Additional Escrow Amounts definition

Additional Escrow Amounts means the additional escrow amounts (other than the Indemnity Escrow) as set forth in Schedule 6.8.
Sample 1Sample 2
Additional Escrow Amounts means the amounts generated as interest and other earnings from the deposits in the Escrow Account and includes interest and other earnings generated from the deposits in the Additional Escrow Account.
Sample 1
Additional Escrow Amounts means the additional escrow amounts (other than the Indemnity Escrow) as set forth in Schedule 6.8. “Adjustment Amount” has the meaning set forth in Section 2.6(c).
Sample 1

Examples of Additional Escrow Amounts in a sentence

  • Notwithstanding the foregoing, the release of the Additional Escrow Amounts shall be governed by Section 6.1 and Section 6.8 and the terms of the Escrow Agreement.

  • The Purchasers shall pay the Estimated Purchase Price on the Closing Date as set forth on the Estimated Closing statement, which shall include a payment to or for at least all of the following prior to Sellers receiving any funds: (a) first, to the Escrow Agent, the Indemnification Escrow Amount plus the Additional Escrow Amounts and (b) second, as required to pay off all obligations under the CIT Loan Documents.

  • Except as the Association shall otherwise agree, procurement of the goods and services required for Parts A.2 and A.3 of the Project and to be financed out of the Additional Escrow Amounts shall be governed by Section 2.02 of the Project Agreement.

  • The Closing Escrow Amount, together with any Additional Escrow Amounts deposited from time to time with Escrow Agent, and any interest and income earned thereon are herein together referred to as “Escrow Funds”.

  • As mentioned in a preceding section, RSA 564:23 II expressly negates spendthrift trust protection for “…a beneficiary’s interest in a trust to the extent that the beneficiary is the settlor and the trust is not a special needs trust established [under 42 U.S.C. § 1396p(d)(4)] for a person with disabilities”.

  • The Additional Escrow Amounts or any part thereof shall, until the expiry of the First GF Closing Date, be used only for: (a) the provision of guarantees to Guarantee Holders on a revolving basis under the Guarantee Facility; or (b) Payment on account of Losses; or (c) expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for Parts A.2 and A.3 of the Project.


More Definitions of Additional Escrow Amounts

Additional Escrow Amounts means the amounts generated as interest and other earnings from the deposits in the Escrow Account and includes interest and other earnings generated from the deposits in the Additional Escrow Account;
Sample 1

Related to Additional Escrow Amounts

  • Indemnity Escrow Amount means $3,000,000.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

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

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

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

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

  • 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 interest or other amounts earned thereon.

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

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Escrow Deposit has the meaning set forth in Section 2.1.

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

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

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

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

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

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

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

  • 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.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Working Capital Escrow Amount means $2,000,000.

  • Indemnification Escrow Agreement means an agreement in substantially the form attached hereto as Exhibit B, between the Escrow Participant, the Escrow Agent and the Purchaser with respect to the Indemnification Escrow Shares to reflect the terms set forth in Section 10.3.

  • 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.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.