We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Indemnification Escrow Funds definition

Indemnification Escrow Funds means the amount of cash held from time to time by the Escrow Agent in the Indemnification Escrow Account pursuant to the Escrow Agreement.
Indemnification Escrow Funds means, at any given time after the Closing, the funds remaining in the one or more accounts in which the Escrow Agent has deposited the Indemnification Escrow Amount in accordance with the Escrow Agreement, including remaining amounts of income actually earned; provided, however, that the Indemnification Escrow Funds shall not include the Adjustment Escrow Funds.
Indemnification Escrow Funds means, at any time, the portion of the Indemnification Escrow Amount then remaining, plus any interest accrued thereon.

Examples of Indemnification Escrow Funds in a sentence

  • Each of the parties hereto acknowledges and agrees that from and after the Closing, except for intentional fraud, claims under this Article XI shall be the sole and exclusive remedy of the Purchaser Indemnified Parties with respect to the transactions contemplated by this Agreement and the Indemnification Escrow Funds shall be the sole source of recovery of the Purchaser Indemnified Parties.

  • After undergoing amplification and conditioning, both the pressure and temperature signals were collected by the high speed acquisition card and displayed on computer screen.

  • If the notice from the Securityholder Representative admits that a portion of the Demand is a valid claim under Section 8.2 of this Agreement and the remaining portion of the Demand is disputed, the Escrow Agent shall promptly disburse to Buyer only such amounts from the Indemnification Escrow Funds as are allocable to mutually agreed Losses, and the disputed portion of such Demand shall be resolved in accordance with Section 8.6(c).

  • In each case in which this Section 11.07 provides for the release of Indemnification Escrow Funds, each of Purchaser and the Seller shall promptly submit joint written instructions to the Escrow Agent instructing the Escrow Agent to distribute the Indemnification Escrow Funds in accordance with this Section 11.07 and the Escrow Agreement.

  • The aggregate amount of Damages for which the Acquiror Indemnified Parties shall be entitled to indemnification pursuant to Section 11.2(a)(iv) will not exceed the lesser of (A) the Indemnification Escrow Funds and (B) an amount equal in the aggregate to $300,000.


More Definitions of Indemnification Escrow Funds

Indemnification Escrow Funds has the meaning set forth in Section 3.2(b)(i).
Indemnification Escrow Funds means, at any given time after the Closing, the funds remaining in the one or more accounts in which the Escrow Agent has deposited the Indemnification Escrow Amount in accordance with the Escrow Agreement, including remaining amounts of income actually earned; provided, however, that the Indemnification Escrow Funds shall not include the Adjustment Escrow Funds or the Special Indemnification Escrow Funds.
Indemnification Escrow Funds has the meaning set forth in Section 1.9.
Indemnification Escrow Funds means the Indemnification Escrow Amount, together with any interest and other income thereon.
Indemnification Escrow Funds means the Indemnification Escrow Amount, less any deductions to such amount pursuant to the terms of this Agreement and together with interest and any other income accrued thereon from time to time.
Indemnification Escrow Funds means $10,000,000.
Indemnification Escrow Funds has the meaning set forth in Section 11.3(a) of this Agreement.