Cash Holdback definition

Cash Holdback has the meaning set forth in the Section 1.1.
Cash Holdback shall have the meaning ascribed to such term in Section 3.1.4.
Cash Holdback means an amount equal to $1,455,000, comprised of the Closing Cash Escrow Payment and the Earnest Money Deposit. “Cash Percentage” means 51.71%, which represents the percentage that the Cash Component makes up of the Purchase Price.

Examples of Cash Holdback in a sentence

  • Any amounts owing to the Intermediary over and above the expenses already covered will be billed to the Cash Holdback.

  • Intermediary is instructed to cover all expenses of the Investors, including general and service expenses and other billable expenses from the Cash Holdback.

  • The Intermediary shall withhold that portion of the Warrant Exercise as called for in the MOT Section III Figure 9 for Cash Holdback and Monthly and Annual Account Fee's.

  • The Cash Holdback Amount (as defined below) shall be retained by Buyer to secure the adjustments to the Consideration pursuant to Section 2.4 and the indemnification obligations in Article X.

  • At the Closing, Purchaser shall retain an amount equal to the Cash Holdback Amount for purposes of satisfying (i) the Purchase Price adjustments set forth in Section 1.3, (ii) the Additional Payment Amount, and (iii) claims pursuant to and in accordance with ARTICLE 7 of this Agreement.


More Definitions of Cash Holdback

Cash Holdback means an amount equal to $1,455,000, comprised of the Closing Cash Escrow Payment and the Xxxxxxx Money Deposit.
Cash Holdback means the *** of $4,000,000 or *** of the *** in the *** as of the Closing Date.
Cash Holdback as defined in Section 3.1.
Cash Holdback means the sum calculated in accordance with Section 2.03(a).
Cash Holdback shall have the meaning as set forth in Section 2.3(b)(i) of the Agreement.
Cash Holdback shall have the meaning set forth in Section 2.2(b)(iii) of this Agreement.
Cash Holdback means an amount in cash equal to $2,075,000 (Two Million Seventy-Five Thousand Dollars).