Adjustment Escrow Property definition

Adjustment Escrow Property means the Adjustment Escrow Units held in the Adjustment Unit Escrow Account under the Escrow Agreement, together with any interest, dividends, gains and other income paid on or otherwise accruing to such Adjustment Escrow Units, as reduced by and disbursements from the Adjustment Unit Escrow Account in accordance with the terms of this Agreement and the Escrow Agreement.
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Adjustment Escrow Property means the Adjustment Escrow Amount, together with any investment earnings and income on such amounts (the “Adjustment Escrow Earnings”).
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Adjustment Escrow Property means, at any given time, the funds contained in the Adjustment Escrow Account at that time. Buyer shall be treated as the owner of the Adjustment Escrow Property (and related interest and earnings) for income Tax purposes until such amounts are released. The Adjustment Escrow Property shall be released from the Adjustment Escrow Account in accordance with the terms of Section 2.12 and the Escrow Agreement. Active 37496756.2 16
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Examples of Adjustment Escrow Property in a sentence

  • The Escrow Agent agrees to hold in escrow, in accordance with this Escrow Agreement, (A) the Adjustment Escrow Funds (the “Adjustment Escrow Property”) and (B) the Indemnification Escrow Funds (the “Indemnification Escrow Property” and, together with the Adjustment Escrow Property, the “Escrow Property”).

  • Buyer will be treated as the owner of the Adjustment Escrow Property and the Indemnity Escrow Property (and related interest and earnings) for income Tax purposes until such amounts are released and shall receive a tax distribution with respect to any such earnings pursuant to the Escrow Agreement.

  • The Escrow Agent will hold the Indemnity Escrow Property, the Adjustment Escrow Property and the Earnout Escrow Property in separate escrow accounts, not subject to any voluntary lien, attachment, trustee process or any other judicial process of any creditor of any Company Stockholder or any creditor of a party hereto.


More Definitions of Adjustment Escrow Property

Adjustment Escrow Property means, at any given time, the funds contained in the Adjustment Escrow Account at that time, and the “Indemnity Escrow Property” means, at any given time, the funds contained in the Indemnity Escrow Account at that time. Buyer will be treated as the owner of the Adjustment Escrow Property and the Indemnity Escrow Property (and related interest and earnings) for income Tax purposes until such amounts are released and shall receive a tax distribution with respect to any such earnings pursuant to the Escrow Agreement. The Escrow Amounts will be applied by the Escrow Agent in accordance with the terms of the Escrow Agreement to pay amounts owing or payable under this Agreement, or otherwise disbursed in accordance with the terms of the Escrow Agreement.
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Related to Adjustment Escrow Property

  • Adjustment Escrow Funds means the amounts held in the Adjustment Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investments thereof, less distributions thereof in accordance with this Agreement and the Escrow Agreement.

  • 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.

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

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

  • Escrow Property has the meaning set forth in the Escrow Agreement.

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

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

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

  • 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.

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

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

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

  • 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.

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

  • Working Capital Escrow Amount means $1,000,000.

  • 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).

  • 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.

  • 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.

  • Escrowed Payment means an aggregate cash payment of up to $400,000;

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

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

  • 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 of the Plan.

  • 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”.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.