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, 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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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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Examples of Adjustment Escrow Property in a sentence

  • The Escrow Agent shall promptly, but in any event within three (3) Business Days after receipt of such Joint Direction, disburse as directed, part or all, as the case may be, of the Adjustment Escrow Property (but only to the extent funds are available in the Adjustment Escrow Account) in accordance with such Joint Direction.

  • 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.

  • 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.

  • 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 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 shall release the Adjustment Escrow Property as specified in such Joint Written Instruction.


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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