Holdback Cash. On the Closing Date, the Holdback Cash shall be retained by Buyer as security for Post-Closing Adjustment pursuant to Section 1.1(c)(ii) and for the payment of any and all claims by Buyer against Sellers and Owner pursuant to Section 7.2.
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Samples: Asset Purchase Agreement, Asset Purchase Agreement (Nobilis Health Corp.), Asset Purchase Agreement (Nobilis Health Corp.)
Holdback Cash. On the Closing Date, Buyer shall hold back and set aside the Holdback Cash as additional security of the indemnification obligations of Seller pursuant to and in accordance with Article 12 hereof only. The Holdback Cash shall be retained by Buyer as security for Post-Closing Adjustment pursuant or distributed to Section 1.1(c)(ii) and for Seller in accordance with the payment provisions of any and all claims by Buyer against Sellers and Owner pursuant to Section 7.2Article 12 hereof.
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