Escrow Deposit Amount definition

Escrow Deposit Amount has the meaning set forth in Section 3.3(a)(ii).
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Escrow Deposit Amount means the sum of (a) the Indemnity Escrow Deposit Amount and (b) the Purchase Price Adjustment Escrow Deposit Amount.
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Escrow Deposit Amount means three percent (3%) of the Base Purchase Price.
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Examples of Escrow Deposit Amount in a sentence

  • The Escrow Deposit Amount shall be deposited with the Escrow Agent into an interest-bearing escrow account.

  • Buyer will deliver to the Escrow Agent an aggregate of $[ ] (the “Adjustment Escrow Deposit Amount”) at the Closing, by wire transfer of immediately available funds to a separate escrow account designated to Buyer by the Escrow Agent no later than two (2) Business Days prior to the Closing Date (the “Adjustment Escrow Account”), and upon receipt thereof, the Escrow Agent will acknowledge in writing to Buyer and Seller receipt of the Adjustment Escrow Deposit Amount.

  • The Escrow Agent shall hold the Escrow Deposit Amount in accordance with the terms and conditions of an escrow agreement, by and among the Purchaser, the Shareholders and the Escrow Agent, in substantially the form attached hereto as Schedule 3.5 (the “Escrow Agreement”).

  • The Escrow Deposit Amount shall be deposited in an interest-bearing account insured by the Federal Deposit Insurance Corporation to the applicable limits (the “Escrow Account”).

  • The Escrow Letter of Credit, which shall be provided at the Closing by Purchaser to the Escrow Agent in respect of the Escrow Deposit Amount, shall be held by the Escrow Agent in an account (the “Indemnity Escrow Account”) in accordance with the terms and conditions of an escrow agreement in the form attached hereto as Exhibit G (the “Escrow Agreement”).


More Definitions of Escrow Deposit Amount

Escrow Deposit Amount means the greater of (a) the Escrow Threshold or (b) the Estimated NMB Entitlement Amount.
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Escrow Deposit Amount means an amount equal to Seven Million Five Hundred Thousand Dollars ($7,500,000).
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Escrow Deposit Amount means $10,000,000.
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Escrow Deposit Amount means $3,000,000.
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Escrow Deposit Amount means $4.4 million minus the Unvested Options Escrow Amount. “Estimated Closing Balance Sheet” is defined in Section 2.6.7(a).
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Escrow Deposit Amount shall have the meaning ascribed to such term in Section 2.6 hereof.
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Escrow Deposit Amount has the meaning specified in the recitals hereto.
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