Indemnification Escrow Account means the escrow account established pursuant to the Indemnification Escrow Agreement.

Indemnification Escrow Account shall have the meaning set forth in Section 2.10(b)(ii).

Indemnification Escrow Account has the meaning specified in Section 3.6(a).

Examples of Indemnification Escrow Account in a sentence

Amounts to be paid to Parent Indemnified Parties shall be paid solely from the Indemnification Escrow Account pursuant to the Indemnification Escrow Agreement and the terms hereof.
Subject to the limitations set forth in Sections 10.6(c) and 10.6(f), any amounts recoverable by the Purchaser Indemnified Parties that are in excess of the amount of funds remaining in the Indemnification Escrow Account shall be paid directly by the Sole Member.
In addition, the Representative shall have the right to recover any of such fees and expenses from the Indemnification Escrow Account from any amount that would otherwise be distributed to the Fully-Diluted Stockholders and, prior to any such distribution, shall deliver to the Escrow Agent a certificate setting forth such fees and expenses actually incurred.
Notwithstanding the foregoing, the Indemnified Party shall have the right to pay or settle any such claim, provided that in such event it shall waive any right to indemnity therefor by the Responsible Party or from the Indemnification Escrow Account, as the case may be, for such claim unless the Responsible Party shall have consented to such payment or settlement.
No Liens, claims or interests shall encumber the Indemnification Escrow Account in any way.

More Definitions of Indemnification Escrow Account

Indemnification Escrow Account has the meaning set forth in Section 2.9.

Indemnification Escrow Account is defined in Section 2.03(d).

Indemnification Escrow Account means one or more accounts maintained by the Escrow Agent in which the Indemnification Escrow Amount is deposited in accordance with the Escrow Agreement.

Indemnification Escrow Account means a segregated escrow account in which the Earn-Out Escrow Shares and other Escrow Property related thereto will be held by the Escrow Agent pursuant to the terms of this Agreement and the Escrow Agreement.

Indemnification Escrow Account means the account or accounts which shall have been designated in a writing delivered to Buyer prior to Closing by the Indemnification Escrow Agent and Sellers.

Indemnification Escrow Account means the account into which the Escrow Amount is deposited by Parent at Closing and which shall be held and administered by the Escrow Agent pursuant to the Escrow Agreement.