{"component": "clause", "props": {"groups": [{"samples": [{"hash": "iGhwB2kEs7D", "uri": "/contracts/iGhwB2kEs7D#the-escrow", "label": "Escrow Agreement (Amdl Inc)", "score": 19.0, "published": true}, {"hash": "g5Nu9Qmj7G7", "uri": "/contracts/g5Nu9Qmj7G7#the-escrow", "label": "Escrow Agreement (Amdl Inc)", "score": 19.0, "published": true}, {"hash": "fHNkn0iDVjH", "uri": "/contracts/fHNkn0iDVjH#the-escrow", "label": "Escrow Agreement (Amdl Inc)", "score": 19.0, "published": true}], "snippet_links": [{"key": "escrow-holder", "type": "clause", "offset": [4, 17]}, {"key": "the-escrow-shares", "type": "clause", "offset": [33, 50]}, {"key": "in-accordance-with", "type": "definition", "offset": [51, 69]}, {"key": "the-shareholders", "type": "clause", "offset": [147, 163]}, {"key": "republic-of-china", "type": "definition", "offset": [202, 219]}, {"key": "other-appropriate-agency", "type": "definition", "offset": [249, 273]}, {"key": "regulatory-approval", "type": "definition", "offset": [321, 340]}, {"key": "for-buyer", "type": "clause", "offset": [341, 350]}, {"key": "to-sell", "type": "clause", "offset": [351, 358]}, {"key": "the-people", "type": "definition", "offset": [384, 394]}, {"key": "form-and-substance", "type": "clause", "offset": [475, 493]}, {"key": "to-buyer", "type": "definition", "offset": [507, 515]}, {"key": "the-approval", "type": "clause", "offset": [747, 759]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [975, 995]}, {"key": "this-amendment-no", "type": "clause", "offset": [1022, 1039]}], "size": 6, "snippet": "The Escrow Holder shall disburse the Escrow Shares in accordance with the following procedures:\n(a) If, before March 28, 2007, Jade Capital and/or the Shareholders shall have demonstrated that People\u2019s Republic of China State Federal Drug Agency or other appropriate agency (\u201cSFDA\u201d) has issued a permit or the equivalent regulatory approval for Buyer to sell and distribute DR-70\u00ae in the People\u2019s Republic of China without qualification (the \u201cApproval to Market DR-70\u00ae\u201d), in form and substance satisfactory to Buyer, then the Escrow Holder shall promptly disburse the Escrow Shares to Jade Capital and/or Shareholders, in such proportions as Jade Capital shall instruct.\n(b) If Jade Capital has not notified Escrow Holder that the SFDA has issued the Approval to Market DR-70\u00ae before March 28, 2008, or if Buyer disputes that the purported approval is satisfactory, the Escrow Shares shall be delivered by Escrow Holder to Buyer for cancellation.\u201d\n2. All other provisions of the Escrow Agreement shall remain unchanged by this Amendment No. 1.", "hash": "725e42805a1eb2bb2eaea4e619acbb60", "id": 2}, {"samples": [{"hash": "dJz3KjKZ6d1", "uri": "/contracts/dJz3KjKZ6d1#the-escrow", "label": "Capacity Reservation and Transit Services Agreement", "score": 32.3252947019, "published": true}, {"hash": "iMvqcLDpZXd", "uri": "/contracts/iMvqcLDpZXd#the-escrow", "label": "Capacity Reservation and Transit Services Agreement", "score": 32.269752958, "published": true}, {"hash": "BNmbOg6w3r", "uri": "/contracts/BNmbOg6w3r#the-escrow", "label": "Capacity Reservation and Transit Services Agreement", "score": 31.1812857316, "published": true}], "snippet_links": [{"key": "the-respondent", "type": "clause", "offset": [4, 18]}, {"key": "in-accordance-with", "type": "definition", "offset": [38, 56]}, {"key": "equal-to", "type": "definition", "offset": [89, 97]}, {"key": "security-amount", "type": "clause", "offset": [102, 117]}, {"key": "escrow-amount", "type": "clause", "offset": [121, 134]}, {"key": "account-number", "type": "definition", "offset": [142, 156]}, {"key": "the-escrow-agent", "type": "definition", "offset": [164, 180]}, {"key": "swift-code", "type": "definition", "offset": [214, 224]}, {"key": "days-after", "type": "definition", "offset": [329, 339]}, {"key": "appointment-of-the-arbitrators", "type": "clause", "offset": [344, 374]}, {"key": "swiss-rules", "type": "definition", "offset": [422, 433]}, {"key": "provide-the", "type": "clause", "offset": [479, 490]}, {"key": "written-request", "type": "definition", "offset": [532, 547]}, {"key": "information-and-documentation", "type": "clause", "offset": [562, 591]}, {"key": "sole-discretion", "type": "clause", "offset": [619, 634]}, {"key": "comply-with-applicable", "type": "clause", "offset": [659, 681]}, {"key": "prevention-of-money-laundering", "type": "clause", "offset": [706, 736]}, {"key": "not-limited", "type": "clause", "offset": [753, 764]}, {"key": "disclosure-of", "type": "clause", "offset": [773, 786]}, {"key": "beneficial-owners", "type": "definition", "offset": [811, 828]}, {"key": "interest-paid", "type": "clause", "offset": [838, 851]}, {"key": "by-the-bank", "type": "clause", "offset": [852, 863]}, {"key": "the-escrow-account", "type": "clause", "offset": [873, 891]}, {"key": "in-respect-of", "type": "clause", "offset": [892, 905]}, {"key": "and-interest", "type": "clause", "offset": [926, 938]}, {"key": "pursuant-to-article", "type": "clause", "offset": [1004, 1023]}, {"key": "applicable-taxes", "type": "definition", "offset": [1046, 1062]}, {"key": "fees-and-charges", "type": "definition", "offset": [1064, 1080]}], "size": 7, "snippet": "3.1 The Respondent shall be required, in accordance with the CRTSA, to deposit an amount equal to the Security Amount as escrow amount to the account number [\u25cf] of the Escrow Agent with [\u25cf] (bank clearing Nr. [\u25cf], SWIFT code: [\u25cf]) (the \u201cEscrow Account\u201d) in accordance with GC 16.2(v) of the CRTSA, i.e., within 10 (ten) calendar days after the appointment of the arbitrators becoming effective pursuant to Art. 5.1 of the Swiss Rules.\n3.2 Carrier and Shipper hereby undertake to provide the Escrow Agent at the Escrow Agent's first written request with any such information and documentation as the Escrow Agent at its sole discretion may require in order to comply with applicable Swiss law regarding the prevention of money laundering, including, but not limited to, the disclosure of Carrier's and \u2587\u2587\u2587\u2587\u2587\u2587\u2587's beneficial owners.\n3.3 Any interest paid by the bank carrying the Escrow Account in respect of the Security Amount and interest generated by investing the Security Amount in fiduciary deposits pursuant to article 5.1 hereinafter, less applicable taxes, fees and charges, shall upon credit to the Escrow Account automatically become part of the Security Amount and shall be distributed as provided for hereinafter.", "hash": "4ec6b3f634edb099fab30e64011359e9", "id": 1}, {"samples": [{"hash": "8jdHaZFknvp", "uri": "/contracts/8jdHaZFknvp#the-escrow", "label": "Asset Purchase Agreement", "score": 31.340862423, "published": true}, {"hash": "39yjkv5Ioty", "uri": "/contracts/39yjkv5Ioty#the-escrow", "label": "Asset Purchase Agreement (Hyatt Hotels Corp)", "score": 22.6427104723, "published": true}, {"hash": "jNevanGn8HJ", "uri": "/contracts/jNevanGn8HJ#the-escrow", "label": "Asset Purchase Agreement (Hyatt Hotels Corp)", "score": 22.53045859, "published": true}], "snippet_links": [{"key": "holdback-escrow-amount", "type": "definition", "offset": [4, 26]}, {"key": "the-escrow-agent", "type": "definition", "offset": [50, 66]}, {"key": "purchase-of-the-assets", "type": "clause", "offset": [91, 113]}], "size": 3, "snippet": "The Holdback Escrow Amount will be deposited with the Escrow Agent in conjunction with the purchase of the Assets and in proportion to the Assets that are purchased.", "hash": "c225dd6a57505def42a193a907ea0453", "id": 3}, {"samples": [{"hash": "kAZTbEpVZzA", "uri": "/contracts/kAZTbEpVZzA#the-escrow", "label": "Escrow Agreement (Timco Aviation Services Inc)", "score": 19.0, "published": true}, {"hash": "6dIgmjdjx09", "uri": "/contracts/6dIgmjdjx09#the-escrow", "label": "Escrow Agreement (Harber Lacy J)", "score": 19.0, "published": true}], "snippet_links": [{"key": "in-accordance-with", "type": "definition", "offset": [0, 18]}, {"key": "terms-of-the-merger-agreement", "type": "clause", "offset": [23, 52]}, {"key": "the-escrow-agent", "type": "definition", "offset": [77, 93]}, {"key": "deposit-amount", "type": "clause", "offset": [98, 112]}, {"key": "disposed-of", "type": "definition", "offset": [248, 259]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [283, 306]}], "size": 3, "snippet": "In accordance with the terms of the Merger Agreement, TAS has deposited with the Escrow Agent the Deposit Amount, consisting of funds contributed to its capital by LJH and Owl Creek. The Deposit Amount, plus all interest thereon, shall be held and disposed of in accordance with the terms of this Agreement (the \u201cEscrow\u201d).", "hash": "714b15198b8f60d492eb8f8e6e225959", "id": 4}, {"samples": [{"hash": "3fHY0OVpthB", "uri": "/contracts/3fHY0OVpthB#the-escrow", "label": "Escrow Agreement (Critical Path Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "receipt-of", "type": "clause", "offset": [19, 29]}, {"key": "agrees-to", "type": "clause", "offset": [34, 43]}, {"key": "the-deposit", "type": "clause", "offset": [51, 62]}, {"key": "establish-and-maintain", "type": "clause", "offset": [67, 89]}, {"key": "separate-account", "type": "definition", "offset": [92, 108]}, {"key": "each-purchaser", "type": "definition", "offset": [113, 127]}, {"key": "cash-portion", "type": "clause", "offset": [130, 142]}, {"key": "escrow-account", "type": "clause", "offset": [183, 197]}], "size": 3, "snippet": "Agent acknowledges receipt of and agrees to accept the Deposit and establish and maintain a separate account for each Purchaser's cash portion of the Deposit as provided herein (the \"Escrow Account\").", "hash": "9c5d1ca274d7c8892584ee36493a3641", "id": 5}, {"samples": [{"hash": "knx3ElnhVFT", "uri": "/contracts/knx3ElnhVFT#the-escrow", "label": "Merger Agreement (THQ Inc)", "score": 18.0, "published": true}, {"hash": "abAQ1cZMEih", "uri": "/contracts/abAQ1cZMEih#the-escrow", "label": "Merger Agreement (THQ Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "merger-filing", "type": "clause", "offset": [22, 35]}, {"key": "the-escrow-shares", "type": "clause", "offset": [82, 99]}, {"key": "the-escrow-agent", "type": "definition", "offset": [103, 119]}, {"key": "escrow-account", "type": "clause", "offset": [158, 172]}, {"key": "in-accordance-with", "type": "definition", "offset": [188, 206]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [225, 245]}, {"key": "termination-of-the-escrow", "type": "clause", "offset": [279, 304]}, {"key": "escrow-agent-shall", "type": "clause", "offset": [350, 368]}, {"key": "pursuant-to-section", "type": "definition", "offset": [466, 485]}, {"key": "effective-time", "type": "definition", "offset": [504, 518]}, {"key": "stock-certificate", "type": "clause", "offset": [549, 566]}, {"key": "with-respect-to", "type": "clause", "offset": [600, 615]}, {"key": "the-shares", "type": "clause", "offset": [616, 626]}, {"key": "equal-to", "type": "definition", "offset": [674, 682]}, {"key": "additional-stock", "type": "definition", "offset": [701, 717]}, {"key": "company-common-stock", "type": "definition", "offset": [761, 781]}, {"key": "the-balance", "type": "clause", "offset": [828, 839]}, {"key": "to-parent", "type": "definition", "offset": [840, 849]}, {"key": "distribution-of", "type": "clause", "offset": [976, 991]}], "size": 2, "snippet": "As a condition to the Merger Filing, Parent shall deliver certificates evidencing the Escrow Shares to the Escrow Agent, to be held by the Escrow Agent in an escrow account (the \"Escrow\") in accordance with the provisions of the Escrow Agreement. Within five business days after termination of the Escrow in accordance with the Escrow Agreement, the Escrow Agent shall deliver the Escrow Shares remaining in the Escrow, after all deductions have been made therefrom pursuant to Section 10.1, (I) to each Effective Time Stockholder who surrendered a Stock Certificate and received the Per Share Stock with respect to the shares evidenced by such Stock Certificate, an amount equal to (a) the Per Share Additional Stock, multiplied by (b) the number of shares of Company Common Stock evidenced by such Stock Certificate; and (II) the balance to Parent. Thereafter the Escrow Agent shall not be liable to any Persons claiming any amount of such Escrow Shares; and any subsequent distribution of the balance of such Escrow Shares shall be effected directly with Parent.", "hash": "ad8dbbe5418b50a2373190f0c94f27bc", "id": 6}, {"samples": [{"hash": "7cT1JiB059s", "uri": "/contracts/7cT1JiB059s#the-escrow", "label": "Merger Agreement (Bok Financial Corp Et Al)", "score": 16.0, "published": true}], "snippet_links": [{"key": "the-following-terms-and-conditions", "type": "clause", "offset": [35, 69]}, {"key": "escrow-agent-shall", "type": "clause", "offset": [80, 98]}, {"key": "bank-of", "type": "clause", "offset": [102, 109]}, {"key": "trust-company", "type": "definition", "offset": [116, 129]}, {"key": "national-association", "type": "definition", "offset": [131, 151]}, {"key": "agreement-generally", "type": "clause", "offset": [235, 254]}, {"key": "escrow-amount", "type": "clause", "offset": [336, 349]}, {"key": "at-the-closing", "type": "definition", "offset": [370, 384]}, {"key": "certificates-of-deposit", "type": "clause", "offset": [449, 472]}, {"key": "by-bank", "type": "clause", "offset": [480, 487]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [530, 554]}, {"key": "offered-by", "type": "definition", "offset": [561, 571]}, {"key": "to-the-public", "type": "definition", "offset": [576, 589]}, {"key": "at-the-time", "type": "clause", "offset": [590, 601]}, {"key": "upon-maturity", "type": "clause", "offset": [677, 690]}, {"key": "total-amount", "type": "definition", "offset": [701, 713]}, {"key": "payment-of", "type": "definition", "offset": [744, 754]}, {"key": "the-certificates", "type": "definition", "offset": [900, 916]}, {"key": "in-the-event", "type": "clause", "offset": [989, 1001]}, {"key": "breach-of", "type": "definition", "offset": [1016, 1025]}, {"key": "representations-and-warranties-of", "type": "clause", "offset": [1030, 1063]}, {"key": "merger-agreement", "type": "definition", "offset": [1101, 1117]}, {"key": "the-claim", "type": "definition", "offset": [1145, 1154]}, {"key": "the-agent", "type": "clause", "offset": [1170, 1179]}, {"key": "the-notice", "type": "clause", "offset": [1204, 1214]}, {"key": "basis-of", "type": "clause", "offset": [1340, 1348]}, {"key": "prior-to-the", "type": "clause", "offset": [1400, 1412]}, {"key": "notice-deadline", "type": "definition", "offset": [1419, 1434]}, {"key": "the-mutual", "type": "definition", "offset": [1533, 1543]}, {"key": "final-adjudication", "type": "clause", "offset": [1582, 1600]}, {"key": "claim-payment", "type": "definition", "offset": [1717, 1730]}, {"key": "mutually-agreed", "type": "clause", "offset": [1746, 1761]}, {"key": "agreement-or", "type": "definition", "offset": [1957, 1969]}, {"key": "allowed-claims", "type": "clause", "offset": [1997, 2011]}, {"key": "termination-of-the-escrow", "type": "clause", "offset": [2053, 2078]}, {"key": "holders-of", "type": "clause", "offset": [2147, 2157]}, {"key": "record-date", "type": "definition", "offset": [2191, 2202]}, {"key": "in-accordance-with", "type": "definition", "offset": [2203, 2221]}, {"key": "respective-interests", "type": "clause", "offset": [2228, 2248]}, {"key": "rights-of-the-holders", "type": "clause", "offset": [2259, 2280]}, {"key": "receive-payments", "type": "clause", "offset": [2313, 2329]}, {"key": "by-operation-of-law", "type": "definition", "offset": [2393, 2412]}, {"key": "approval-of", "type": "clause", "offset": [2441, 2452]}, {"key": "other-evidence-of-ownership", "type": "clause", "offset": [2578, 2605]}, {"key": "fees-and-costs-of-the-escrow-agent", "type": "clause", "offset": [2631, 2665]}, {"key": "with-respect-to", "type": "clause", "offset": [2666, 2681]}], "size": 2, "snippet": "The Escrow shall be established on the following terms and conditions:\n11.1 The escrow agent shall be Bank of Texas Trust Company, National Association (\"Escrow Agent\").\n11.2 The Escrow shall be governed by the standard form of escrow agreement generally in use by the Escrow Agent (the \"Escrow Agreement\").\n11.3 BOKF shall deliver the Escrow Amount to the Escrow Agent at the Closing. The Escrow Agent shall invest the Escrow Amount in three month certificates of deposit issued by Bank of Texas, National Association (\"BOT\") on the terms and conditions being offered by BOT to the public at the time of such investment and shall thereafter renew such certificates of deposit upon maturity as to the total amount remaining in the Escrow after payment of any Allowed Claim (for like periods and on the terms and conditions being offered by BOT to the public at the time of such renewal). Interest on the certificates shall be added to the Escrow and deemed part of the Escrow Amount.\n11.4 In the event BOKF claims a breach of the representations and warranties of Swiss Avenue Bank arising under this Merger Agreement, BOKF shall give notice of the claim (a \"Claim\") to the Agent (as hereafter defined). The notice shall identify the representations and warranties which BOKF claims have been breached and describe in reasonable detail the basis of the Claim.\n11.5 In the event BOKF makes a Claim(s) prior to the Claim Notice Deadline, the Escrow Agent shall continue to hold the Escrow Amount until such Claim(s) is resolved by (i) the mutual agreement of Agent and BOKF or (ii) a final adjudication determining the merits of the Claim(s), at which time the Escrow shall terminate and the Escrow Agent shall pay (a \"Claim Payment\") the Claim as mutually agreed or finally adjudicated (an \"Allowed Claim\").\n11.6 The Escrow shall terminate at the later of the Claim Notice Deadline or the date on which all timely noticed Claims have been resolved by mutual agreement or final adjudication and all Allowed Claims, if any, shall have been paid.\n11.7 Upon termination of the Escrow the Escrow Amount remaining in the Escrow shall be delivered to the holders of Swiss Avenue Common Stock on the Record Date in accordance with their respective interests.\n11.8 The rights of the holders of Swiss Avenue Common Stock to receive payments from the Escrow shall not be assignable or transferable except by operation of law or by intestacy or with the approval of BOKF (which approval shall not be unreasonably withheld, delayed, or denied) and will not be evidenced by any certificate or other evidence of ownership.\n11.9 BOKF shall pay the fees and costs of the Escrow Agent with respect to the Escrow.", "hash": "883b80ed9859a8f30c5d4b7c1965da44", "id": 7}, {"samples": [{"hash": "lGeNEg2eKPB", "uri": "/contracts/lGeNEg2eKPB#the-escrow", "label": "Merger Agreement (Capital Title Group Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "escrow-agent-shall", "type": "clause", "offset": [4, 22]}, {"key": "bank-account", "type": "clause", "offset": [35, 47]}, {"key": "the-escrow-deposit", "type": "clause", "offset": [96, 114]}, {"key": "the-investment", "type": "definition", "offset": [165, 179]}, {"key": "interest-earned", "type": "clause", "offset": [212, 227]}, {"key": "escrow-assets", "type": "definition", "offset": [242, 255]}, {"key": "a-separate", "type": "definition", "offset": [333, 343]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [392, 415]}, {"key": "distribute-the", "type": "clause", "offset": [455, 469]}, {"key": "in-accordance-with", "type": "definition", "offset": [484, 502]}, {"key": "terms-and", "type": "clause", "offset": [507, 516]}, {"key": "conditions-of-this-agreement", "type": "clause", "offset": [532, 560]}, {"key": "cash-portion", "type": "clause", "offset": [615, 627]}, {"key": "in-section-4", "type": "clause", "offset": [685, 697]}, {"key": "subject-to-lien", "type": "clause", "offset": [760, 775]}, {"key": "party-hereto", "type": "definition", "offset": [834, 846]}, {"key": "for-the-purposes", "type": "clause", "offset": [878, 894]}, {"key": "in-this-agreement", "type": "clause", "offset": [905, 922]}], "size": 1, "snippet": "The Escrow Agent shall establish a bank account at Comerica Bank-California and deposit therein the Escrow Deposit and all dividends therefrom and all earnings from the investment thereof (collectively, with any interest earned thereon, the \"ESCROW ASSETS\") which the Escrow Agent shall hold in escrow number 49508-0025COL, which is a separate escrow that shall be maintained pursuant to the terms of this Agreement (the \"ESCROW\"). The Escrow Agent shall distribute the Escrow Assets in accordance with the terms and subject to the conditions of this Agreement. Until distributed, the Escrow Agent shall invest the cash portion of the Escrow Assets in the manner hereinafter set forth in Section 4 hereof. The Escrow and the Escrow Assets therein shall not be subject to lien, attachment, charge or encumbrance by any creditor of any party hereto, and they shall be used solely for the purposes set forth in this Agreement.", "hash": "e88914f69fd540b3bb3209003406713a", "id": 8}, {"samples": [{"hash": "2kj25CRINtS", "uri": "/contracts/2kj25CRINtS#the-escrow", "label": "Development Agreement (Rambus Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "escrowed-materials", "type": "clause", "offset": [57, 75]}, {"key": "successor-escrow-agent", "type": "clause", "offset": [83, 105]}, {"key": "cooperate-with", "type": "clause", "offset": [116, 130]}, {"key": "in-order-to", "type": "clause", "offset": [145, 156]}, {"key": "transfer-of", "type": "definition", "offset": [172, 183]}], "size": 1, "snippet": "Agent named herein (and any successor) shall deliver the Escrowed Materials to the successor Escrow Agent and shall cooperate with its successor in order to effectuate the transfer of its duties to the successor Escrow Agent.", "hash": "96d27faa2eecff6c1b44ae557a952e7c", "id": 9}, {"samples": [{"hash": "hpPxaSihWbx", "uri": "/contracts/hpPxaSihWbx#the-escrow", "label": "Settlement Agreement (Cronos Group)", "score": 18.0, "published": true}], "snippet_links": [{"key": "establishment-of-the-escrow-account", "type": "clause", "offset": [7, 42]}, {"key": "table-of-contents", "type": "definition", "offset": [102, 119]}, {"key": "effective-date-of-this-agreement", "type": "definition", "offset": [164, 196]}, {"key": "the-effective-date", "type": "clause", "offset": [343, 361]}, {"key": "release-of", "type": "clause", "offset": [434, 444]}, {"key": "released-persons", "type": "definition", "offset": [449, 465]}, {"key": "parties-to-cooperate", "type": "clause", "offset": [541, 561]}, {"key": "of-the-parties", "type": "clause", "offset": [624, 638]}, {"key": "charging-orders", "type": "clause", "offset": [640, 655]}, {"key": "cooperation-in-the", "type": "clause", "offset": [726, 744]}, {"key": "enforcement-of", "type": "clause", "offset": [844, 858]}, {"key": "sale-of-the", "type": "clause", "offset": [959, 970]}, {"key": "article-viii", "type": "clause", "offset": [1117, 1129]}, {"key": "amendment-of", "type": "clause", "offset": [1130, 1142]}, {"key": "management-agreements", "type": "definition", "offset": [1151, 1172]}], "size": 1, "snippet": "28 4.1 Establishment of the Escrow Account........................................................ 28 TABLE OF CONTENTS Article V DISMISSAL OF THE CONTRIN ACTIONS; EFFECTIVE DATE OF THIS AGREEMENT......................... 31 5.1 Dismissal of the Contrin Actions........................................................... 31 5.2 Calculation of the Effective Date.......................................................... 32 Article VI RELEASE OF THE RELEASED PERSONS............................................................ 32 Article VII PARTIES TO COOPERATE IN THE PROSECUTION OF THE AUSTRIAN ACTION AND THE FORECLOSURE OF THE PARTIES' CHARGING ORDERS UPON THE AMERSHAM ESTATE; TOEMT............................... 33 7.1 Cooperation in the Prosecution of the Austrian Action...................................... 33 7.2 Cooperation in the Enforcement of the Parties' Charging Orders............................. 34 7.3 Cooperation in the Foreclosure and Sale of the Amersham Estate............................ 34 7.4 Cooperation in the Liquidation of TOEMT.................................................... 35 Article VIII AMENDMENT OF CONTRIN MANAGEMENT AGREEMENTS................................................. 36", "hash": "1687a941eb74f38fc8d7af2f42101ed1", "id": 10}], "next_curs": "ClMSTWoVc35sYXdpbnNpZGVyY29udHJhY3Rzci8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhN0aGUtZXNjcm93IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "The Escrow", "size": 67, "children": [["appointment-of-escrow-agent", "Appointment of Escrow Agent"], ["joint-direction", "Joint Direction"], ["establishment-of-escrow", "Establishment of Escrow"], ["termination-of-escrow", "Termination of Escrow"], ["background-and-intention-of-parties", "Background and Intention of Parties"]], "parents": [["miscellaneous", "Miscellaneous"], ["consummation-of-the-merger", "Consummation of the Merger"], ["purchase-and-sale", "Purchase and Sale"], ["establishment-of-escrow", "Establishment of Escrow"], ["escrow-deposit", "ESCROW DEPOSIT"]], "id": "the-escrow", "related": [["the-escrow-agent", "The Escrow Agent", "<strong>The Escrow</strong> Agent"], ["concerning-the-escrow-agent", "Concerning the Escrow Agent", "Concerning <strong>the Escrow</strong> Agent"], ["appointment-of-the-escrow-agent", "Appointment of the Escrow Agent", "Appointment of <strong>the Escrow</strong> Agent"], ["disbursement-of-the-escrow-shares", "Disbursement of the Escrow Shares", "Disbursement of <strong>the Escrow</strong> Shares"], ["deposits-into-the-escrow-account", "Deposits into the Escrow Account", "Deposits into <strong>the Escrow</strong> Account"]], "related_snippets": [], "updated": "2025-07-07T12:37:53+00:00", "also_ask": ["What are the essential terms that must be included in an escrow clause to ensure enforceability?", "How can the escrow arrangement be structured to maximize leverage during negotiations?", "What are the most common risks or pitfalls in escrow clauses that could undermine the parties\u2019 interests?", "How do escrow requirements differ across jurisdictions or under different governing laws?", "What factors do courts consider when determining if an escrow clause is valid and enforceable?"], "drafting_tip": "Specify the escrow agent, define the conditions for release, and outline dispute resolution procedures to ensure clarity, prevent misuse, and facilitate enforcement.", "explanation": "The Escrow clause establishes that a third party will temporarily hold funds or assets on behalf of the parties involved in a transaction until certain conditions are met. Typically, this means that a buyer deposits payment with an escrow agent, who then releases the funds to the seller only after the agreed-upon obligations\u2014such as delivery of goods or completion of services\u2014are fulfilled. This arrangement protects both parties by ensuring that the seller will only receive payment once their obligations are satisfied, and the buyer\u2019s funds are not released prematurely, thereby reducing the risk of non-performance or fraud."}, "json": true, "cursor": ""}}