Rights to Escrow Fund. (a) The Escrow Fund shall be for the exclusive benefit of the Buyer Group and the Shareholders and their respective successors, assigns, heirs, administrators and estates, and no other person or entity shall have any right, title or interest therein. Any claim of any person to the Escrow Fund, or any part thereof, shall be subject and subordinate to the prior right thereto of the Buyer Group and the Shareholders.
Rights to Escrow Fund. Except as expressly provided herein, none of the Parent, the Purchaser, the Investors or the Sellers shall have any right, title or interest in or possession of the Escrow Fund. Therefore, (i) none of the Parent, the Purchaser, the Investors or the Sellers shall have the ability to pledge, convey, hypothecate or grant a security interest in any portion of the Escrow Fund unless and until such Escrow Fund has been disbursed to such party in accordance with Section 4 below and (ii) until disbursed pursuant to Section 4 below, the Escrow Agent shall be in sole possession of the Escrow Fund and will not act or be deemed to act as custodian for any party for purposes of perfecting a security interest therein. Accordingly, no Person shall have any right to have or to hold any of the Escrow Fund as collateral for any obligation and shall not be able to obtain a security interest in any assets (tangible or intangible) contained in or relating to any of the Escrow Fund.
Rights to Escrow Fund. The Escrow Fund shall be for the exclusive benefit of AHI and the Seller and their respective successors and assigns, and no other person or entity shall have any right, title or interest therein, except as otherwise contemplated herein or by the Purchase Agreement.
Rights to Escrow Fund. The Escrow Fund shall be for the exclusive benefit of Buyer and Seller and their respective successors and permitted assigns, and no other Person shall have any right, title or interest therein, except as otherwise contemplated herein or by the Agreement. The Escrow Fund shall not be property of Seller or Buyer unless and until released to Seller or Buyer, as the case may be, in accordance with the Agreement and Section 6 below.
Rights to Escrow Fund. The Escrow Fund shall be for the exclusive benefit of the VitalStream Indemnitees, Hosting and, with respect to amounts to which the Escrow Agent may be entitled pursuant to Sections 9(c) and 9(d) hereof, the Escrow Agent and the Escrow Agent's respective successors and assigns. No other person or entity shall have any right, title or interest in the Escrow Fund. Any claim of any person to the Escrow Fund, or any part thereof, shall be subject and subordinate to the prior right thereto of the VitalStream Indemnitees, Hosting and the Escrow Agent, as contemplated by this Section 3.
Rights to Escrow Fund. Except as expressly provided herein, none of BSVN, the Representative, the Shareholders, or any of their respective Affiliates, shall have any right, title or interest in or possession of any of the Escrow Fund. Therefore, none of BSVN, the Representative, the Shareholders, or any of their respective Affiliates, shall have the ability to pledge, convey, hypothecate or grant a security interest in any portion of the Escrow Fund unless and until such assets have been disbursed to such party in accordance with Section 4 hereof, and (ii) until disbursed pursuant to Section 4 hereof, the Escrow Agent shall be in sole possession of the Escrow Fund and will not act or be deemed to act as custodian for any party for purposes of perfecting a security interest therein.
Rights to Escrow Fund. Except as expressly provided herein, neither the Contributors nor Parent shall have any right, title or interest in or possession of any of the Escrow Fund. As a result, (i) neither the Parent nor any Contributor shall have the ability to pledge, convey, hypothecate or grant a security interest in any portion of the Escrow Fund unless and until such assets have been disbursed to such party in accordance with this Agreement, and (ii) until disbursed pursuant to this Agreement, the Escrow Agent shall be in sole possession of the Escrow Fund and will not act or be deemed to act as custodian for any party for purposes of perfecting a security interest therein. The Escrow Fund shall be held as an escrow fund in accordance with the terms of this Agreement and shall not be subject to any lien, attachment, trustee process or any other judicial process of any creditor of any party hereto.
Rights to Escrow Fund. Except as otherwise expressly provided herein, the Escrow Fund shall be for the exclusive benefit of Parent, Newco, Subco and the Shareholders, and their respective successors and assigns, and no other person, firm or corporation shall have any right, title, or interest therein; and any claim of any person to the Escrow Fund, or any part thereof, shall be subject and subordinate to the prior right thereto and lien of Parent, Newco, Subco and the Shareholders.
Rights to Escrow Fund. Except as expressly provided herein, none of the parties hereto will have any right, title or interest in or possession of any of the Escrow Fund. Neither Buyer nor Seller will have the ability to pledge, convey, hypothecate or grant a security interest in any portion of the Escrow Fund unless and until such assets have been disbursed in accordance with this Agreement.
Rights to Escrow Fund
