Indemnity Escrow Account definition

Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

Indemnity Escrow Account means an account established by the Escrow Agent pursuant to the Escrow Agreement.

Indemnity Escrow Account has the meaning set forth in Section 1.2(d).

Examples of Indemnity Escrow Account in a sentence

• Stockholder shall have the right to control the conduct of any such Tax Claim (other than a Tax Claim with respect to Spin-Off Taxes) for the period of time during which any Indemnity Escrow Amount remains in the Indemnity Escrow Account.

• The Adjustment Escrow Account will partially secure Parent’s right to receive payments in connection with any adjustment pursuant to Section 2.05, and the Indemnity Escrow Account will partially secure Parent’s right to receive payments in connection with any indemnification under Article X or Section 7.08.

• At or prior to Closing, the Company may elect in its sole discretion to have a pro rata portion of the proceeds otherwise payable to the holders of Cash Converted Options hereunder withheld from the payments to such holders and contributed into the Adjustment Escrow Account and the Indemnity Escrow Account based on the holders’ pro rata portion of the proceeds hereunder.

• But we still need to do more to make sure that they sustain their improvement and to identify and support schools in danger of slipping into special measures.

• On the Closing Date, Purchaser shall deliver to the Indemnity Escrow Agent payment, by wire transfer to the Indemnity Escrow Account, immediately available funds in an amount equal to the Indemnity Escrow Amount.

More Definitions of Indemnity Escrow Account

Indemnity Escrow Account means the Indemnity Escrow Account established pursuant to the terms of the Indemnity Escrow Agreement.

Indemnity Escrow Account means the escrow account into which the Indemnity Escrow Amount shall be deposited and held by the Escrow Agent for purposes of securing the Stockholders' obligations under ARTICLE VIII, until disbursed in accordance with the Escrow Agreement.

Indemnity Escrow Account means the account that is established with the Escrow Agent and governed by the Escrow Agreement into which the Indemnity Escrow Amount is to be paid by the Buyer at the Closing.

Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

Indemnity Escrow Account has the meaning set forth in the Indemnity Escrow Agreement.

Indemnity Escrow Account shall have the meaning set forth in Section 1.8(c)(ii).

Indemnity Escrow Account has the meaning set forth Section 8.15(b).