After the Escrow Sample Clauses
The "After the Escrow" clause defines the rights and obligations of the parties once the escrow period has ended and the escrowed funds or assets have been released. Typically, this clause outlines what happens to the funds, any remaining responsibilities of the escrow agent, and the process for resolving any post-escrow disputes or claims. For example, it may specify how to handle claims for breaches discovered after the escrow release or set deadlines for raising such claims. Its core practical function is to ensure a clear transition of responsibilities and to address any lingering issues after the escrow arrangement concludes, thereby reducing uncertainty and potential conflicts between the parties.
After the Escrow. Break Anniversary, the Advisor, in its sole discretion, may pay some or all of the Organization and Offering Expenses but is not required to do so. To the extent the Advisor pays such additional Organization and Offering Expenses, the Company will be obligated to reimburse the Advisor subject to the 1% Cap.
After the Escrow is fully depleted, then Seller and the Shareholders shall jointly and severally be obligated to remit to Buyer, promptly upon receipt of evidence thereof, an amount equal to the Buyer Net Cost of each dollar spent.