Escrow Earnings Clause Samples
Escrow Earnings. Any interest, earnings and income that accrues upon the Escrow Cash during the period of time during which the Escrow Cash is held in the Escrow Fund (the “Escrow Earnings”) shall not be deemed to be part of the Escrow Cash, shall be held in the Escrow Fund for the benefit of Seller and shall be distributed to Seller within five (5) Business Days following the expiration of the Claims Period (as defined below). For tax reporting purposes, any Escrow Earnings shall be allocated as set forth in Section 7 hereof.
Escrow Earnings. On the Release Date, the Escrow Agent shall distribute to Parent all of the remaining Escrow Earnings. Payment pursuant to this Section 8 shall be made as soon as practicable but in no event later than 5 calendar days following the Release Date.
Escrow Earnings. Earnings on the Escrow Amount (including any interest accrued thereon and any other profit realized therefrom) shall be credited to the Escrow Account (the actual amount from time to time of such earnings (and interest or other profit) is referred to herein as the “Escrow Earnings”). The Escrow Earnings shall include the earnings earned with respect to (a) the Escrow Amount and (b) the Escrow Earnings previously earned with respect to such Escrow Amount, and shall become a part of, and shall be included in, the Escrow Amount.
Escrow Earnings