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. Share Purchase Agreement
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 7.1 hereof. Deliveries of Escrow Amounts to the shareholders of the Company pursuant to this Section 7.2(c) shall be made in proportion to their respective original contributions to the Escrow Fund.
Distribution Upon Termination of Escrow Period. Immediately following ---------------------------------------------- termination of the Escrow Period, the Escrow Agent shall deliver to Hardware all of the WMT Common and cash in the Escrow Fund in excess of any amount of such WMT Common and cash 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. Within five (5) ---------------------------------------------- business days following the Termination Date, the Escrow Agent shall deliver to the Seller all of the Shares 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 delivered to the Escrow Agent 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 6.7 hereof and deliver to the Seller all Shares remaining in the Escrow Fund which are 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 Seller all Shares remaining in the Escrow Fund.
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. 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 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. Within five (5) business days 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 and any unsatisfied or disputed claims by the Stockholder's Agent under Section 8.9. As soon as all such 51 58 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. Within five (5) ---------------------------------------------- business days following the Termination Date, the Escrow Agent shall deliver to the Selling Shareholders 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 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 Selling Shareholders all Escrow Shares remaining in the Escrow Fund and not required to satisfy such claims. Deliveries of the Escrow Shares to the Selling Shareholders pursuant to this section shall be made in proportion to the allocation set forth in Section 9.3.
Distribution Upon Termination of Escrow Period. Immediately ---------------------------------------------- following termination of the Escrow Period, the Escrow Agent shall deliver to the Selling Shareholders all of the STG Common Stock in the Escrow Fund in excess of any amount of such STG Common Stock sufficient, in the reasonable judgment of STG, to satisfy any claims specified in any Officer's Certificate theretofore properly delivered to the Escrow Agent.
