Second Escrow Amount definition

Second Escrow Amount has the meaning set forth in Section 4.2(e).
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Second Escrow Amount shall have the meaning set forth in Section 2.10(a). “Second Escrow Claim Notice” shall have the meaning set forth in Section 2.10(a). “Second Escrow Dispute Notice” shall have the meaning set forth in Section 2.10(a). “Seller” or “Sellers” shall have the meaning set forth in the Preamble.
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Second Escrow Amount means the amount of £4,000,000;”
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Examples of Second Escrow Amount in a sentence

  • Any extraordinary fees and expenses, including without limitation any fees or expenses incurred by the Escrow Agent in connection with a dispute over the distribution of the First Escrow Amount, Second Escrow Amount, Third Escrow Amount or Fourth Escrow Amount or the validity of a Claim or Claims by any Purchaser Indemnified Party, will be paid 50% by Purchaser and 50% by Seller.

  • The Escrow Amount and the Second Escrow Amount will be disbursed from the Escrow Account or the Second Escrow Account by the Escrow Agent in accordance with the terms of Section 11.6 of this Agreement, the Escrow Agreement and the Second Escrow Agreement.

  • The Initial Escrow Amount (other than the Representative Escrow Amount) and the Second Escrow Amount, together with any interest or other income earned thereon, net of any expenses and costs associated therewith (collectively, the “Escrowed Funds”), shall be applied for the payment of any indemnification obligations of the Keynote Indemnified Persons (as defined herein) pursuant to Section 2.5 and Article 8 of this Agreement and otherwise administered pursuant to the terms of the Escrow Agreement.

  • This dearth of interest is quite remarkable in the context of persisting gender inequalities in employment and the specific vulner- ability of women with regard to changes in the world of labour.

  • At Closing, the Second Escrow Amount shall be deposited in escrow pursuant to Section 3.1(c), which escrow deposit, together with the interest earned thereon as provided therein, is referred to herein as the “Second Escrow Fund.” The Second Escrow Fund shall be held as security for the purposes set forth in the Second Escrow Agreement and shall be disbursed in the manner set forth in the Second Escrow Agreement.

  • The parties agree that upon the funding of the Second Escrow Amount to the Company, Lenders shall have no additional obligation to lend any Remaining Escrowed Funds to the Company, and the Remaining Escrowed Funds shall be returned to Lenders.

  • The maximum amount of the Second Escrow Amount will therefore be S$8,450,000, representing 10% of the Actual Sale Price assuming no Adjustment Amount is deducted against the Estimated Sale Price and the Actual Sale Price amounted to S$84,500,000.

  • For the avoidance of doubt, if the First Earn-Out Payment earned (if any) is not sufficient to cover the full Second Escrow Amount, the Indemnifying Stockholders shall not be required to deposit any portion of the Second Escrow Amount except for First Earn-Out Payment actually earned and is being deposited by Parent pursuant to this Agreement.

  • The Second Escrow Amount shall be deposited with the Escrow Agent only in the event the First Earn-Out Payment (in whole or in part) is payable (and out of the First Earn-Out Payment), in accordance with the terms and conditions of the Earn-Out Payments set forth in Exhibit G.

  • A combined measure of procedural volume and outcome to assess hospital quality of colorectal cancer surgery, a secondary analysis of clinical audit data.


More Definitions of Second Escrow Amount

Second Escrow Amount shall have the meaning set forth in Section 2.10(a).
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Second Escrow Amount means US$1,680,000.
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Second Escrow Amount means an amount of cash equal to ten percent (10%) of the Total Combined Closing Payments.
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Second Escrow Amount means $23,500,000.
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Second Escrow Amount has the meaning specified on Schedule 1.1.
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Second Escrow Amount means such part of the Escrow Amount to be released to the Sellers in an amount agreed by the parties in writing on satisfaction of all the outstanding conditions precedent to the Target Entity Equity Transfer Agreements.
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Related to Second Escrow Amount

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Indemnity Escrow Amount means $5,000,000.

  • Adjustment Escrow Amount means $1,000,000.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

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

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Cash is defined in Section 4.1(a).

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

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

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

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Working Capital Escrow Amount means $500,000.

  • 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.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

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

  • 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”.

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

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.