Indemnity Escrow Agreement definition

Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

Indemnity Escrow Agreement means the Indemnity Escrow Agreement to be dated as of the Closing Date by and among Sellers, Purchaser and the Escrow Agent substantially in the form of Exhibit C hereto.

Examples of Indemnity Escrow Agreement in a sentence

• The Sellers shall deliver to the escrow agent pursuant to the New Indemnity Escrow Agreement the Dollar amount of $100,000.00 (One Hundred Thousand Dollars 00/100) as escrow fund.

• The Sellers and the Buyer shall have taken all legal steps required to cancel upon Closing the Indemnity Escrow Agreement in order to: (i) release from the Escrow Fund all of the Escrowed Shares and; (ii) and to execute the New Indemnity Escrow Agreement which shall have the amount of $100,000.00 (One Hundred Thousand Dollars 00/100) as escrow fund.

• The Buyer shall deliver to the escrow agent pursuant to the New Indemnity Escrow Agreement the Dollar amount of $100,000.00 (One Hundred Thousand Dollars 00/100) as escrow fund.

• Subject to the cancellation of the Indemnity Escrow Agreement, the forty percent (40%) of the authorized capital stock of the Companies consists of the number of shares of common stock, with their respective par value and other characteristics, as set forth in Schedule 9 (a) and constitutes forty percent (40%) of the authorized issued, subscribed and paid capital stock of the Companies.

• Subject to the cancellation of the Indemnity Escrow Agreement, the stock certificates representing the Shares, validly issued, subscribed and paid in full, free and clear of all liens, restrictions, options, rights of first refusal, or encumbrances whatsoever, duly endorsed in ownership to the Buyer.

More Definitions of Indemnity Escrow Agreement

Indemnity Escrow Agreement has the meaning specified in Section 2.3(ii) to this Agreement.

Indemnity Escrow Agreement means that certain Escrow Agreement to be entered into at Closing by and among the Purchaser, the Escrow Agent and each member of the Shareholder Representative Committee, substantially in the form attached hereto as Annex A.

Indemnity Escrow Agreement shall have the meaning given to it in Section 8.2(o).

Indemnity Escrow Agreement means the escrow agreement governing the Indemnity Escrow Account to be entered into as of the date hereof between the Escrow Agent, the Sellers’ Representative and Parent (as amended, modified, supplemented or restated from time to time).

Indemnity Escrow Agreement means the Indemnity Escrow Agreement to be dated as of the Closing Date by and among Newco, Seller, Buyer, Buyer Sub 1 and an escrow agent to be agreed upon by Buyer and Seller prior to the Closing Date, for the purpose set forth in Section 10.4(f) herein.

Indemnity Escrow Agreement means the Indemnity Escrow Agreement to be entered into by and among Buyer, the Company and the Escrow Agent concurrently with the Closing, substantially in the form of Exhibit D.

Indemnity Escrow Agreement has the meaning set forth in Section 1.02(b)(i)(A).