Common use of PROCEDURE FOR CHARGE TO ESCROW Clause in Contracts

PROCEDURE FOR CHARGE TO ESCROW. (a) Any Claim under the indemnification provisions of the Merger Agreement to be satisfied under this Escrow Agreement shall be made by Acquiror by notice to the Escrow Agent and the Shareholders' Representative, stating in specific terms the circumstances giving rise to the Claim, specifying the amount of the Claim and making a request for any payment then believed due. A Claim shall be deemed to be finally resolved and appropriate for payment by the Escrow Agent when the conditions specified in clause (b) below have been met with respect thereto.

PROCEDURE FOR CHARGE TO ESCROW. (a) Any Claim under the indemnification provisions of the Merger Agreement Agreements to be satisfied under this Escrow Agreement shall be made by Acquiror Buyer by notice to the Escrow Agent and the Shareholders' RepresentativeSeller, stating in specific terms the circumstances giving rise to the Claim, specifying the amount of the Claim and making a request for any payment then believed due. A Claim shall be deemed to be finally resolved and appropriate for payment by the Escrow Agent when the conditions specified in clause (b) below have been met with respect thereto.

PROCEDURE FOR CHARGE TO ESCROW. (a) Any Claim under the indemnification provisions of the Merger Agreement to be satisfied under this Escrow Agreement shall be made by Acquiror by notice to the Escrow Agent and the Shareholders' Representative, stating in specific terms the circumstances giving rise to the Claim, the basis for indemnification, specifying the amount of the Claim and making a request for any payment then believed due. A Claim shall be deemed to be finally resolved and appropriate for payment by the Escrow Agent when the conditions specified in clause (b) below have been met with respect thereto.