Instructions to Escrow Agent. In the event of a determination that a payment is due to any Seller Indemnified Party, the Purchaser and the Sellers' Representative shall issue joint written instructions to the Escrow Agent to distribute a portion of the Indemnity Escrow Fund equal to such payment.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Sleepmaster LLC), Stock Purchase Agreement (Lower Road Associates LLC)
Instructions to Escrow Agent. In the event of a determination that a payment is due to any Seller Company Indemnified Party, the Purchaser and the Sellers' Representative Company shall issue joint written instructions to the Escrow Agent to distribute a portion of the Indemnity Escrow Fund equal to such payment.
Appears in 1 contract
Sources: Asset Purchase Agreement (Lower Road Associates LLC)
Instructions to Escrow Agent. In the event of a determination that a payment is due to any Seller Indemnified PartyPurchaser Indemnitee, the Purchaser and the Sellers' β Representative shall issue joint written instructions to the Escrow Agent to distribute a portion of the Indemnity Escrow Fund equal to such payment.
Appears in 1 contract
Instructions to Escrow Agent. In the event of a determination that a payment is due to any Seller Indemnified PartyPurchaser Indemnitee, the Purchaser and the Sellers' Seller Representative shall issue joint written instructions to the Escrow Agent to distribute a portion of the Indemnity Escrow Fund equal to such payment.
Appears in 1 contract
Sources: Stock Purchase Agreement (Directed Electronics, Inc.)
Instructions to Escrow Agent. In the event of a determination that a payment is due to any Seller Indemnified Party, the Purchaser and the Sellers' Representative Company shall issue joint written instructions to the Escrow Agent to distribute a portion of the Indemnity Escrow Fund equal to such payment.
Appears in 1 contract
Sources: Asset Purchase Agreement (Lower Road Associates LLC)