Cash in Lieu of Escrow Shares. Notwithstanding anything herein to the contrary, at any time Escrow Shares shall be released and delivered to Buyer pursuant to Sections 2 or 3 hereof, Seller may direct that, to the extent available in the Escrow Account, such amounts be satisfied, in whole or in part, with and paid in a like amount of cash.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Sba Communications Corp), Stock Purchase Agreement (Sba Communications Corp)
Cash in Lieu of Escrow Shares. Notwithstanding anything herein to the contrary, at any time that Escrow Shares shall are to be released and delivered to Buyer pursuant to Sections 2 or Section 3 hereof, Seller Sellers may direct that, to the extent available in the Indemnification Escrow Account, such amounts be satisfied, in whole or in part, with and paid in a like amount of cash.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Sba Communications Corp)