Escrow Distribution means the amount of any distribution out of the Escrow Account to the Principals.
Escrow Distribution means the distribution by the escrow agent, on behalf of the Company, to the stockholders of the Company of the proceeds from the First Asset Sale which have been held in escrow and released pursuant to the terms and conditions of the APA and the ancillary documentation thereto, in one or more distributions, which the parties understand will total $700,000 at the closing of the First Asset Sale.
Escrow Distribution means the moving of 911 excise tax revenue to an established account by the county for PSAP use at the end of the quarter in which revenue was incurred.
Examples of Escrow Distribution in a sentence
Section 2.14(b) Escrow Distribution Date...........................
Responses will form the report of progress in achieving goals set for the planned activities for the third year of the four-year Area Plan for 2020 - 2023 (July 1, 2019 - June 30, 2023).
Section 2.14(b) Escrow Distribution Costs..........................
Any amounts not distributed as of the Final Escrow Distribution Date will be distributed in accordance with the terms of the Escrow Agreement.
Mr. Powers was one of the defendants who drafted the template contract documents, including the Escrow, Distribution, and Share Purchase Agreements, signed by each of the foreign purchasers.
More Definitions of Escrow Distribution
Escrow Distribution means each distribution of the Escrow Funds to the Paying Agent and the Surviving Company pursuant to Section 12.06.
Escrow Distribution means any distribution to a Target Stockholder or holder of Options out of the Target Stockholders Representative Escrow Fund pursuant to Exhibit F attached hereto.
Escrow Distribution shall have the meaning set forth in the recitals hereto.
Escrow Distribution means, with respect to any Seller, the Distribution Amount multiplied by such Seller’s Pro Rata Portion.
Escrow Distribution means the aggregate balance remaining in Escrow on the Survival Date less the sum of the total of all then pending and unpaid indemnity claims by Parent Indemnitees. As any pending indemnity claims referenced in the previous sentence are resolved, the Escrow Agent, after making any required payments related to such claims, shall release and deliver to Seller any amounts remaining from the amounts reserved for the released claims. Amounts payable with respect to indemnity claims resolved in favor of Parent Indemnitees shall be satisfied exclusively from the funds held in Escrow and paid to an account designated by Parent. The Escrow Agent shall make all payments due to Seller pursuant to this Section 7.2.10 to an account designated by Seller. Any earnings on the funds in the Escrow, net of escrow expenses, shall be paid to Seller, and Seller shall be responsible for all Taxes on any such earnings.
Escrow Distribution as defined in Section 10.4.1.