Escrow Assets definition

Escrow Assets means (i) the Escrow Amount, (ii) the Claims Proceeds, (iii) any investments purchased with Escrow Assets, (iv) any assets otherwise deposited in the Escrow Account and (v) all proceeds of each of the foregoing, including Earnings.

Escrow Assets means cash and/or direct obligations of the United States of America (U.S.A.) or the State of Michigan, or obligations for which the principal and interest are unconditionally guaranteed by the U.S.A. or the State of Michigan, or certificates of deposit of any financial institution to the extent insured by an agency of the United States Government.

Escrow Assets means the Escrow Assets set forth on Schedule A hereto and deposited with Escrow Agent pursuant to Section 3 of this Agreement.

Examples of Escrow Assets in a sentence

• Upon the final distribution of all of the Escrow Assets, this Agreement shall terminate and the Escrow Agent shall have no further obligations or liabilities hereunder.

• The Escrow Assets placed with the Escrow Agent by the Grantor shall consist of cash and/or direct obligations of the U.S.A. or the State of Michigan, or obligations for which the principal and interest are unconditionally guaranteed by the U.S.A. or the State of Michigan, or certificates of deposit of any financial institution to the extent insured by an agency of the United States Government.

• Such Escrow Assets or any other assets subsequently transferred to the Escrow Agent are collectively referred to as the Fund, together with all earnings and profits thereon, less any payments or distributions made by the Escrow Agent pursuant to this Escrow Agreement.

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• Such resignation or removal shall take effect upon delivery of the Escrow Assets to a successor escrow agent designated in writing by the Company, and the Escrow Agent shall thereupon be discharged from all obligations under this Agreement, and shall have no further duties or responsibilities in connection herewith.

More Definitions of Escrow Assets

Escrow Assets has the meaning set forth in Section 1.7 hereof.

Escrow Assets means the Indemnity Holdback Shares.

Escrow Assets means the 20,000 shares of Digital Angel Series A Preferred Stock to be delivered at Closing to the Escrow Trustee pursuant to the Escrow Agreement.

Escrow Assets or “Assets” means those assets deposited into the Escrow Account in accordance with Paragraphs 3 hereof and/or any substitutions or replacements therefor and/or any investments or reinvestments thereof in accordance with this Agreement.

Escrow Assets has the meaning set forth in Section 11.2(b) of this Agreement.

Escrow Assets means the Initial Escrow Assets and all other ------------- Qualified Assets conveyed, assigned and transferred to the Escrow by the Grantor or otherwise.

Escrow Assets means the Warrant Escrow Consideration, the Class A Escrow Consideration and the Stock Purchase Escrow Consideration and any undistributed interest or dividend earnings thereon.