Common use of Protection of Escrow Fund; Distribution of Interest from Escrow Fund Clause in Contracts

Protection of Escrow Fund; Distribution of Interest from Escrow Fund. (i) The Escrow Agent shall hold and safeguard the Escrow Fund during the Escrow Period, shall not treat the Escrow Fund as the property of Parent and shall hold and dispose of the Escrow Fund only in accordance with the terms hereof.

Appears in 3 contracts

Samples: Agreement and Plan of Merger and Reorganization (Realnetworks Inc), Agreement and Plan of Merger and Reorganization (Realnetworks Inc), Voting Agreement (Realnetworks Inc)

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Protection of Escrow Fund; Distribution of Interest from Escrow Fund. (i) The Escrow Agent shall hold and safeguard the Escrow Fund during the Escrow Period, shall treat such fund as a trust fund in accordance with the terms of this Agreement and not treat the Escrow Fund as the property of Parent Purchaser and shall hold and dispose of the Escrow Fund only in accordance with the terms hereof.

Appears in 1 contract

Samples: Share Purchase Agreement (Simplex Solutions Inc)

Protection of Escrow Fund; Distribution of Interest from Escrow Fund. (i) The Escrow Agent shall hold and safeguard the Escrow Fund during the Escrow Period, shall treat such fund as a trust fund in accordance with the terms of this Agreement and not treat the Escrow Fund as the property of Parent and shall hold and dispose of the Escrow Fund only in accordance with the terms hereofhereof and of the Escrow Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Centillium Communications Inc)

Protection of Escrow Fund; Distribution of Interest from Escrow Fund. (i) The Escrow Agent shall hold and safeguard the Escrow Fund during the Escrow Period, shall treat such fund as a trust fund in accordance with the terms of this Agreement and not treat the Escrow Fund as the property of Parent Feiya and shall hold and dispose of the Escrow Fund only in accordance with the terms hereof.

Appears in 1 contract

Samples: Acquisition Agreement (Silicon Motion Technology CORP)

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Protection of Escrow Fund; Distribution of Interest from Escrow Fund. (i) The Escrow Agent shall hold and safeguard the Escrow Fund during the Escrow Period, shall treat such fund as a trust fund in accordance with the terms of this Agreement and not treat the Escrow Fund as the property of Parent and shall hold and dispose of the Escrow Fund only in accordance with the terms hereof.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Va Linux Systems Inc)

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