Deposit in Escrow. At Closing, Buyer shall deliver cash from the Initial Purchase Price in the amount of Six Million United States Dollars ($6,000,000) (the “Escrow Amount”) to the Escrow Agent pursuant to the Escrow Agreement, to be held and disbursed upon and subject to all of the terms and conditions set forth therein.
Appears in 4 contracts
Samples: Asset Purchase Agreement (PDL Biopharma, Inc.), Asset Purchase Agreement (Biotech Spinco, Inc.), Asset Purchase Agreement (Facet Biotech Corp)
