Common use of Receipt of Escrow Property Clause in Contracts

Receipt of Escrow Property. Upon the execution hereof, Parent shall deliver or cause to be delivered to the Escrow Agent the aggregate amount of $9,750,000 (together with any other funds from time to time held in escrow hereunder, whether in cash or in the form of any investment or reinvestment or otherwise, including any income and other accessions thereto, the “Escrow Property”) in immediately available funds.

Appears in 1 contract

Samples: Option Cancellation Agreement (Constant Contact, Inc.)

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Receipt of Escrow Property. Upon the execution hereof, the Parent shall deliver or cause to be delivered to the Escrow Agent the aggregate amount of $9,750,000 1,000,000 (together with any other funds from time to time held in escrow hereunder, whether in cash or in the form of any investment or reinvestment or otherwise, including any income and other accessions thereto, the “Escrow Property”) in immediately available funds.

Appears in 1 contract

Samples: Escrow Agreement (Lawson Software, Inc.)

Receipt of Escrow Property. Upon the Following execution hereof, hereof Purchaser Parent shall deliver or cause to be delivered to the Escrow Agent the aggregate amount of $9,750,000 6,000,000 (together with any other funds from time to time held in escrow hereunder, whether in cash or in the form of any investment or reinvestment or otherwise, including any income and other accessions thereto, the “Escrow Property”) in immediately available funds.

Appears in 1 contract

Samples: Purchase Agreement (American Realty Capital Healthcare Trust III, Inc.)

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Receipt of Escrow Property. Upon the execution hereof, the Parent shall deliver or cause to be delivered to the Escrow Agent the aggregate amount of $9,750,000 5,000,000 (together with any other funds from time to time held in escrow hereunder, whether in cash or in the form of any investment or reinvestment or otherwise, including any income and other accessions thereto, the “Escrow Property”) in immediately available funds.

Appears in 1 contract

Samples: Escrow Agreement (Lawson Software, Inc.)

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