{"component": "clause", "props": {"groups": [{"size": 3, "samples": [{"hash": "lox2W5tvSFf", "uri": "/contracts/lox2W5tvSFf#indemnification-escrow-amount", "label": "Asset Purchase Agreement (Colony Financial, Inc.)", "score": 25.8843258042, "published": true}, {"hash": "84FWp0w4BJ6", "uri": "/contracts/84FWp0w4BJ6#indemnification-escrow-amount", "label": "Asset Purchase Agreement (Colony Financial, Inc.)", "score": 25.8843258042, "published": true}], "snippet": "(a) The Indemnification Escrow Amount shall be available to satisfy any Losses for which indemnification is provided by the Seller in accordance with and subject to the terms and conditions of Article XI.\n(b) Pursuant and subject to the terms of this Agreement and the Indemnification Escrow Agreement, the Buyer shall on the First Indemnification Escrow Release Date, instruct the Escrow Agent to pay to the Seller an amount equal to 50% of the Indemnification Escrow Amount, if any, less any portion thereof that has been used to satisfy any amounts payable by the Seller for any Loss pursuant to Article XI or that is subject to a pending claim pursuant to Article XI.\n(c) Pursuant and subject to the terms of this Agreement and the Indemnification Escrow Agreement, the Buyer shall on the Final Indemnification Escrow Release Date, instruct the Escrow Agent to pay to the Seller an amount equal to the remaining Indemnification Escrow Amount, if any, less any portion thereof that is subject to a pending claim pursuant to Article XI.", "snippet_links": [{"key": "the-indemnification", "type": "definition", "offset": [4, 23]}, {"key": "available-to", "type": "definition", "offset": [47, 59]}, {"key": "by-the-seller", "type": "clause", "offset": [117, 130]}, {"key": "in-accordance-with", "type": "definition", "offset": [131, 149]}, {"key": "terms-and-conditions-of", "type": "clause", "offset": [169, 192]}, {"key": "article-xi", "type": "definition", "offset": [193, 203]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [237, 260]}, {"key": "indemnification-escrow-agreement", "type": "clause", "offset": [269, 301]}, {"key": "the-buyer-shall", "type": "clause", "offset": [303, 318]}, {"key": "indemnification-escrow-release-date", "type": "definition", "offset": [332, 367]}, {"key": "the-escrow-agent", "type": "definition", "offset": [378, 394]}, {"key": "to-the-seller", "type": "definition", "offset": [402, 415]}, {"key": "equal-to", "type": "definition", "offset": [426, 434]}, {"key": "amounts-payable", "type": "definition", "offset": [544, 559]}, {"key": "any-loss", "type": "definition", "offset": [578, 586]}, {"key": "pursuant-to-article", "type": "clause", "offset": [587, 606]}, {"key": "pending-claim", "type": "definition", "offset": [634, 647]}, {"key": "the-final", "type": "clause", "offset": [789, 798]}], "hash": "24230895147108ef7e0f3bf5e07931bc", "id": 1}, {"size": 2, "samples": [{"hash": "bL7RLD1BxAp", "uri": "/contracts/bL7RLD1BxAp#indemnification-escrow-amount", "label": "Membership Interest Purchase Agreement (Titan Environmental Solutions Inc.)", "score": 35.0396988364, "published": true}, {"hash": "3DgLTrlcfhC", "uri": "/contracts/3DgLTrlcfhC#indemnification-escrow-amount", "label": "Equity Interest Purchase Agreement (Traqiq, Inc.)", "score": 34.4647501711, "published": true}], "snippet": "If any Buyer Indemnitee is entitled to indemnification in accordance with this Article 9, such indemnification shall be satisfied (a) first, from the Indemnification Escrow Amount, and (b), thereafter, from the Seller Parties. After the eighteenth (18th) month anniversary of the Closing Date, Buyer and Seller shall instruct the Escrow Agent to, pursuant to the Escrow Agreement, release any then remaining Indemnification Escrow Amount, less the aggregate amount of claims timely made by Buyer Indemnitees pursuant to Article 9 that remain pending on such date, to an account designated in writing by Seller.", "snippet_links": [{"key": "in-accordance-with", "type": "definition", "offset": [55, 73]}, {"key": "article-9", "type": "definition", "offset": [79, 88]}, {"key": "the-indemnification", "type": "definition", "offset": [146, 165]}, {"key": "the-seller-parties", "type": "clause", "offset": [207, 225]}, {"key": "the-closing-date", "type": "clause", "offset": [276, 292]}, {"key": "seller-shall", "type": "clause", "offset": [304, 316]}, {"key": "the-escrow-agent", "type": "definition", "offset": [326, 342]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [359, 379]}, {"key": "aggregate-amount-of-claims", "type": "clause", "offset": [448, 474]}, {"key": "buyer-indemnitees", "type": "clause", "offset": [490, 507]}, {"key": "pursuant-to-article", "type": "clause", "offset": [508, 527]}, {"key": "in-writing", "type": "clause", "offset": [589, 599]}, {"key": "by-seller", "type": "clause", "offset": [600, 609]}], "hash": "7481887a4ad6bc963aa7fd93ccd5d70b", "id": 2}, {"size": 2, "samples": [{"hash": "lBTHSSAHMuI", "uri": "/contracts/lBTHSSAHMuI#indemnification-escrow-amount", "label": "Share Purchase Agreement (Croe, Inc.)", "score": 28.4360027379, "published": true}, {"hash": "80epWjj8Bjd", "uri": "/contracts/80epWjj8Bjd#indemnification-escrow-amount", "label": "Share Purchase Agreement (Gilbert James Henry)", "score": 26.4633812457, "published": true}], "snippet": "The portion of the Purchase Price otherwise payable to D\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587, a Seller, at Closing shall be reduced by an amount equal to $23,240 (the \u201cIndemnification Escrow Amount\u201d), to be transferred by the Escrow Agent to a trust account held by Sellers\u2019 Representative for the benefit of M\u2587. \u2587\u2587\u2587\u2587\u2587\u2587 and will be used to satisfy the Sellers\u2019 liabilities, if any, arising under Section 8.2(b), and will be paid to M\u2587. \u2587\u2587\u2587\u2587\u2587\u2587, on the one hand, or the Purchaser, on the other hand, in accordance with the terms and conditions of this Agreement and the Escrow Agreement.", "snippet_links": [{"key": "the-purchase-price", "type": "clause", "offset": [15, 33]}, {"key": "payable-to", "type": "definition", "offset": [44, 54]}, {"key": "at-closing", "type": "clause", "offset": [81, 91]}, {"key": "equal-to", "type": "definition", "offset": [122, 130]}, {"key": "the-escrow-agent", "type": "definition", "offset": [199, 215]}, {"key": "trust-account", "type": "clause", "offset": [221, 234]}, {"key": "by-sellers", "type": "clause", "offset": [240, 250]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [267, 285]}, {"key": "the-sellers", "type": "clause", "offset": [325, 336]}, {"key": "the-purchaser", "type": "definition", "offset": [441, 454]}, {"key": "the-other-hand", "type": "clause", "offset": [459, 473]}, {"key": "in-accordance-with", "type": "definition", "offset": [475, 493]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [498, 536]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [541, 561]}], "hash": "306b3c76301516e3d25be7f53e217695", "id": 3}, {"size": 2, "samples": [{"hash": "eCnq7X9LN4M", "uri": "/contracts/eCnq7X9LN4M#indemnification-escrow-amount", "label": "Asset Purchase Agreement (Raptor Pharmaceutical Corp)", "score": 26.7577002053, "published": true}, {"hash": "eZuXwYNTFAv", "uri": "/contracts/eZuXwYNTFAv#indemnification-escrow-amount", "label": "Asset Purchase Agreement (Raptor Pharmaceutical Corp)", "score": 26.6837782341, "published": true}], "snippet": "\u201cIndemnification Escrow Amount\u201d has the meaning set forth in Section 1.3(b).", "snippet_links": [], "hash": "e555b718bd5ac0c7373418d8095ec164", "id": 4}, {"size": 2, "samples": [{"hash": "bA5Sz4GnfSR", "uri": "/contracts/bA5Sz4GnfSR#indemnification-escrow-amount", "label": "Stock Purchase Agreement (Ares Management Corp)", "score": 30.5167693361, "published": true}, {"hash": "5GjUQ2CnGeC", "uri": "/contracts/5GjUQ2CnGeC#indemnification-escrow-amount", "label": "Stock Purchase Agreement", "score": 26.1704312115, "published": true}], "snippet": "The portion of the Closing Purchase Price otherwise payable to Seller at Closing shall be reduced by an amount equal to sixteen million eight hundred seventy five thousand dollars ($16,875,000) (the \u201cIndemnification Escrow Amount\u201d), to be deposited by Buyer into an escrow account (the \u201cIndemnification Escrow Account\u201d), which will be established pursuant to the Escrow Agreement, as security for Seller\u2019s obligations pursuant to Section 2.04(d), Article X and Article XIII. The Indemnification Escrow Amount, together with income earned thereon as provided in the Escrow Agreement net of any applicable Taxes (the \u201cIndemnification Escrowed Funds\u201d) will be used to satisfy Seller\u2019s Liabilities, if any, arising under this Agreement, and will be paid to Seller, on the one hand, or Buyer, on the other hand, in accordance with the terms and conditions of this Agreement and the Escrow Agreement.", "snippet_links": [{"key": "the-closing-purchase-price", "type": "clause", "offset": [15, 41]}, {"key": "to-seller", "type": "definition", "offset": [60, 69]}, {"key": "at-closing", "type": "clause", "offset": [70, 80]}, {"key": "equal-to", "type": "definition", "offset": [111, 119]}, {"key": "five-thousand", "type": "clause", "offset": [158, 171]}, {"key": "to-be-deposited", "type": "definition", "offset": [233, 248]}, {"key": "by-buyer", "type": "clause", "offset": [249, 257]}, {"key": "indemnification-escrow-account", "type": "definition", "offset": [287, 317]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [359, 379]}, {"key": "for-seller", "type": "clause", "offset": [393, 403]}, {"key": "pursuant-to-section", "type": "definition", "offset": [418, 437]}, {"key": "article-xiii", "type": "clause", "offset": [461, 473]}, {"key": "the-indemnification", "type": "definition", "offset": [475, 494]}, {"key": "applicable-taxes", "type": "definition", "offset": [593, 609]}, {"key": "escrowed-funds", "type": "clause", "offset": [632, 646]}, {"key": "arising-under-this-agreement", "type": "definition", "offset": [703, 731]}, {"key": "the-other-hand", "type": "clause", "offset": [791, 805]}, {"key": "in-accordance-with", "type": "definition", "offset": [807, 825]}, {"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [830, 868]}], "hash": "2df98b0679a95760324a1afcd9da4a31", "id": 5}, {"size": 1, "samples": [{"hash": "4cmkbjWWoQx", "uri": "/contracts/4cmkbjWWoQx#indemnification-escrow-amount", "label": "Stock Purchase Agreement (Techteam Global Inc)", "score": 21.4216290212, "published": true}], "snippet": "Except for items excepted from the Initial Cap and Adjusted Cap pursuant to Section 9.02(e), the aggregate Liability of Seller under this Article IX for all Losses for which it would otherwise be liable under this Agreement shall not exceed the Indemnification Escrow Amount. Any amounts owing from Seller to any Buyer Indemnitees for all Losses shall be paid, to the extent possible, first from the Indemnification Escrow Account.", "snippet_links": [{"key": "initial-cap", "type": "definition", "offset": [35, 46]}, {"key": "adjusted-cap", "type": "definition", "offset": [51, 63]}, {"key": "pursuant-to-section", "type": "definition", "offset": [64, 83]}, {"key": "liability-of-seller", "type": "clause", "offset": [107, 126]}, {"key": "article-ix", "type": "clause", "offset": [138, 148]}, {"key": "this-agreement", "type": "clause", "offset": [209, 223]}, {"key": "the-indemnification", "type": "definition", "offset": [241, 260]}, {"key": "amounts-owing", "type": "clause", "offset": [280, 293]}, {"key": "from-seller", "type": "clause", "offset": [294, 305]}, {"key": "buyer-indemnitees", "type": "clause", "offset": [313, 330]}, {"key": "to-the-extent", "type": "clause", "offset": [361, 374]}, {"key": "indemnification-escrow-account", "type": "definition", "offset": [400, 430]}], "hash": "2333f421919e1b4472b457b429ac9a63", "id": 6}, {"size": 1, "samples": [{"hash": "8X2x7NIsRrj", "uri": "/contracts/8X2x7NIsRrj#indemnification-escrow-amount", "label": "Agreement and Plan of Merger (Horizon Lines, Inc.)", "score": 21.0, "published": true}], "snippet": "Notwithstanding the foregoing provisions of this ARTICLE I, on the Closing Date, an aggregate amount equal to $40,000,000 (the \u201cIndemnification Escrow Amount\u201d) less an amount equal to the sum of all the Applicable Percentages \u2013 Roll-Over/AFDS of all Equity Participants multiplied by the Indemnification Escrow Amount (such net amount, the \u201cNet Indemnification Escrow Amount\u201d) shall be paid to the Escrow Agent to be held in escrow in accordance with the terms of the Indemnification Escrow Agreement. The Net Indemnification Escrow Amount shall be held, invested and distributed in accordance with the terms of the Indemnification Escrow Agreement and in accordance with Article IX hereof. Any adjustments, payments or termination of Indemnification Notes shall be made in accordance with Article IX hereof.", "snippet_links": [{"key": "provisions-of-this-article", "type": "clause", "offset": [30, 56]}, {"key": "the-closing-date", "type": "clause", "offset": [63, 79]}, {"key": "aggregate-amount", "type": "definition", "offset": [84, 100]}, {"key": "equal-to", "type": "definition", "offset": [101, 109]}, {"key": "sum-of", "type": "clause", "offset": [188, 194]}, {"key": "applicable-percentages", "type": "clause", "offset": [203, 225]}, {"key": "equity-participants", "type": "definition", "offset": [250, 269]}, {"key": "the-indemnification", "type": "definition", "offset": [284, 303]}, {"key": "net-amount", "type": "definition", "offset": [324, 334]}, {"key": "the-escrow-agent", "type": "definition", "offset": [394, 410]}, {"key": "held-in-escrow", "type": "clause", "offset": [417, 431]}, {"key": "in-accordance-with", "type": "definition", "offset": [432, 450]}, {"key": "terms-of-the", "type": "clause", "offset": [455, 467]}, {"key": "indemnification-escrow-agreement", "type": "clause", "offset": [468, 500]}, {"key": "the-net", "type": "clause", "offset": [502, 509]}, {"key": "article-ix", "type": "clause", "offset": [672, 682]}, {"key": "termination-of-indemnification", "type": "clause", "offset": [720, 750]}], "hash": "124fedb11b15677330b090428ce6ad3c", "id": 7}, {"size": 1, "samples": [{"hash": "8wReR4Moyee", "uri": "/contracts/8wReR4Moyee#indemnification-escrow-amount", "label": "Merger Agreement (Envestnet, Inc.)", "score": 23.1848049281, "published": true}], "snippet": "In the event any Parent Indemnified Person is entitled to receive any amount from Shareholders under this Agreement, including any indemnification payment under this Agreement, the such Parent Indemnified Person\u2019s sole and exclusive remedy shall be to seek recovery from the Indemnification Escrow Amount for such amounts.", "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "parent-indemnified-person", "type": "definition", "offset": [17, 42]}, {"key": "to-receive", "type": "definition", "offset": [55, 65]}, {"key": "this-agreement", "type": "clause", "offset": [101, 115]}, {"key": "indemnification-payment", "type": "clause", "offset": [131, 154]}, {"key": "sole-and-exclusive-remedy", "type": "clause", "offset": [214, 239]}, {"key": "the-indemnification", "type": "definition", "offset": [271, 290]}], "hash": "96d3a636fd04cda39f8623406beb6331", "id": 8}, {"size": 1, "samples": [{"hash": "bTaHtiHqxhc", "uri": "/contracts/bTaHtiHqxhc#indemnification-escrow-amount", "label": "Membership Interest Purchase Agreement (Aveanna Healthcare Holdings, Inc.)", "score": 32.7481177276, "published": true}], "snippet": "The Escrow Agreement shall provide that, among other things, promptly following the twelve (12)-month anniversary of the Closing Date (and in any event within two (2) Business Days thereafter), the Escrow Agent shall distribute an amount equal to the positive difference, if any, of $8,625,000.00, minus the sum of (y) all amounts distributed to Buyer in accordance with Section 1.3(b)(ii)(A) of the Escrow Agreement and (z) the amount of any Outstanding Indemnity Claim, in accordance with the Escrow Agreement, to the Sellers\u2019 Representative (for payment to the Sellers based on each Seller\u2019s Designated Share) and (ii) promptly following the three (3)-year anniversary of the Closing Date (and in any event within two (2) Business Days thereafter), any balance remaining in the Indemnification Escrow Fund to the extent not subject to an Outstanding Indemnity Claim shall be disbursed by the Escrow Agent, in accordance with the Escrow Agreement, to the Sellers\u2019 Representative (for payment to the Sellers based on each Seller\u2019s Designated Share). Any portion of the Indemnification Escrow Fund subject to an Outstanding Indemnity Claim shall not be so distributed to Sellers\u2019 Representative, except in accordance with the Escrow Agreement. Notwithstanding the foregoing, if on the three (3)-year anniversary of the Closing Date, there exists any Alabama Investigation Development, the entire remaining amount of the Indemnification Escrow Fund shall continue to be held by the Escrow Agent and shall not be disbursed to the Sellers until there has occurred an Alabama Investigation Resolution.", "snippet_links": [{"key": "the-escrow-agreement", "type": "clause", "offset": [0, 20]}, {"key": "following-the", "type": "definition", "offset": [70, 83]}, {"key": "the-closing-date", "type": "clause", "offset": [117, 133]}, {"key": "business-days-thereafter", "type": "clause", "offset": [167, 191]}, {"key": "escrow-agent-shall", "type": "clause", "offset": [198, 216]}, {"key": "equal-to", "type": "definition", "offset": [238, 246]}, {"key": "sum-of", "type": "clause", "offset": [308, 314]}, {"key": "amounts-distributed", "type": "clause", "offset": [323, 342]}, {"key": "to-buyer", "type": "definition", "offset": [343, 351]}, {"key": "in-accordance-with", "type": "definition", "offset": [352, 370]}, {"key": "indemnity-claim", "type": "definition", "offset": [455, 470]}, {"key": "payment-to-the-sellers", "type": "clause", "offset": [549, 571]}, {"key": "based-on", "type": "clause", "offset": [572, 580]}, {"key": "each-seller", "type": "clause", "offset": [581, 592]}, {"key": "designated-share", "type": "definition", "offset": [595, 611]}, {"key": "indemnification-escrow-fund", "type": "clause", "offset": [781, 808]}, {"key": "to-the-extent", "type": "clause", "offset": [809, 822]}, {"key": "subject-to", "type": "definition", "offset": [827, 837]}, {"key": "to-sellers", "type": "definition", "offset": [1168, 1178]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1244, 1273]}, {"key": "remaining-amount", "type": "definition", "offset": [1396, 1412]}], "hash": "6c1764af068e36c352502f614c24e620", "id": 9}, {"size": 1, "samples": [{"hash": "ktLyy5BcIiq", "uri": "/contracts/ktLyy5BcIiq#indemnification-escrow-amount", "label": "Stock Purchase Agreement (Novation Companies, Inc.)", "score": 28.0910335387, "published": true}], "snippet": "The portion of the Purchase Price otherwise payable to Seller at Closing shall be reduced by an amount equal to Two Hundred Forty Thousand Dollars ($240,000) (the \u201cIndemnification Escrow Amount\u201d), to be held in escrow by \u2587\u2587\u2587\u2587\u2587 Fargo Bank, National Association, as escrow agent (the \u201cEscrow Agent\u201d), in an interest bearing account or bank money market account pursuant to the terms and conditions of the Escrow Agreement, in order to satisfy any claims by Buyer for indemnification pursuant to Article 8 hereof and as security for amounts owed to Buyer, if applicable, pursuant to Section 1.3. Within fifteen (15) Business Days following the date that is six (6) months from the Closing Date, Buyer and Seller shall jointly instruct the Escrow Agent in writing to distribute to Seller an aggregate amount in cash (if such amount is greater than zero) equal to (x) the Indemnification Escrow Amount plus interest and earnings thereon, less (y) the amount of any resolved or pending claims against the Indemnification Escrow Amount pursuant to the terms set forth herein and the Escrow Agreement. The amount of any pending claims against the Indemnification Escrow Amount shall be distributed to Buyer or Seller upon resolution of each such claim.", "snippet_links": [{"key": "the-purchase-price", "type": "clause", "offset": [15, 33]}, {"key": "to-seller", "type": "definition", "offset": [52, 61]}, {"key": "at-closing", "type": "clause", "offset": [62, 72]}, {"key": "equal-to", "type": "definition", "offset": [103, 111]}, {"key": "held-in-escrow", "type": "clause", "offset": [203, 217]}, {"key": "national-association", "type": "definition", "offset": [239, 259]}, {"key": "interest-bearing-account", "type": "clause", "offset": [305, 329]}, {"key": "money-market-account", "type": "definition", "offset": [338, 358]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [399, 419]}, {"key": "in-order-to", "type": "clause", "offset": [421, 432]}, {"key": "claims-by-buyer", "type": "clause", "offset": [445, 460]}, {"key": "article-8", "type": "definition", "offset": [493, 502]}, {"key": "amounts-owed", "type": "definition", "offset": [530, 542]}, {"key": "to-buyer", "type": "definition", "offset": [543, 551]}, {"key": "if-applicable", "type": "clause", "offset": [553, 566]}, {"key": "section-13", "type": "clause", "offset": [580, 591]}, {"key": "business-days", "type": "clause", "offset": [613, 626]}, {"key": "following-the", "type": "definition", "offset": [627, 640]}, {"key": "the-closing-date", "type": "clause", "offset": [674, 690]}, {"key": "seller-shall", "type": "clause", "offset": [702, 714]}, {"key": "the-escrow-agent", "type": "definition", "offset": [732, 748]}, {"key": "in-writing", "type": "clause", "offset": [749, 759]}, {"key": "distribute-to", "type": "clause", "offset": [763, 776]}, {"key": "aggregate-amount", "type": "definition", "offset": [787, 803]}, {"key": "in-cash", "type": "definition", "offset": [804, 811]}, {"key": "the-indemnification", "type": "definition", "offset": [863, 882]}, {"key": "interest-and-earnings", "type": "clause", "offset": [902, 923]}, {"key": "pending-claims", "type": "definition", "offset": [972, 986]}], "hash": "df6994d800845a828402c355268d58d4", "id": 10}], "next_curs": "CmYSYGoVc35sYXdpbnNpZGVyY29udHJhY3RzckILEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiZpbmRlbW5pZmljYXRpb24tZXNjcm93LWFtb3VudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 32, "parents": [["purchase-price", "Purchase Price"], ["remedies-for-breaches-of-this-agreement", "Remedies for Breaches of This Agreement"], ["purchase-and-sale", "Purchase and Sale"], ["indemnification", "Indemnification"], ["survival-indemnification", "Survival Indemnification"]], "title": "Indemnification Escrow Amount", "children": [], "id": "indemnification-escrow-amount", "related": [["indemnification-escrow", "Indemnification Escrow", "Indemnification Escrow"], ["indemnity-escrow", "Indemnity Escrow", "Indemnity Escrow"], ["escrow-amount", "Escrow Amount", "Escrow Amount"], ["escrow-fund", "Escrow Fund", "Escrow Fund"], ["additional-escrow-amounts", "Additional Escrow Amounts", "Additional Escrow Amounts"]], "related_snippets": [], "updated": "2025-07-07T12:37:39+00:00"}, "json": true, "cursor": ""}}