Common use of Trust Fund Clause in Contracts

Trust Fund. The Escrow Fund shall be held in trust and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative or any Selling Securityholder. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 5) or earlier distribution in accordance with this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Greenrose Acquisition Corp.), Agreement and Plan of Merger (Greenrose Acquisition Corp.), Escrow Agreement (Greenrose Holding Co Inc.)

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Trust Fund. The Escrow Fund shall be held in trust and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative Buyer or any Selling SecurityholderRepresentative. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 5) or earlier distribution in accordance with this Agreement.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement (RumbleON, Inc.), Escrow Agreement (Imation Corp)

Trust Fund. The Escrow Fund Account shall be held in as trust funds and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Escrow Agent, any Amorcyte Stockholder or Parent, Merger Subrespectively, Selling Securityholders’ Representative or of any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund Account until the Escrow Termination Date (as defined in Section 53.3) or earlier distribution in accordance with this Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (NeoStem, Inc.), Escrow Agreement (NeoStem, Inc.)

Trust Fund. The Escrow Fund Account shall be held in as trust funds and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Escrow Agent, any Member or Parent, Merger Subrespectively, Selling Securityholders’ Representative or of any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund Account until the Termination Date (as defined in Section 56) or earlier distribution in accordance with this Agreement.

Appears in 2 contracts

Samples: Voting Agreement (NeoStem, Inc.), Escrow Agreement (NeoStem, Inc.)

Trust Fund. The Escrow Fund Shares shall be held in held, by way of security, on bare trust and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative any Escrow Party or any Selling Securityholderof its respective affiliates. The Escrow Agent shall hold and safeguard the Escrow Fund Shares until the Termination Date (as defined in Section 5) or earlier distribution release in accordance with this Agreement.

Appears in 2 contracts

Samples: Indemnification Escrow Agreement (Magno Efeito, S.A.), Indemnification Escrow Agreement (Fusion Fuel Green PLC)

Trust Fund. The Escrow Fund shall be held in as trust funds and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of ParentSeller or Buyer, Merger Subrespectively, Selling Securityholders’ Representative or of any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 56) or earlier distribution in accordance with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Akerna Corp.)

Trust Fund. The Escrow Fund shall be held in as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parentany Person, Merger Sub, Selling Securityholders’ Representative or any Selling Securityholder. The Escrow Agent and shall hold be held and safeguard disbursed solely for the Escrow Fund until the Termination Date (as defined in Section 5) or earlier distribution purposes and in accordance with the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Millennial Media Inc.)

Trust Fund. The Escrow Fund shall be held in trust and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of ParentBuyer, Merger SubSeller, Selling Securityholders’ Representative or any Selling SecurityholderRepresentative. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 5) or earlier distribution in accordance with this Agreement.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Borqs Technologies, Inc.)

Trust Fund. The Adjustment Escrow Fund shall be held in trust and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative the Parent or any Selling SecurityholderStockholder Representative. The Escrow Agent shall hold and safeguard the Adjustment Escrow Fund until the Termination Date (as defined in Section 5) or earlier distribution in accordance with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Fintech Acquisition Corp. II)

Trust Fund. The Escrow Fund Funds shall be held in as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative or any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund Funds until the Termination Date (as defined in Escrow Funds are released pursuant to Section 5) 2.3 upon the delivery of an Escrow Certificate or earlier distribution in accordance with this AgreementArbitration Award.

Appears in 1 contract

Samples: Escrow Agreement (Greenman Technologies Inc)

Trust Fund. The Escrow Fund shall be held in as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative any Holder or of any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Indemnification Escrow Release Date (as defined in Section 5) or earlier distribution in accordance with this Agreementbelow).

Appears in 1 contract

Samples: Agreement and Plan of Merger (OMNICELL, Inc)

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Trust Fund. The Escrow Fund shall be held in as trust funds and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parentany Company Stockholder, Merger Sub, Selling Securityholders’ Representative or of any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 56) or earlier distribution in accordance with this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (180 Life Sciences Corp.)

Trust Fund. The Escrow Fund shall be held in as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative or any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 5) or earlier distribution it is released in accordance with this AgreementSection 6 below.

Appears in 1 contract

Samples: Escrow Agreement (Comarco Inc)

Trust Fund. The Escrow Fund shall be held in as trust funds and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parentany Company Stockholder or Purchaser, Merger Subrespectively, Selling Securityholders’ Representative or of any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 56) or earlier distribution in accordance with this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Chelsea Worldwide Inc.)

Trust Fund. The Escrow Fund shall be held in as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative the Subscriber or of any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 5) or earlier distribution in accordance with this AgreementDate.

Appears in 1 contract

Samples: Escrow Agreement (CorMedix Inc.)

Trust Fund. The Escrow Fund shall be held in as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, any Merger Sub, Selling Securityholders’ Representative Stockholder or of any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Date, subject to Section 5) or earlier distribution in accordance with 4.3 of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Cavium Networks, Inc.)

Trust Fund. The Escrow Fund Funds shall be held in as a trust fund and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative or any Selling Securityholderparty hereto. The Escrow Agent shall hold and safeguard the Escrow Fund Funds until the Termination Date (as defined in Section 5) or earlier distribution it is released in accordance with this AgreementSection 6 below.

Appears in 1 contract

Samples: Escrow Agreement (Comarco Inc)

Trust Fund. The Escrow Fund shall be held in trust and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of Parent, Merger Sub, Selling Securityholders’ Representative Parent or any Selling SecurityholderCompany Member. The Escrow Agent shall hold and safeguard the Escrow Fund until the Termination Date (as defined in Section 5) or earlier distribution in accordance with this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Greenrose Acquisition Corp.)

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