Examples of Escrow Amount in a sentence
At the Closing, Buyer, the Representative and the Escrow Agent shall execute and deliver the Escrow Agreement, and, at the Closing, Buyer shall deposit the Escrow Amount with the Escrow Agent to be held in accordance with the terms of this Agreement and the Escrow Agreement.
Concurrently with the Closing, Buyer, on behalf of the Indemnifying Parties, shall deliver or cause to be delivered an amount in cash equal to the Escrow Amount to the Escrow Agent, pursuant to the provisions of this Agreement and the escrow agreement, substantially in the form attached as Exhibit D hereto (the “Escrow Agreement”), such that each Indemnifying Party shall be deemed to have contributed its Pro Rata Share of the Escrow Amount to the aggregate Escrow Amount so deposited.