Funding of the Escrow Account. (a) In consideration of all the promises and agreements set forth in the Settlement Agreement, GE, GEAM, and/or their respective insurers will contribute, or cause to be contributed, Fifteen Million, Two Hundred Fifty Thousand U.S. Dollars ($15,250,000.00), of the Settlement Amount to the Escrow Account no later than thirty (30) calendar days after the later of:
(i) entry of the Preliminary Approval Order, or (ii) establishment of the Escrow Account, and the Escrow Agent shall have furnished to Defendants in writing the Escrow Account name, IRS W-9 form, and all necessary instructions for payment by wire or by check.
(b) No later than thirty (30) calendar days prior to the Fairness Hearing, or one hundred (100) calendar days after entry of the Preliminary Approval Order, whichever is earlier, GE, GEAM, and/or their respective insurers will contribute, or cause to be contributed, the remaining portion of the Settlement Amount (Forty-Five Million, Seven Hundred Fifty Thousand U.S. Dollars ($45,750,000.00)) into the Escrow Account.
(c) No other Defendant shall have any obligation to contribute financially to the Escrow Account.
Funding of the Escrow Account. (a) On or before [ ], the City shall make deposit into the Escrow Account in the amount of $X00,000.00, and the Bank as Escrow Agent shall acknowledge to the City receipt of such funds upon deposit.
(b) City may, at its option, make subsequent deposits to the Escrow Account.
Funding of the Escrow Account. (a) In consideration of all the promises and agreements set forth in the Settlement Agreement, United and/or its insurers will contribute, or cause to be contributed, the full balance of the Settlement Amount ($69,000,000.00), to the Escrow Account no later than thirty (30) calendar days after the later of: (i) entry of the Preliminary Approval Order, or (ii) establishment of the Escrow Account, and the Escrow Agent shall have furnished to Defendants in writing the Escrow Account name, IRS W-9 form, and all necessary instructions for payment by wire or by check.
(b) No other Defendant shall have any obligation to contribute financially to the Escrow Account.
Funding of the Escrow Account. 3.1 This Escrow Account is to be credited with the Escrow Amount upon Closing of the transaction contemplated by the Purchase Agreement.
3.2 The Escrow Agent shall have no obligation with respect to the funding of the Escrow Account.
Funding of the Escrow Account. In consideration of all the promises and agreements set forth in the Settlement Agreement, the Company will contribute, or cause to be contributed, the Settlement Amount to the Escrow Account no later than fourteen (14) calendar days after the later of: (i) the Preliminary Order is entered, or