Common use of ESCROW CLAIM Clause in Contracts

ESCROW CLAIM. If any claim for indemnification is made by an ------------ Indemnified Party pursuant to this Article VIII prior to the expiration of the Escrow Period, such Indemnified Party shall apply to the Escrow Agent provided in Section 2.5 of this Agreement for reimbursement of such claim in accordance ----------- with the provisions of the Escrow Agreement.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Global Imaging Systems Inc), Stock Purchase Agreement (Global Imaging Systems Inc), Stock Purchase Agreement (Global Imaging Systems Inc)

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ESCROW CLAIM. If any claim for indemnification is made by an ------------ Indemnified Party pursuant to this Article VIII prior to the expiration of the ------------ Escrow Period, such Indemnified Party shall may apply to the Escrow Agent provided in Section 2.5 of this Agreement for reimbursement of such claim in accordance with ----------- with the provisions of the Escrow Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Global Imaging Systems Inc), Stock Purchase Agreement (Global Imaging Systems Inc)

ESCROW CLAIM. If any claim for indemnification is made by an ------------ Indemnified Party pursuant to this Article VIII prior to the expiration of the Escrow Period, such Indemnified Party shall apply to the Escrow Agent provided in Section 2.5 of this Agreement for reimbursement of such claim in accordance ----------- with the provisions of the Escrow Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Global Imaging Systems Inc), Stock Purchase Agreement (Global Imaging Systems Inc)

ESCROW CLAIM. If any claim for indemnification is made by an ------------ Indemnified Party pursuant to this Article VIII prior to the expiration of the Escrow Period, such Indemnified Party shall may first apply to the Escrow Agent provided in Section 2.5 2.7 of this Agreement for reimbursement of such claim in accordance ----------- with the provisions of the Escrow AgreementAgreement provided, however, the Escrow Sum is not intended to be an exclusive remedy in the event Investors have indemnification claims hereunder which exceed such amount.

Appears in 2 contracts

Samples: Recapitalization Agreement (Global Vacation Group Inc), Recapitalization Agreement (Thayer Equity Investors Iii Lp)

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ESCROW CLAIM. If any claim for indemnification is made by an ------------ Indemnified Party pursuant to this Article VIII prior to the expiration of the Escrow Period, such Indemnified Party shall first apply to the Escrow Agent provided in Section 2.5 of this Agreement for reimbursement of such claim in accordance ----------- with the provisions of the Escrow Agreement; provided, however, the Escrow Sum is not intended to be an exclusive remedy in the event Buyer has indemnification claims hereunder which exceed such amount.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Vacation Group Inc)

ESCROW CLAIM. If any claim for indemnification is made by an ------------ Indemnified Party pursuant to this Article VIII prior to the expiration of the Escrow Period, such Buyer Indemnified Party shall apply to the Escrow Agent provided in Section 2.5 2.8 of this Agreement for reimbursement of such claim in accordance ----------- with the provisions of the Escrow Agreement; provided, however, the Escrow Sum is not intended to be an exclusive remedy in the event Buyer has indemnification claims hereunder which exceed such amount.

Appears in 1 contract

Samples: Asset Purchase Agreement (Global Vacation Group Inc)

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