Examples of Acquisition Escrow Agreement in a sentence
The Administrative Agent shall have received the Acquisition Escrow Agreement executed and delivered by a duly authorized officer of each Person party thereto.
In relation to the Acquisition Escrow Agreement (and any other escrow agreement, to the extent applicable), the Security Agent acknowledges and agrees that it shall not take any enforcement action, or provide any instruction, in respect of the Acquisition Escrow Account, including providing any Notice of Exclusive Control (as defined therein), unless the Initial Term Loans, in accordance with Section 8.02, have been automatically accelerated or otherwise declared due and payable.
AEP shall be entitled to retain USD1 569 066 of the Purchase Consideration from the Seller, which amount is to be held in escrow with the Escrow Agent, in accordance with the Acquisition Escrow Agreement, for a maximum period of 24 months from the Effective Date, as security for any amounts which may become payable by the Seller to AEP as a result of any breaches by the Seller of its warranties and indemnities under the Acquisition Agreement.
Other than the Acquisition Agreement and the Barak Loan Agreement explained in this Circular, the other material contracts concluded by the Company within the two years prior to the Last Practicable Date are the Management Agreement, the Initial Escrow Agreement and the Acquisition Escrow Agreement, all of which are open for inspection as detailed in paragraph 12.
In accordance with the terms of the Acquisition Merger Agreement, such funds, together with additional funds sufficient to pay the consideration for the Acquisition Merger (such consideration, the "Merger Consideration"), will be deposited into another escrow account pursuant to the terms of an escrow agreement (the "Acquisition Escrow Agreement"), to be dated as of or prior to the date of the consummation of the Acquisition Merger, by and among FCI, Blue Rhino Corp.
Subject to clause (ii) of this Section 2.07(d) below, to the extent that the portion of the Acquisition Escrow Deposit Amount that the Purchaser shall be entited to claim from the Escrow Agent in accordance with the Acquisition Escrow Agreement is not sufficient to pay the full amount of the Obligations that shall become due and payable on the Acquisition Escrow Termination Date, the Borrower shall pay the Administrative Agent any deficiency on such date.
Stock Acquisition Escrow Agreement, dated as of June 28, 1996, between the Registrant, the Selling Parties and Golenbock, Eiseman, Assor & Bell, as escrow agent.
Pursuant to the Acquisition Escrow Agreement, it is expected that all such funds will be released to the Paying Agent (as defined below) for payment of the Merger Consideration simultaneously with the effectiveness of the merger of Blue Rhino LLC with and into Ferrellgas, L.P. and the Escrow Mergers (as defined below) (the date and time of the effectiveness of the Escrow Mergers being referred to herein as the "Merger Date").
It is agreed that if these shares are issued the stock certificate(s) representing these shares will be delivered to The Lebrecht Group, APLC, as escrow agent, to be held pursuant to the terms of a separate escrow agreement of even date herewith (the "Subsidiary Acquisition Escrow Agreement"), a copy of which is attached hereto as Exhibit D.
No later than June 23, 1997, Tenant will fund the Acquisition Escrow Account (as provided in the Acquisition Escrow Agreement) in the amount provided for in Section 2.5.2 of the Master Agreement.