Common use of Retention in Escrow Account Clause in Contracts

Retention in Escrow Account. 18.11.1.Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Article 18.11.2, a sum equal to last 3 (three) months payment due and payable immediately preceding the Transfer Date shall be retained in the Escrow Account for a period of 120 (one hundred and twenty) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Article 18.10.

Retention in Escrow Account. 18.11.1.Notwithstanding 39.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Article 18.11.2Clause 39.2.3, a sum equal to last 3 5% (threefive per cent) months payment due and payable of the total Realisable Fee for the year immediately preceding the Transfer Date shall be retained in the Escrow Account for a period of 120 (one hundred and twenty) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Article 18.10Clause 39.1.

Retention in Escrow Account. 18.11.1.Notwithstanding 35.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Article 18.11.235.2.3, a sum equal to last 3 to5% (threefive per cent) months payment due of the total Fee and payable Sub-Licence Fees for the year immediately preceding the Transfer Date shall be retained in the Escrow Account for a period of 120 (one hundred and twenty) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Article 18.1035.1.

Retention in Escrow Account. 18.11.1.Notwithstanding 39.2.1 Notwithstanding anything to the contrary contained in this Agreement, but subject to the provisions of Article 18.11.2, Clause 39.2.3 a sum equal to last 3 5% (threefive percent) months payment due and payable of the total Realisable Fee for the year immediately preceding the Transfer Date shall be retained in the Escrow Account for a period of 120 (one 120(one hundred and twenty) days after Termination for meeting the liabilities, if any, arising out of or in connection with the provisions of Article 18.10Clause 39.1.