Duration of Escrow. The Escrow Agent shall hold the Escrow Shares as provided in this Agreement until complete distribution thereof in accordance with the applicable provisions of Article III or Article IV hereof or a combination thereof.
Duration of Escrow. The Escrow Agent shall hold all Escrow Shares and Set-Off Shares and other property constituting a part thereof until the Escrow Shares or Set-Off Shares, or other property constituting a part thereof that corresponds to the Distribution(s), is delivered to the Exchange Agent for distribution to the Stockholders or to Parent, as the case may be, pursuant to the terms of this Escrow Agreement.
Duration of Escrow. Subject to (i) earlier release in connection with the payment of any Final Working Capital Adjustment in accordance with Section 1.9 above, and (ii) the provisions of Sections 1.10 d., e. and f. below, the Holdback Cash and Holdback Units comprising the Indemnity Holdback shall be retained until the second Business Day following the twelve (12) month anniversary of the Closing Date (the "Release Date").
Duration of Escrow. Subject to the provisions of Article IV hereof, the Escrow Agent shall hold the Escrowed Shares and the Funds as provided in this Escrow Agreement until the termination hereof in accordance with Article IV.
Duration of Escrow. If the Deposit Materials have not been previously released to Tribune under the terms of this Article, the escrow will be terminated and the Deposit Materials returned to AdStar upon the first to occur of the following: (i) termination or expiration of this Agreement; or (ii) mutual written agreement of the Parties.
Duration of Escrow. (a) Escrow Agent shall hold the Escrow Amount (including without limitation the interest accrued on such amount from the Closing Date) in escrow until the date (the "Settlement Time") that is the later of (i) ninety (90) days after the Closing Date, (ii) the date upon which all deficiencies payable to Buyer pursuant to Section 2.5 of the Asset Purchase Agreement (together with any amounts payable under Section 4(b)) have been fully paid and (iii) if any Disputed Claim (as defined in Section 9 below) arises during such ninety day period, the date of the final resolution of any and all such Disputed Claims under Section 10 hereof.
(b) Immediately after the Settlement Time, Escrow Agent shall disburse any amounts owed on Disputed Claims to Buyer (together with any amounts payable under Section 4(b)) and shall pay to itself any unpaid fees owed by Seller under Section 15. Escrow Agent shall then disburse the remaining Escrow Amount in the Escrow Account to Seller and the escrow shall terminate; provided, however, that if at any time prior to the Settlement Time the Escrow Amount shall equal zero, then the escrow shall terminate at such earlier time.
Duration of Escrow. If the Deposit materials have not been previously released to Cobra under the terms of Section 4.2, the escrow will be terminated and the Deposit Materials returned to Horizon upon the first to occur of the following: (i) termination of Horizon’s obligation to provide Support Services under this Agreement; or (ii) mutual written agreement of the parties.
Duration of Escrow. The Escrow Account shall remain open until the earlier of October 14, 1999 or the Escrow Account funds have been paid out according to Paragraph 2 above and all fees/costs have been paid.
Duration of Escrow. Subject to Sections 2.5(d), (e) and (f) below the Escrow Shares (and any Escrow Income) in the Escrow Account shall be retained until receipt by the Escrow Holder of the Sales Condition Notice (the “Release Date”).
Duration of Escrow. Subject to the provisions of Section 10, this Agreement shall terminate upon the occurrence of the earlier of: (a) the satisfaction of the Indebtedness; or (b) joint instructions from CTI and Sack consenting to the termination of this Agreement. Section 7 and Section 8 shall survive the termination of this Agreement.
