Templates Corporate Business Escrow and Indemnity Holdback Terms - Alaska
Alaska Corporate Business
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ESCROW AND INDEMNITY HOLDBACK SAMPLE TERMS

Indemnity Escrow Structure

  • Amount: [$] or [X]% of Purchase Price, funded at Closing.
  • Term: [12-24] months from Closing; survival tied to general reps.
  • Claims Process: Buyer may make claims by written notice before expiry; disputed amounts remain in escrow until resolved.
  • Disbursement: Undisputed balance released to Seller upon expiry; amounts subject to open claims released per final resolution.
  • Control: Escrow Agent acts ministerially; follows joint instructions or final order; interpleader permitted if conflicting demands.

Governing Law and Forum (Tie-In)

  • These terms should follow the governing law and forum provisions in the SPA/APA and any escrow agreement; for Alaska transactions, confirm Alaska law and state/federal courts in Alaska.

[// GUIDANCE: Keep escrow agreement consistent with the SPA/APA dispute and notice provisions; match definitions of Losses, Claim Notice, and survival periods.]

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