Distribution Upon Termination of Escrow Period. Within five (5) business days following the Termination Date, the Escrow Agent shall deliver to the Principal Stockholder all of the shares in the Escrow Fund in excess of any amount of such shares reasonably necessary to satisfy any unsatisfied or disputed claims for Damages specified in any Officer's Certificate delivered to the Escrow Agent on or before the Termination Date and any unsatisfied or disputed claims by the Principal Stockholder. As soon as all such claims have been resolved, the Escrow Agent shall deliver to the Principal Stockholder all shares remaining in the Escrow Fund and not required to satisfy such claims.
Distribution Upon Termination of Escrow Period. Immediately following ---------------------------------------------- termination of the Escrow Period, the Escrow Agent shall deliver to the IPI Shareholders all of the WMT Common in the Escrow Fund in excess of any amount of such WMT Common sufficient, in the reasonable judgment of WMT, to satisfy any agreed upon claims specified in any Officer's Certificate theretofore properly delivered to the Escrow Agent.
Distribution Upon Termination of Escrow Period. Promptly following the Termination Date, the Escrow Agent shall deliver to the Former Target Stockholders all of the shares in the Escrow Fund in excess of any amount of such shares reasonably necessary to satisfy any unsatisfied or disputed claims for Damages specified in any Officer's Certificate delivered to the Escrow Agent on or before the Termination Date pursuant to Section 8.6 and any unsatisfied or disputed claims by the Stockholders' Agent under Section 8.9. As soon as all such claims have been resolved, the Escrow Agent shall deliver to the Former Target Stockholders all shares remaining in the Escrow Fund and not required to satisfy such claims. Deliveries of shares to the Former Target Stockholders pursuant to this section shall be made in proportion to the allocation set forth in Section 8.3.
Distribution Upon Termination of Escrow Period. Subject to the provisions of Article VIII and in accordance with the terms of the Escrow Agreement, Purchaser shall cause the Agent to deliver, within seven (7) days following the Indemnification Expiration Date, to each Seller such Seller’s Escrow Percentage of the amount then remaining in the Total Escrow Consideration without interest.
Distribution Upon Termination of Escrow Period. Within five (5) business days following the Termination Date, the Escrow Agent shall deliver to the Former Company Stockholders all of the Escrow Shares in the Escrow Fund in excess of any amount of such Escrow Shares reasonably necessary to satisfy any unsatisfied or disputed claims for Parent Damages specified in any Officer's Certificate delivered to the Escrow Agent on or before the Termination Date and any unsatisfied or disputed claims by the Stockholders' Agent under Section 8.9. As soon as all such claims have been resolved, the Escrow Agent shall deliver to the Former Company Stockholders all Escrow Shares remaining in the Escrow Fund and not required to satisfy such claims. Deliveries of Escrow Shares to the Former Company Stockholders pursuant to this section shall be made in proportion to the allocation set forth in Section 8.3.
Distribution Upon Termination of Escrow Period. Upon termination of the Escrow Period, the Escrow Agent shall deliver to the shareholders of the Company that portion of the Escrow Fund that is not required to satisfy any claims made by Parent pursuant to Section 7.2(d) hereof. Deliveries of Escrow Amounts to the shareholders of the Company pursuant to this Section 7.2(b) shall be made in proportion to their respective original contributions to the Escrow Fund.
Distribution Upon Termination of Escrow Period. As soon as reasonably practicably following the Release Date, Shockwave will deliver to the Atom Shareholders all of the Escrow Shares in excess of any amount of Escrow Shares necessary to satisfy any unsatisfied or disputed claims for Damages specified in any Notice of Claim delivered to the Representatives before the Release Date. As soon as all such claims have been resolved, Shockwave will deliver to the Atom Shareholders all remaining Escrow Shares not required to satisfy such claims.
Distribution Upon Termination of Escrow Period. Promptly following the first business day after the thirtieth (30th) day after the Survival Date, the Escrow Agent shall deliver to the Company an amount of $US9,500,000 out of the Escrow Funds (less any Escrow Funds previously distributed), except that the Escrow Agent shall retain any Withheld Funds existing at such time in the Escrow Fund until the claim(s) to which they relate are resolved. Promptly after the expiration of the Escrow Period, the Escrow Agent shall deliver to the Company any funds remaining in the Escrow Fund, together with any interest earned thereon, except that the Escrow Agent shall retain the Withheld Funds in the Escrow Fund until the claim(s) to which they relate are resolved. Subsequently, the Buyer shall notify the Company and the Escrow Agent promptly after the resolution of any impending claim specifying the amount of Losses in connection therewith for which no indemnification has been received pursuant to this ARTICLE 8 in satisfaction thereof. Upon receipt of such notice, the Escrow Agent will (i) distribute the respective Withheld Funds to the Buyer from the Escrow Fund equal to the amount of such Losses in accordance with the provisions of Section 8.2(g) hereof to the extent then available in the Escrow Fund; provided that the claim to which such Losses relate is not being contested pursuant to Section 8.2(h) hereof and (ii) promptly thereafter distribute to the Company the remaining respective Withheld Funds, together with any interest earned thereon, after giving effect to the distribution to Buyer in accordance with clause (i) immediately above.
Distribution Upon Termination of Escrow Period. Within five (5) ---------------------------------------------- business days following the Termination Date, the Escrow Agent shall deliver to the Escrow Stockholders all of the shares in the Escrow Fund in excess of any amount of such shares reasonably necessary to satisfy any unsatisfied or disputed claims for Damages specified in any Officer's Certificate delivered to the Escrow Agent on or before the Termination Date. As soon as all such claims have been resolved, the Escrow Agent shall deliver to the Escrow Stockholders all shares remaining in the Escrow Fund and not required to satisfy such claims. Deliveries of shares to the Escrow Stockholders pursuant to this section shall be made in proportion to the allocation set forth in Section 8.3.
Distribution Upon Termination of Escrow Period. Within five (5) ---------------------------------------------- business days following the Termination Date, the Escrow Agent shall deliver to the Sellers all of the cash in the Escrow Fund in excess of any amount of cash reasonably necessary to satisfy any unsatisfied or contested claims for Damages specified in an Officer's Certificate on or before the Termination Date with respect to facts and circumstances existing prior to the Closing Date. As soon thereafter as any such individual unsatisfied or contested claim has been resolved, the Escrow Agent shall make payment in accordance with Section 7.7 hereof and deliver to the Seller all cash remaining in the Escrow Fund which is not required to satisfy other unsatisfied or contested claims. As soon as all such unsatisfied or contested claims have been resolved, the Escrow Agent shall deliver to the Sellers all cash remaining in the Escrow Fund.
