Equity Escrow Account definition

Equity Escrow Account means the account designated under the Equity Escrow Agreement to receive and hold the proceeds of the Preferred Equity Investment on or prior to the Closing Date to be invested in or loaned to Amerigon Germany in connection with the Acquisition and/or the Takeover Offer, as applicable, and in accordance with the terms of the Parent Credit Facility Documents.
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Equity Escrow Account means the Equity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in the Escrow Agreement.
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Equity Escrow Account means the account into which $44.7 million in cash is deposited on the date of the Existing Notes Indenture representing equity contributions made to the Partnership by HCS I, HCS II and Paddlewheels.
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Examples of Equity Escrow Account in a sentence

  • Such payment shall be deposited (without reduction for withholding Taxes) into the Management Equity Escrow Account.

  • To the extent that, following the First Merger Effective Time, any current or former SRA Employee is entitled to a payment from the Management Equity Escrow Account, Computer Sciences GS shall make such payment to such SRA Employee through its payroll net of applicable withholding Taxes subject to receipt, at least ten (10) days in advance of the date of such payment, from the Management Equity Escrow Account of the full amount of such payment.

  • For the avoidance of doubt, in the event of such forfeiture, Executive will be entitled to receive his pro rata portion of the shares of Utah Government Common Stock issuable to Company shareholders under Section 4(d) of the Management Equity Escrow Account.

  • If, immediately following the Exit Event (as defined in the Option Agreement), either or both of these performance thresholds have not been met, the Executive shall forfeit any rights in respect of the Utah Government Common Stock held in the Management Equity Escrow Account as to which either or both of the foregoing performance goals has not been met.

  • The Pledged Account Bank shall make such payment(s) in accordance with such request, pursuant to the agreement governing the Equity Escrow Account.

  • Also include the amount to be reimbursed from the Residual Receipts/Excess Equity Escrow Account and reflected on Line 222 of Form F.C.-3A.

  • The Purchasers shall pay a deposit (the “Equity Deposit”) in the amount of RMB167,000,000, representing approximately 10% of Equity Consideration A, into the Equity Escrow Account within five working days after the signing of the EFA.

  • All funds in the Equity Escrow Account shall be invested in cash or Cash Equivalents pursuant to the agreement governing the Equity Escrow Account.

  • Disbursements from the Equity Escrow Account shall not be subject to the procedures set forth herein for disbursements from the Accounts.

  • For the avoidance of doubt, if the Forfeited Consideration is less than the balance of the Equity Escrow Account, then the Forfeited Consideration shall be disbursed to the Stockholders in accordance with their Pro Rata Interests and the remainder shall be returned to Parent.


More Definitions of Equity Escrow Account

Equity Escrow Account has the meaning set forth in Section 8.20.
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Equity Escrow Account means the bank account opened in the name of the Vendor
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Equity Escrow Account means the account designated under the Equity Escrow Agreement to receive and hold the proceeds of the Preferred Equity Investment on or prior to the Closing Date to be invested in or loaned to Amerigon Germany in connection with the Acquisition and/or the Takeover Offer, as applicable, and in accordance with the terms of this Agreement.
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Equity Escrow Account means the bank account to be opened in the name of the Vendor and jointly controlled by the Vendor and Purchaser A for the purpose of holding the Total Equity Consideration or any part thereof;
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Equity Escrow Account means a special account maintained with the Pledged Account Bank in the name of HCS pursuant to an agreement between HCS and the Pledged Account Bank.
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Equity Escrow Account means the bank account opened in the name of the Vendor and jointly controlled by the Vendor and Purchaser A for the purpose of holding the total consideration for the transfer of the Sale Equity or any part thereof;
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Related to Equity Escrow Account

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • 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.

  • Escrow Accounts means (1) accounts of Parent or any Subsidiary, solely to the extent any such accounts hold funds set aside by Parent or any Subsidiary to manage the collection and payment of amounts collected, withheld or incurred by Parent or such Subsidiary for the benefit of third parties relating to: (a) federal income tax withholding and backup withholding tax, employment taxes, transportation excise taxes and security related charges, (b) any and all state and local income tax withholding, employment taxes and related charges and fees and similar taxes, charges and fees, including, but not limited to, state and local payroll withholding taxes, unemployment and supplemental unemployment taxes, disability taxes, xxxxxxx’x or workers’ compensation charges and related charges and fees, (c) state and local taxes imposed on overall gross receipts, sales and use taxes, fuel excise taxes and hotel occupancy taxes, (d) passenger facility fees and charges collected on behalf of and owed to various administrators, institutions, authorities, agencies and entities, (e) other similar federal, state or local taxes, charges and fees (including without limitation any amount required to be withheld or collected under applicable law) and (f) other funds held in trust for, or otherwise pledged to or segregated for the benefit of, an identified beneficiary; or (2) accounts, capitalized interest accounts, debt service reserve accounts, escrow accounts and other similar accounts of Parent or any Subsidiary or funds established in connection with the ARB Indebtedness.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

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

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

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

  • 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.

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

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Working Capital Escrow Amount means $2,000,000.

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

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

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

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • 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.

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

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

  • 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 hereof.