Indemnification Escrow Fund definition

Indemnification Escrow Fund means the Indemnification Escrow Amount, and the funds from time to time in such account established with the Escrow Agent pursuant to the Escrow Agreement.

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Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

Indemnification Escrow Fund has the meaning set forth in Section 3.02(c)(ii).

Examples of Indemnification Escrow Fund in a sentence

• If the Post-Closing Deficit is greater than the amount held in the Purchase Price Adjustment Escrow Fund, then Seller and the Operator shall jointly instruct the Escrow Agent to disburse from the Indemnification Escrow Fund by wire transfer of immediately available funds to the Operator the amount by which the Post-Closing Deficit exceeds the amount in the Purchase Price Adjustment Escrow Fund (up to the amount in the Indemnification Escrow Fund).

• If the Post-Closing Deficit is greater than the amount held in the Purchase Price Adjustment Escrow Fund, then Sellers and the Operator shall jointly instruct the Escrow Agent to disburse from the Indemnification Escrow Fund by wire transfer of immediately available funds to the Operator the amount by which the Post-Closing Deficit exceeds the amount in the Purchase Price Adjustment Escrow Fund (up to the amount in the Indemnification Escrow Fund).

More Definitions of Indemnification Escrow Fund

Indemnification Escrow Fund shall have the meaning ascribed to it in Section 8.5(d) hereof.

Indemnification Escrow Fund means the Indemnification Escrow Amount paid to the Escrow Agent, and any interest earned thereon, which shall be maintained and administered by the Escrow Agent in accordance with the Escrow Agreement to provide a source of funds for the payment of the indemnification obligations set forth in Section 9.1.

Indemnification Escrow Fund means the Indemnification Escrow Amount, and any interest or other amounts earned on it and less and disbursements from it in accordance with the Escrow Agreement.

Indemnification Escrow Fund means the portion of the Escrow Account designated for the Indemnification Escrow Amount to be held by the Escrow Agent in accordance with the terms of the Escrow Agreement.

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

Indemnification Escrow Fund means the Indemnification Escrow Shares held at any determination time by the Escrow Agent as part of the Escrow Shares (as that term is defined in the Escrow Agreement).

Indemnification Escrow Fund means the Indemnification Escrow Amount plus any interest thereon and on any such interest, in accordance with the Escrow Agreement, as the same may be reduced from time to time by any payments to the Purchaser and the other Purchaser Indemnified Parties pursuant to Section 5.4(e) or Section 5.5(b).