Placed in Escrow definition

Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (iii) where Schedule 9.1 (Financial and Other Consequences of Change) and Schedule 9.2 (Identity of the Financial Model) apply, the inputs to the Financial Model derived therefrom following an audit of a Run of the Financial Model; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (iii) where Schedule 9.1 (Financial and Other Consequences of Change) and Schedule 9.2 (Identity of the Financial Model) apply, audited following a Run of the Financial Model and updated with any Revised Inputs; and (c) in respect of the Record of Assumptions, delivery thereof, each in accordance with Schedule 9.2 (Identity of the Financial Model);
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Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and in respect of the Record of Assumptions, delivery thereof; and (c) in respect of any Change Model, delivery of (i) the Change Model audited following a Run of the Change Model and populated with Baseline Inputs and Change Inputs; and (ii) its related Change Operational Model, each in accordance with Schedule 9.2 (Identity of the Financial Model etc.);
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Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and audited following a Run of the Financial Model and updated with any Revised Inputs; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (c) the inputs to the Financial Model derived therefrom following an audit of a Run of the Financial Model; and (d) in respect of the Record of Assumptions, delivery thereof; each in accordance with Schedule 9.2 (Identity of the Financial Model etc.);
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Examples of Placed in Escrow in a sentence

  • Upon execution of a variation agreement in accordance with paragraph 8.5 of this Schedule 18.1, the Franchisee shall provide the Secretary of State with an IOC Modelling Suite which has been amended as agreed or determined in accordance with this paragraph 8 and an IOC Record of Assumptions reflecting the amended IOC Modelling Suite each of which shall be Placed in Escrow.

  • INVESTMENT OF PROCEEDS AND PAYMENT OF INTEREST 22 6.1 Escrowed Proceeds to be Placed in Escrow 22 6.2 Investment of Escrowed Subscription Funds 22 6.3 Segregation of Escrowed Subscription Funds and Earned Interest 23 6.4 No Liability 23 7.

  • Receipt of form LCC-3014 (Request and Notice of License to Be Placed in Escrow).

  • In clarification of the guidance from “Division of Corporation Finance: Frequently Requested Accounting and Financial Reporting Interpretations and Guidance” in regard to the “Accounting for Shares Placed in Escrow in Connection with an IPO referred to in your response,” shares returned to those that contributed them into escrow that are considered to be passive investors potentially may not be considered compensatory.

  • In the event CUTWATER terminates this Agreement, rental payments will be prorated and any excess shall be refunded after the deduction of impound fees, costs incurred by CUTWATER, and any other amounts owed to CUTWATER by Owner.

  • In this phase devices are tested in a simple topology in order to ferret out any glaring interoperability problems before inclusion in the larger fabric later [9].The second phase of testing utilizes all of the devices that passed the screening phase and devices are configured.

  • By: /s/ Vincent DiSpigno ------------------------------------ Name: Vincent DiSpigno Title: Pxxxxxxxx Xxxxxr of Shares of STOCKHOLDERS: Common Stock Placed in Escrow TRAUTMAN WASSERMAN HOLDING XXXPXXX, XXX.

  • Mitigation(contd.) Bond Proceeds Placed in Escrow and Released Based on Business Committed to Open or Open Bonds Sized on Commitment to Open w.

  • Xxxxxx Vice President EXHIBIT A Number of Units Name of Security Holder Originally Placed in Escrow* ----------------------- ---------- ----------------- Xxxxxxx X.

  • Xxxxx Xxxx Ste 204 Street Address Irving TX 76053 City State Zip Code Telecopy No.: (000) 000-0000 Taxpayer Identification Number: 00-000-0000 SCHEDULE A SCHEDULE OF SELLERS Name and Address of Seller Membership Percentage Interest Cash Consideration Paid to Seller at Closing* Stock Consideration Paid to Seller at Closing* Stock Consideration Placed in Escrow Goonbottled Entertainment, Inc.


More Definitions of Placed in Escrow

Placed in Escrow means the delivery of the Financial Model and the Financial Model Data Book in accordance with Paragraph 1.1 of Part F (Identity of the Financial Model) of Schedule 8 (Variations) together with the information required pursuant to Paragraph 1.2 of Part F (Identity of the Financial Model) of Schedule 8 (Variations);
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Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and
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Placed in Escrow has the meaning given to it in paragraph 6.1 of Schedule 1.5 (Information about Passengers); means:
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Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (iii) where Part A of Schedules 9.1 and 9.2 applies, audited following a Run of the Financial Model and updated with any Revised Inputs; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (iii) where Part A of Schedules 9.1 and 9.2 applies, the inputs to the Financial Model derived therefrom following an audit of a Run of the Financial Model; and (c) in respect of the Record of Assumptions, delivery thereof; and (d) where Part B of Schedules 9.1 and 9.2 applies, in respect of any Change Model, delivery of (i) the Change Model audited following a Run of the Change Model and populated with Baseline Inputs and Change Inputs; and (ii) its related Change Operational Model, each in accordance with Schedule 9.2 (Identity of the Financial Model etc.);
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Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date or actual Combined Effective Date (as appropriate) and the date assumed to be the Start Date or the Combined Effective Date in the Initial Business Plan; and (iii) where Schedules 9.1 (Financial and Other Consequences of Change) and 9.2 (Identity of Financial Model etc.) apply, audited following a Run of the Financial Model and updated with any Revised Inputs; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date or the actual Combined Effective Date (as appropriate) and the date assumed to be the Start Date or the Combined Effective Date (as appropriate) in the Initial Business Plan; and (iii) where Schedules 9.1 (Financial and Other Consequences of Change) and 9.2 (Identity of Financial Model etc.) apply, the inputs to the Financial Model derived therefrom following an audit of a Run of the Financial Model; and (c) in respect of the Record of Assumptions, delivery thereof, each in accordance with Schedule 9.2 (Identity of the Financial Model etc.);
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Placed in Escrow in accordance with the terms of paragraph 3 of the Intellectual Property Agreement; and
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Related to Placed in Escrow

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Escrow Payments With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

  • Escrowed Payment means an aggregate cash payment of up to $250,000;

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

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

  • Escrow means any transaction in which any escrow property is delivered with or without transfer of legal or equitable title, or both, and irrespective of whether a debtor-creditor relationship is created, to a person not otherwise having any right, title or interest therein in connection with the sale, transfer, encumbrance or lease of real or personal property, to be delivered or redelivered by that person upon the contingent happening or non-happening of a specified event or performance or nonperformance of a prescribed act, when it is then to be delivered by such person to a grantee, grantor, promisee, promisor, obligee, obligor, bailee or bailor, or any designated agent or employee of any of them. Escrow includes subdivision trusts and account servicing.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • the Deposit means 10% of the Purchase Price;

  • Designated Disbursement Account means the account of the Borrower maintained with the Administrative Agent or its Affiliate and designated in writing to the Administrative Agent as the Borrower’s Designated Disbursement Account (or such other account as the Borrower and the Administrative Agent may otherwise agree).

  • Closed-End Funds has the meaning set forth in Section 2.1(b).

  • Delinquent Account means an account with charges for electric services that remain unpaid at least 5 days after the due date.

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.