Examples of Indemnity Escrow Period in a sentence
The representations, warranties, covenants and agreements in this Agreement or in any writing delivered by the Company to Parent in connection with this Agreement (including the certificate required to be delivered by the Company pursuant to Section 6.3(a)) shall survive the Closing until the expiration of the Indemnity Escrow Period.
The representations and warranties of the Company set forth in this Agreement shall survive the Closing until the end of the Indemnity Escrow Period.
The term of this Indemnity Escrow Agreement ("Indemnity Escrow Period") shall expire on the expiration of the Indemnification Period, as defined in Section 11.1 of the Purchase Agreement, except that it shall be automatically extended as necessary to provide for the disposition of any Claims filed by Purchaser with the Indemnity Escrow Agent during such period, in accordance with the procedures set forth in Section 5 hereof.
The Escrow Agent shall hold and safeguard the Indemnity Escrow Fund during the Indemnity Escrow Period, and shall hold and dispose of the Indemnity Escrow Fund only in accordance with the terms of this ARTICLE VIII.
In all instances in which Sellers have any obligation or liability to a Buyer Party pursuant to Section 9.2(a) at any time during the Indemnity Escrow Period that there that there is any amount then-remaining in the Indemnity Escrow Account, Buyer shall use any amount then-remaining in the Indemnity Escrow Account as recourse to satisfy any and all such amounts owed to a Buyer Party before proceeding directly against the applicable Party for such amounts, subject to the other limitations of this Article 9.