Escrow Distribution definition

Escrow Distribution means the amount of any distribution out of the Escrow Account to the Representative for the benefit of the Securityholders.

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 amount of any distribution out of the Escrow Account to the Principals.

Examples of Escrow Distribution in a sentence

• The Task Force will also coordinate the work of GE with the Student Learning Outcomes Committee.

• Reference is hereby made to that certain letter agreement (the "St. Ann Escrow Distribution Agreement") dated August 6, 2002, by and among Contract Operations Planning, Inc.

• CGI and COPI signed the Amended St. Ann Escrow Distribution Agreement dated April 24, 2003, in regard to SECO's construction project in St. Missouri (the "St. Ann Project"), pursuant to which CGI is entitled to an aggregate disbursement of $300,000 from the Escrow Account (the "$300,000 Payment from the St. Ann Escrow Account").

• If the amount of Final Company Debt is less than the amount of Company Debt indicated in the Company Closing Financial Certificate, then Acquirer shall cause the full amount of such difference to be deposited in cash with the Paying Agent for further distribution to the Company Securityholders in accordance with their respective Escrow Distribution Pro Rata Shares, subject to the Company Securityholder Payment Procedures.

• Until so surrendered and exchanged, each Unit shall represent solely the right to receive the Allocable Portion of the Closing Merger Consideration attributable to such Unit (less the portion of the Representative Holdback Amount attributable to such Unit), and any Additional Merger Consideration and/or Escrow Distribution into which it was converted pursuant to Section 1.02.

More Definitions of Escrow Distribution

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.

Escrow Distribution shall have the meaning set forth in the recitals hereto.

Escrow Distribution means the distribution of the Escrow Funds pursuant to Section 8.7.

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 means each distribution of the Escrow Funds pursuant to Section 6.8 (Manner of Payment; Release of Escrow).

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 means each distribution of the Escrow Funds to the Paying Agent and the Surviving Company pursuant to Section 12.06.