Examples of Indemnity Escrow Release Date in a sentence
Within five (5) Business Days after the Special Indemnity Escrow Release Date, Purchaser and the Sellers’ Representative shall, in accordance with the Escrow Agreement, instruct the Escrow Agent to release from the Special Indemnity Escrow Fund for to the Seller the amount, if any, by which the aggregate amount remaining in the Special Indemnity Escrow Fund as of the Special Indemnity Escrow Release Date exceeds the Retained Special Indemnity Escrow Amount.
Within five (5) Business Days after the Indemnity Escrow Release Date, Purchaser and the Sellers’ Representative shall, in accordance with the Escrow Agreement, instruct the Escrow Agent to release from the Indemnity Escrow Fund to the Seller the amount, if any, by which the aggregate amount remaining in the Indemnity Escrow Fund as of the Indemnity Escrow Release Date exceeds the Retained Indemnity Escrow Amount.