Adjustment Escrow definition

Adjustment Escrow has the meaning set forth in Section 2.2(ii) hereof.

Adjustment Escrow means the portion of the Escrow Account designated for the Adjustment Escrow Amount to be held by the Escrow Agent in accordance with the terms of the Escrow Agreement.

Adjustment Escrow means a portion of the Escrow Fund, as such term is defined in the Escrow Agreement, in the amount of Four Hundred Thousand Dollars ($400,000).

Examples of Adjustment Escrow in a sentence

• In no event shall Buyer have any liability for a positive Adjustment Amount in excess of an amount equal to the Adjustment Escrow Amount.

• Within five (5) calendar days after the determination of the Final Closing Schedule, Buyer and Seller shall deliver a joint written instruction to the Escrow Agent instructing it to disburse all of the funds in the Adjustment Escrow Account as follows: (i) to Buyer, the amount (if any) payable to Buyer pursuant to Section 2.5(f)(i) and (ii) to Seller the remaining funds (if any) in the Adjustment Escrow Account by wire transfer of immediately available funds to an account designated by Seller.

• In addition, Xxxxx and Seller shall deliver joint written instructions to the Escrow Agent instructing the Escrow Agent to disburse the Adjustment Escrow Fund to Seller.

• At Closing, the Buyer will (in accordance with Section 1.3(b)(i)) deliver to the Escrow Agent the Adjustment Escrow Amount and the Indemnity Escrow Amount to be held in escrow pursuant to the Escrow Agreement and to be disbursed in accordance with the terms of this Agreement and the Escrow Agreement.

• In addition, on the Closing Date, the Purchaser shall deposit the Adjustment Escrow Shares and the Indemnification Escrow Shares with the Escrow Agent as set forth in Section 3.4.

More Definitions of Adjustment Escrow

Adjustment Escrow has the meaning specified in Section 2.4(a)(iv).

Adjustment Escrow. As defined in Clause 4.1.1.

Adjustment Escrow has the meaning given to it in Section 2.3 hereof.

Adjustment Escrow has the meaning set forth in Section 1.5(c) of this Agreement.

Adjustment Escrow has the meaning set forth in Section 1.6(g)(i).

Adjustment Escrow means Five Hundred Thousand Dollars ($500,000), to be held by the Escrow Agent pursuant to the terms of the Escrow Agreement pending final calculation of the Post-Closing Adjustment Amount and disbursed in accordance with the provisions of Section 2(f)(vi).

Adjustment Escrow means an amount in cash equal to $15,000,000.00, together with any interest or other earnings thereon, which amounts shall be deposited with and held by the Escrow Agent pursuant to the Escrow Agreement to secure and serve as a fund in respect of any required payment to Buyer pursuant to Section 2.4.