Escrow Sum definition

Escrow Sum has the meaning specified in Section 2.5. -----------
Escrow Sum has the meaning specified in Section 2.5.
Escrow Sum has the meaning specified in Section 2.7. -----------

Examples of Escrow Sum in a sentence

  • The Directors are of the opinion, based on the legal advice sought, that the Escrow Sum can be recovered in full.

  • In early July of 2011, the Group, through its solicitors, took out three separate writs of summons against K & L Gates, claiming for, among other things, the return of the aforementioned three sums which amounted to the Escrow Sum, plus interest and cost.

  • As the entire Escrow Sum had fallen due and became payable to the Group on 24 June 2011, despite the Group’s repeated requests to K & L Gates for the release of the Escrow Sum, the Group had not received the Escrow Sum.

  • The Escrow Sum shall be paid by the Purchaser to the Escrow Agent on the Completion Date.

  • The Company has no assets other than its share of the security deposit held by ERCU and its potential share of the Escrow Sum.


More Definitions of Escrow Sum

Escrow Sum has the meaning set forth in Section 2.3.
Escrow Sum means £1,546,691 (one million five hundred and forty-six thousand six hundred and ninety one pounds sterling).
Escrow Sum has the meaning specified in Section 2(o).
Escrow Sum shall have the meaning set forth in Section 1.04 hereof.
Escrow Sum means the amount of HK$542,463,485 (being the Consideration less the Deposit paid to the Vendors upon execution of the Sale and Purchase Agreement in accordance with its terms) to be placed under escrow in accordance with the terms of the Sale and Purchase Agreement;
Escrow Sum means the sum of S$5,000,000 taken out of the Consideration and placed into the Escrow Account;