Equityholder Representative Escrow Amount definition

Equityholder Representative Escrow Amount means $250,000.
Equityholder Representative Escrow Amount means $250,000. “Equityholders” means the Stockholders, together with the Warrant Holders. “ERISA” means the Employee Retirement Income Security Act of 1974.

Examples of Equityholder Representative Escrow Amount in a sentence

  • An amount equal to the sum of the General Escrow Amount and the Equityholder Representative Escrow Amount shall be withheld from the aggregate cash consideration payable to the Equityholders pursuant to Sections 2.03(a) and Section 2.06(a), as applicable, and treated in accordance with this Section 2.07.

  • The Equityholder Representative Escrow Amount delivered to the Escrow Agent shall be deposited in a separate account (the “Equityholder Representative Escrow Account”) to be held in escrow to fund the out-of-pocket costs and expenses of the Equityholder Representative pursuant to the provisions of the Escrow Agreement.

  • The Equityholder Representative shall have full discretion over the Equityholder Representative Escrow Amount, and the Escrow Agent shall follow any lawful directive of the Equityholder Representative regarding the use or disbursement of all or a portion of the Equityholder Representative Escrow Amount to third parties and in amounts authorized in writing by the Equityholder Representative.

Related to Equityholder Representative Escrow Amount