Escrow Holdback Agreement definition

Escrow Holdback Agreement has the meaning set forth in Section 4.7(e).
Escrow Holdback Agreement shall have the meaning given to such term in Section 14.2 hereof.
Escrow Holdback Agreement. Richmond American”). Escrow Agent shall disburse to Purchaser monthly from the Holdback Account – Richmond American, the sum of Forty Five Thousand Six Hundred One and 02/100 Dollars ($45,601.02) (the “Monthly Disbursement”), representing the monthly rent under the Master Lease – Richmond American. If, in accordance with the terms of the Master Lease – Richmond American, Purchaser or Seller leases all or a portion of the Richmond American space to a Replacement Tenant and such Replacement Tenant commences the payment of rent, Purchaser and Seller shall provide written notice thereof to Escrow Agent. If the minimum monthly rent or base rent payable by such Replacement Tenant pursuant to a Replacement Lease exceeds the Monthly Disbursement, such notice shall instruct the Escrow Agent to disburse the balance of the Holdback Funds – Richmond American to Seller. If the minimum monthly rent or base rent payable by such Replacement Tenant pursuant to a Replacement Lease is less than the Monthly Disbursement, such notice shall instruct Escrow Agent to reduce the Monthly Disbursement to Purchaser by the amount payable by the Replacement Tenant.

Examples of Escrow Holdback Agreement in a sentence

  • The Holdback shall be held and disbursed by Escrow Holder in compliance with an Escrow Holdback Agreement to be executed and delivered at Closing by Buyer, Seller and Escrow Holder in the form attached hereto as Exhibit E (the “Post-Closing Escrow Agreement”).

  • The Escrow Holdback Agreement referenced in this Agreement is one and the same agreement as the Escrow Holdback Agreement referenced in the Asset Purchase Agreement.

  • To secure post-closing obligations under the Agreement (and any of the documents executed by Seller and delivered at Closing), at Closing, Seller shall deposit funds in an amount equal to the Claim Cap ($5,000,000), with Escrow Agent, to be held pursuant to an Escrow Holdback Agreement for the Survival Period (6 months).

  • The delivery of high quality housing and improvements to London’s existing homes will promote improved health and wellbeing.

  • There shall be a Board to be known as the Classification Appeal Board, consisting of a Chairperson and members to be appointed by the Lieutenant-Governor in Council to serve for a period of one year in the first instance, subject to extension for further periods at the discretion of the Lieutenant-Governor in Council.

  • Seller, Purchaser and Escrow Agent have executed this Escrow Holdback Agreement as of the date first written above.

  • At Closing, Seller will assign to Buyer -------------------------- all of its right, title and interest in and to that certain Escrow Holdback Agreement dated November 3, 1994 by and between Seller, Westlake Village Associates, and First American Title Insurance Company, as modified by that certain letter dated May 5, 1995 from Seller to First American Title Insurance Company and Resolution Trust Corporation.

  • At the closing, both Virginia and the Buyers signed an Escrow Holdback Agreement detailing that arrangement.

  • Cardinal Colwich has entered into that certain Indemnity and Escrow Holdback Agreement dated on or about the date of this Agreement (the “Holdback Agreement”) with Creative Planning Business Alliance, LLC (the Receiver for Element, LLC) and the Kansas Title Company to cover and escrow funds to satisfy any Kansas Plant Search Outage Exception which is discovered by the Kansas Title Company when it is able to conduct a search of the records it is unable to search due to the Search Outage.

  • The Holdback shall be held and disbursed by Escrow Agent in compliance with an Escrow Holdback Agreement to be executed and delivered at Closing by Buyer, Seller and Escrow Holder in the form attached hereto as Exhibit E (the “Post-Closing Escrow Agreement”).


More Definitions of Escrow Holdback Agreement

Escrow Holdback Agreement shall have the meaning given to such term in Section 18(a) hereof.
Escrow Holdback Agreement. That certain Escrow Holdback Agreement by and among Buyer, Seller, LAWYERS TITLE INSURANCE CORPORATION, a Nebraska corporation, as Escrow Agent thereunder and the other parties thereto, in substantially the form attached hereto as Exhibit A-1. Existing Manager: Good Neighbor Care Centers LLC, an Oregon limited liability company. GAAP: Generally accepted accounting principles as applied in the United States.

Related to Escrow Holdback Agreement

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

  • Escrow Deposit Agreement means the agreement provided for in Section 4.02(a) of this Resolution.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow means any transaction in which any escrow property is delivered with or without transfer of legal or equitable title, or both, and irrespective of whether a debtor-creditor relationship is created, to a person not otherwise having any right, title or interest therein in connection with the sale, transfer, encumbrance or lease of real or personal property, to be delivered or redelivered by that person upon the contingent happening or non-happening of a specified event or performance or nonperformance of a prescribed act, when it is then to be delivered by such person to a grantee, grantor, promisee, promisor, obligee, obligor, bailee or bailor, or any designated agent or employee of any of them. Escrow includes subdivision trusts and account servicing.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Escrow Cash is defined in Section 4.1(a).

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Escrow End Date has the meaning set forth in the Escrow Agreement.

  • Escrow Property has the meaning set forth in the Escrow Agreement.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Disbursement Agreement means, on any date, the Disbursement Agreement, as originally in effect on the Closing Date, among the Borrower, Holdings, the Administrative Agent, the Discount Note Indenture Trustee, the Disbursement Agent, the Servicing Agent and the Securities Intermediary and as thereafter from time to time amended, supplemented, amended and restated or otherwise modified.

  • Indemnity Escrow Amount means $3,000,000.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Agent has the meaning set forth in Section 2.3.