Examples of Escrowed Consideration in a sentence
STEP 8 The Association may, if dissatisfied with the decision of the Board, or if the Board fails to acknowledge or into the grievance or complaint within the specified time, submit the matter to an arbitrator.
In such a situation, a possibility to switch to a different source providing the same infor- mation (that has correct configuration w.r.t. position, viewing direction etc.) exists and the system function still remains fully available in the system.
Certificates representing Parent Common Stock, with a value (based upon the Viad Price at the Effective Time) equal to sum of the Maximum Indemnification Amount and the Software Fee, which would have otherwise been issued to Dachis in accordance with the procedures of Section 3.1, shall be held in escrow by the Escrow Agent, with the other Escrowed Consideration pursuant to the terms of the Escrow Agreement.
Except as otherwise provided in the Escrow Agreement, the Escrow Agent shall hold the Escrowed Consideration for one year following the Closing Date and shall only release such Escrowed Consideration pursuant to the terms of the Escrow Agreement.
Any Escrowed Consideration which is not Disputed Funds or subject to an unresolved Notice of Covered Claim shall be delivered to Axys within three business days of the termination of the Agreement.