Deposit Escrow Amount definition

Deposit Escrow Amount has the meaning set forth in Section 2.1.

Deposit Escrow Amount means $250,000.

Deposit Escrow Amount means $10,000,000.

Examples of Deposit Escrow Amount in a sentence

• If Purchaser does not satisfy its conditions to Closing and consummate the Transaction within three (3) Business Days, Purchaser shall forfeit the entire Deposit Escrow Amount to the Seller.

• Upon the final release of all of the Deposit Escrow Amount pursuant to the terms of this Agreement and the Escrow Agreement, the Escrow Agreement shall automatically terminate.

• At the Closing, the Deposit Escrow Amount shall be used to satisfy a portion of the payment obligations of Purchaser pursuant to Section 2.9(c), otherwise the Deposit Escrow Amount shall be released to Purchaser or the Seller pursuant to Section 2.9(c).

• The Deposit Escrow Amount shall be held in trust for the benefit of the Seller and shall not be subject to any encumbrance, attachment, trustee process or any other judicial process of any creditor of any party hereto, and shall be held and disbursed solely for the purposes of and in accordance with the terms of this Agreement and the Escrow Agreement.

More Definitions of Deposit Escrow Amount

Deposit Escrow Amount means $2,000,000.

Deposit Escrow Amount means $50,000.

Deposit Escrow Amount means $1,250,000.

Deposit Escrow Amount means $175,000.

Deposit Escrow Amount has the meaning specified in Section 2.03(b) of this Agreement.

Deposit Escrow Amount. As defined in Section 2.02(a).

Deposit Escrow Amount has the meaning given in Clause 7.1;