Common use of Protection of Escrow Fund Clause in Contracts

Protection of Escrow Fund. The Escrow Agent shall hold and invest the Escrow Fund in accordance with the terms and conditions of the Escrow Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Chesapeake Utilities Corp), Merger Agreement (Quidel Corp /De/)

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Protection of Escrow Fund. The Escrow Agent shall hold and invest safeguard the Escrow Fund in accordance with during the terms Escrow Period and conditions shall treat Seller as the owner of the Escrow AgreementFund for all tax purposes.

Appears in 1 contract

Samples: Stock Purchase Agreement (CAI International, Inc.)

Protection of Escrow Fund. The Escrow Agent shall shall: (i) hold and invest safeguard the Escrow Fund during its existence; (ii) treat the Escrow Fund as a trust fund in accordance with the terms of this Agreement and conditions not as the property of the Purchaser; and (iii) hold and dispose of the Escrow AgreementFund only in accordance with the terms hereof.

Appears in 1 contract

Samples: Share Purchase Agreement (Network Associates Inc)

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Protection of Escrow Fund. 6.1 The Escrow Agent shall hold and invest safeguard the Escrow Fund during the term of this Agreement and shall hold and dispose of the Escrow Fund only in accordance with the terms and conditions of the Escrow Agreementhereof.

Appears in 1 contract

Samples: Escrow Agreement (Amarin Corp Plc\uk)

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