Adjustment Escrow Funds definition

Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

Adjustment Escrow Funds means the amounts held in the Adjustment Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investments thereof, less distributions thereof in accordance with this Agreement and the Escrow Agreement.

Adjustment Escrow Funds means the amounts held in the Adjustment Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investments thereof, less distributions thereof in accordance with this Agreement and the Adjustment Escrow Agreement.

Examples of Adjustment Escrow Funds in a sentence

• If Buyer does not timely deliver the Closing Statement within ninety (90) days after the Closing Date, Buyer and Seller shall, pursuant to the Closing Escrow Agreement, direct the Escrow Agent to distribute all of the Purchase Price Adjustment Escrow Funds to Seller.

• Buyer agrees to place or cause to be placed the Adjustment Escrow Funds in escrow and the Escrow Agent agrees to hold and distribute such funds in accordance with the terms of this Agreement and the Purchase Agreement.

• The Escrow Agent hereby acknowledges receipt of the Adjustment Escrow Funds and agrees to hold the Adjustment Escrow Funds in a separate and distinct account (the “Escrow Account”) subject to and in accordance with the terms and conditions of this Agreement.

• Simultaneous with the execution and delivery of this Agreement, Buyer shall deposit with the Escrow Agent the Adjustment Escrow Funds in immediately available funds.

• Upon receipt of such Joint Release Instruction with respect to the Adjustment Escrow Funds, the Escrow Agent shall promptly, but in any event within two (2) Business Days after receipt of such Joint Release Instruction, disburse the Adjustment Escrow Funds in accordance with such Joint Release Instruction.

More Definitions of Adjustment Escrow Funds

Adjustment Escrow Funds means, at any given time after Closing, the funds remaining in the one or more accounts in which the Escrow Agent has deposited the Adjustment Escrow Amount in accordance with the Escrow Agreement, including remaining amounts of income actually earned.

Adjustment Escrow Funds means, as of any date of determination, the excess (if any) of the Adjustment Escrow Amount (plus any interest accrued on the Adjustment Escrow Amount) minus the sum of all distributions and other payments to any Person from the Adjustment Escrow Account on or price to such date of determination.

Adjustment Escrow Funds means the funds from time to time held by the Escrow Agent pursuant to the Escrow Agreement.

Adjustment Escrow Funds means, at any given time after Closing, the funds remaining in the one or more accounts in which the Escrow Agent has deposited the Adjustment Escrow Amount in accordance with the Escrow Agreement, including remaining amounts of income actually earned; provided, however, that the Adjustment Escrow Funds shall not include the Indemnification Escrow Funds.

Adjustment Escrow Funds has the meaning set forth in Section 2.3.

Adjustment Escrow Funds means the funds held in the Adjustment Escrow Account from time to time.

Adjustment Escrow Funds means, as of any time, the amount of the Adjustment Escrow Amount then held by the Escrow Agent pursuant to the Escrow Agreement.