereunto duly authorized, and their respective seals to be affixed hereto, as of the date first written above.
For simplicity, each issue will be discussed independently of the others and without consideration of any modifications of the calculations that would be required because of conclusions reached with respect to the other issues.
Such amended Agreement shall provide that the Buyer shall (a) deduct the amount of consideration allocable to the Damaged Restaurant, (b) deduct a proportionate amount of the funds to be deposited with the Indemnification Escrow Agent, and (c) not be obligated to purchase any Purchased Assets or assume any Assumed Liabilities relating to the Damaged Restaurant.
The Indemnification Escrow Agent agrees to hold the Indemnification Escrow Shares in an escrow account (the “Escrow Account”), subject to the terms and conditions of this Agreement.
They are located in the front of the vehicle mounted into the front of the hood.