Examples of Indemnification Escrow Period in a sentence
The Indemnification Escrow Agent shall hold and safeguard the Indemnification Escrow Funds during the Indemnification Escrow Period, shall treat such fund as a trust fund in accordance with the terms of this Agreement and not as the property of Parent and shall hold and dispose of the Indemnification Escrow Funds only in accordance with the terms hereof.
On the next Business Day following the last day of the Indemnification Escrow Period, the Escrow Amount will be released in accordance with the provisions of Section (II)(b) of Schedule B hereto.
Those property lot borders where the fence is to be erected must be verified by the Architectural Committee.
The minutes of each Committee meeting will be submitted to the Board of Management for information at the next appropriate meeting.
The Company Shareholders shall maintain in full force and effect during the Indemnification Escrow Period, the insurance policies supporting the Company Shareholders' indemnification obligations with respect to the representations and warranties contained in Article III of this Agreement in the form delivered to Buyer on the Closing Date.
The Indemnification Escrow Period (as defined in Section (II)(a) of Schedule B hereof) shall commence on the date hereof and shall end on the last day of such Indemnification Escrow Period.
The Escrow Agent shall hold and safeguard the Indemnification Escrow Fund during the Indemnification Escrow Period and shall treat such fund as a trust fund in accordance with the terms of this Agreement.
Notwithstanding the foregoing, no delay in providing such notice within the Indemnification Escrow Period shall affect an Indemnified Person’s rights hereunder.
The indemnification provided for in this Article as to the Damages for which the Shareholders Escrow Shares or the additional Shares to be issued by the Surviving Corporation will provide compensation will be for any claim or aggregate of claims made within the Indemnification Escrow Period under Section 7.8, provided that a claim or aggregate of claims to be made must first aggregate $25,000, and then will be for the full amount of the claims.
The Escrow Agent shall hold and safeguard the Indemnification Escrow Fund during the Indemnification Escrow Period, shall treat such fund as a trust fund in accordance with the terms of this Agreement and shall hold and dispose of the Indemnification Escrow Consideration only in accordance with the terms of Section 1.5, Section 1.7(f), this Article VIII and the Escrow Agreement.