Examples of Indemnity Escrow Agreement in a sentence
The Escrow Cash shall be invested from time to time by the Indemnity Escrow Agent as provided in the Indemnity Escrow Agreement.
The Indemnity Escrow Agent shall hold the Escrow Property pursuant to the Indemnity Escrow Agreement until the later of: (a) the first anniversary of the Merger Effective Date; and (b) the resolution of any claim for indemnification or payment that is pending on the first anniversary of the Merger Effective Date, but only to the extent of the amount of such pending claim.
The form of the Indemnity Escrow Agreement is attached as Exhibit C .
The Escrow Property shall be held and disbursed by the Indemnity Escrow Agent in accordance with the terms of an Indemnity Escrow Agreement substantially in the form attached hereto as Annex III.
Seller and Seller’s affiliates shall fund the Holdback Amount under the Indemnity Escrow Agreement in full upon the Closing Date of the first transaction that closes under the Dealership Asset Purchase Agreements being executed simultaneously herewith.