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.

Equity Escrow Account means the account into which $44.7 million in cash is deposited on the date of this Indenture representing equity contributions made to the Partnership by HCS I, HCS II and Paddlewheels.

Examples of Equity Escrow Account in a sentence

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.
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.
BAM, the VIS Shareholders and SOED Shareholders each hereby appoint the Escrow Agent to act as escrow holder for the BAM Warranty Escrow Account, the Warranty Escrow Account and the Net Equity Escrow Account (each as hereinafter defined) under the terms hereof.
For purposes of determining the number of shares of Parent Common Stock to be delivered to the Stockholders out of the Equity Escrow Account pursuant to this Section 1.8(c), the shares of Parent Common Stock shall be valued at the Parent Stock Price.
The Pledged Account Bank shall make such payment(s) in accordance with such request, pursuant to the agreement governing the Equity Escrow Account.
All funds in the Equity Escrow Account shall be invested in cash or Cash Equivalents pursuant to the agreement governing the Equity Escrow Account.
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.
The Escrow Agent hereby accepts such appointment and agrees to act as escrow holder for the BAM Warranty Escrow Account, the Warranty Escrow Account and the Net Equity Escrow Account in accordance with the terms hereof.

More Definitions of Equity Escrow Account

Equity Escrow Account has the meaning set forth in Section 8.20.

Equity Escrow Account means the bank account opened in the name of the Vendor

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;

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.