Examples of Escrow Deposit Amount in a sentence
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”).
Not later than 5:00 p.m. (Eastern time) on the first business day immediately following the date of execution of the Escrow Agreement by all parties thereto, Purchasers shall deposit (or cause to be deposited) with the Escrow Agent an amount equal to the Escrow Deposit Amount.
TRANSACTION INFORMATION Instrument : BG , SBLC Issuing Bank : Top 25 Banks Currency : Euro/USD Age of Issue : Term : One year and one day Contract Amount : START WITH 20M Lease Fee Total : 10+4=14% Escrow Deposit Amount : EURO 150,000.00 FOR 20M-100M EURO 250,000.00 FOR 101M-250M Delivery Term : MT760 ONE WAY / NO CONFIRMATION FOLLOW.
The Escrow Agent shall apply the Government Obligations, together with all income or earnings thereon, and together with the portion of the Escrow Deposit Amount remaining uninvested, in accordance with the Section 2.2 hereof.
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”).