Escrow Expiration Date definition

Escrow Expiration Date is defined in Section 9.1(a).

Escrow Expiration Date means the date that is the sixth anniversary of the Effective Date; provided, however, that (i) if, prior to such date, there has been any judgment granted or entered in favor of WMI or its subsidiaries (including the Keystone Entities after the Effective Time), then the Escrow Expiration Date shall be automatically extended to the earlier of the tenth anniversary of the Effective Date and the date upon which the number of Escrow Shares equals zero and (ii) if, prior to such sixth anniversary or any extension pursuant to clause (i) of this definition, there has been any settlement or final nonappealable judicial resolution of the Case involving two or more Installments, then the Escrow Expiration Date shall not occur until all such Installments have been paid.

Escrow Expiration Date means December 13, 2011.

Examples of Escrow Expiration Date in a sentence

• After the Escrow Expiration Date, any Escrow Property remaining in the Escrow Account that is not subject to Pending Claims, if any, and not subject to resolved but unpaid claims in favor of an Indemnified Party, shall be transferred by the Escrow Agent to the Seller.

• Subject to claims against the Escrow Fund as hereinafter provided, the term of this Escrow Agreement shall terminate upon the earlier of (a) the date on which the Escrow Fund shall have been reduced to zero; (b) the date on which the Company shall have repaid all of the Escrow Notes from any source of funds whatsoever; and (c) August 25, 2003 (the "Escrow Expiration Date").

• Until the Escrow Expiration Date, no delay on the part of a Company Indemnified Party in delivering a Notice of Claim with respect to claims under Section 7.2(b) for breach of Company representations and warranties that are not Fundamental Company Representations shall relieve any Indemnifying Securityholder (each an “Indemnifying Party”) from any of its respective obligations under this Article VII unless (and then only to the extent that) the Indemnifying Party is prejudiced thereby.

• Notwithstanding anything contained herein to the contrary, any Claims for Company Losses specified in any Notice of Claim delivered to the Holders’ Agent prior to expiration of the Escrow Expiration Date shall remain outstanding until such Claims for Losses have been resolved or satisfied, notwithstanding the passage of the Escrow Expiration Date.

• Promptly after the Escrow Expiration Date, and except as set forth below, the Escrow Agent shall deliver to the Securityholders the remaining portion of the Escrow Fund after the satisfaction of any Losses.

More Definitions of Escrow Expiration Date

Escrow Expiration Date has the meaning set forth in Section 9.7.

Escrow Expiration Date as defined in Section 2.2.

Escrow Expiration Date means September 30, 2013.

Escrow Expiration Date has the meaning set forth in Section 3.8(a).

Escrow Expiration Date is defined in Section 8.5.

Escrow Expiration Date means the date that is twelve (12) months following the Closing Date.

Escrow Expiration Date means (a) prior to the Asset Purchase Closing (and, for the avoidance of doubt, if the Asset Purchase Closing does not occur and the Asset Purchase Agreement terminates in accordance with its terms), the Survival Date (or the next business day, if the Survival Date is not a business day) and (b) on and after the Asset Purchase Closing, the “Escrow Expiration Date”, as defined in the Asset Purchase Agreement.