Escrow Costs definition
Examples of Escrow Costs in a sentence
The TP Funds, severally and not jointly, shall cause Cloudbreak to pay its portion of any fees, costs, expenses and charges of whatever nature (the “Escrow Costs”) that are payable pursuant to the terms of the Escrow Agreement and shall, severally and not jointly, make available to Cloudbreak any funds as are necessary for Cloudbreak to pay the Escrow Costs.
Buyer and Seller shall each pay half of the Escrow Costs for each year or any portion thereof.
In a similar way, the Auger collaboration operates an array of water Cherenkov detectors [6] that are able to measure the muonic and electromagnetic signal at the ground level.
Developer and Agency shall each pay one half (½) of the Escrow Costs.
This Escrow Agreement shall terminate on the eighteen (18) month anniversary of the closing date of the Merger (the “Termination Date”), at which time Escrow Agent shall return any undisbursed Escrow Shares to the Parent for cancellation and this Escrow Agreement shall be of no further force and effect except that the provisions of Sections 3.1 and 3.2 and any and all rights of the Parties to be paid Indemnification Obligations or Escrow Costs shall survive termination.