Common use of Satisfaction of Claims with Escrow Fund Clause in Contracts

Satisfaction of Claims with Escrow Fund. The Escrow Fund will be retained by the Escrow Agent and shall be distributed at any time, or from time to time, for the purpose of paying Claims as follows:

Appears in 2 contracts

Samples: Escrow Agreement (Dailey International Inc), Escrow Agreement (Dailey Petroleum Services Corp)

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Satisfaction of Claims with Escrow Fund. The Escrow Fund will be retained by the Escrow Agent and shall be distributed at any time, or from time to time, for the purpose of paying Claims as followsclaims for indemnification incurred by the Purchaser under Article VII of the Purchase Agreement, pursuant to the following terms:

Appears in 1 contract

Samples: Document Execution Copy Escrow Agreement (Medicalogic/Medscape Inc)

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Satisfaction of Claims with Escrow Fund. The Escrow Fund will be retained by the Escrow Agent and shall be distributed at any time, or from time to time, for the purpose of paying Claims as followsclaims for Losses incurred by the Buyer for which it is entitled to indemnification under Article X of the Purchase Agreement, pursuant to the following terms:

Appears in 1 contract

Samples: Escrow Agreement (Sybron International Corp)

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