Examples of Indemnity Escrow Amount in a sentence

In the event the Closing occurs, the Xxxxxxx Money shall be credited against the Purchase Price as provided in Section 11.5(a) and shall remain in escrow as the Indemnity Escrow Amount.
In the event that DPII is entitled to indemnification under this Section 8.2, or Article IX, as applicable, DPII's first recourse for indemnification shall be the Indemnity Escrow Amount pursuant to the terms of this Agreement and the Indemnity Escrow Agreement.
If the Indemnity Escrow Amount is insufficient to pay the full amount of Losses due to Indemnified Parties hereunder, then, subject to the limitations set forth in this Article VII, each Indemnifying Party shall, and the Securityholder Representative shall cause each Indemnifying Party to, within ten (10) days following the execution of such memorandum, pay in cash such Indemnifying Party’s Pro Rata Portion of the remaining amount to Parent.
The Indemnity Escrow Amount shall be maintained in the escrow account until the first year anniversary of the Closing Date (the "Escrow Period") for the purpose of satisfying claims by DPII for indemnification under this Section 8.2 and Article IX of this Agreement.
In no event shall the aggregate indemnification to be paid for Losses by the Company Shareholders under Section 9.2 or by the Purchaser or Merger Sub under Section 9.4 exceed the Indemnity Escrow Amount (the “Cap”).

More Definitions of Indemnity Escrow Amount

Indemnity Escrow Amount has the meaning set forth in Section 2.8(b).

Indemnity Escrow Amount shall have the meaning set forth in Section 1.02 hereof.

Indemnity Escrow Amount means $5,000,000.

Indemnity Escrow Amount means $7,000,000.

Indemnity Escrow Amount has the meaning set forth in Section 1.04(a).

Indemnity Escrow Amount means $1,500,000.

Indemnity Escrow Amount means $1,095,000.