Establishment of the Escrow Fund. (a) Pursuant to Section 2.4 of the Purchase Agreement, the Purchaser shall deliver to the Escrow Agent on the date hereof the Escrow Amount and the Seller shall deliver to the Escrow Agent on the date hereof the Certificate, together with the instruction notice in the form attached hereto as Exhibit A. The Escrow Agent shall hold the Escrow Amount and all interest and other amounts earned thereon (the "Escrow Fund") and the Certificate in escrow pursuant to this Agreement.
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Samples: Escrow Agreement (Powertel Inc /De/), Escrow Agreement (Intercel Inc/De), Escrow Agreement (Powertel Inc /De/)
Establishment of the Escrow Fund. (a) Pursuant to Section 2.4 3.1(b) of the Purchase Agreement, the Purchaser Buyer Parties shall deliver to the Escrow Agent on the date hereof the Escrow Amount and the Seller shall deliver to the Escrow Agent on the date hereof the Certificate, together with the instruction notice in the form attached hereto as Exhibit A. Amount. The Escrow Agent shall hold the Escrow Amount and all interest and other amounts earned thereon (the "Escrow Fund") and the Certificate in escrow in the Escrow Account pursuant to this Agreement.
Appears in 1 contract
Samples: Stock and Asset Purchase Agreement (Insilco Technologies Inc)
Establishment of the Escrow Fund. (a) Pursuant to Section 2.4 2.04 of the Purchase Agreement, the Purchaser shall deliver to the Escrow Agent on the date hereof the Escrow Amount and the Seller shall deliver to the Escrow Agent on the date hereof the Certificate, together with the instruction notice in the form attached hereto as Exhibit A. Amount. The Escrow Agent shall hold the Escrow Amount and all interest and other amounts earned thereon (the "Escrow Fund") and the Certificate in escrow pursuant to this Agreement.
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