Examples of Adjustment Escrow Deposit Amount in a sentence
Buyer will deliver to the Escrow Agent an aggregate of $[ ] (the “Adjustment Escrow Deposit Amount”) at the Closing, by wire transfer of immediately available funds to a separate escrow account designated to Buyer by the Escrow Agent no later than two (2) Business Days prior to the Closing Date (the “Adjustment Escrow Account”), and upon receipt thereof, the Escrow Agent will acknowledge in writing to Buyer and Seller receipt of the Adjustment Escrow Deposit Amount.
Id. at 446, n.1. Statements by a representative that the agency has provided relief or is in the process of doing so do not constitute evidence that the appeal has been rendered moot.
Buyer shall deliver or cause to be delivered to Seller an aggregate amount in cash equal to the Estimated Purchase Price (less the Adjustment Escrow Deposit Amount), by wire transfer of immediately available funds to the account designated in writing by Seller at least two (2) Business Days prior to the Closing Date.
Each Holder further acknowledges and agrees that such Holder shall be entitled to receive distributions only with respect to the Purchase Price Adjustment Escrow Deposit Amount and the amount in the Sellers’ Representative Expense Fund if, and to the extent that, any portion of such amounts are required to be distributed to such Holder pursuant to the terms of the Merger Agreement.
At the Effective Time, Buyer will deliver, by wire transfer of immediately available funds to the Paying Agent, cash in an amount equal to the portion of the Estimated Aggregate Closing Consideration payable to the Company Shareholders in accordance with Section 1.6 (less the Purchase Price Adjustment Escrow Deposit Amount).