Indemnification Escrow has the meaning set forth in Section 3.1 of the Agreement.
Indemnification Escrow means the Escrow Account opened for the purpose of holding the Microfield Common Stock held back pursuant to Section 2.7.
Indemnification Escrow has the meaning set forth in Section 2.04(d).
Examples of Indemnification Escrow in a sentence
The Indemnification Escrow Agreement shall have been executed and delivered and shall be in full force and effect.
The Escrow Agent shall be entitled to rely on any such memorandum and distribute funds from the Indemnification Escrow in accordance with the terms thereof.
In the event Buyer becomes aware of a Third-Party Claim or Damages which Buyer believes may result in a demand against the Indemnification Escrow or a claim for Damages pursuant to the indemnification provisions of Section 6.2 hereof, Buyer shall notify Seller of such claim.
Such securities shall be considered Indemnification Escrow Shares for purposes hereof.
Where there are different arrangements, these should be clearly documented.
More Definitions of Indemnification Escrow
Indemnification Escrow has the meaning set forth in SECTION 1.05(ii) hereof.
Indemnification Escrow means $15,000,000.
Indemnification Escrow shall have the meaning specified in Section 2.03(b).
Indemnification Escrow. Section 2.10(a)
Indemnification Escrow means the portion of the Escrow Account designated for the Indemnification Escrow Amount to be held by the Escrow Agent in accordance with the terms of the Escrow Agreement.
Indemnification Escrow shall have the meaning in Section 1.5(c).