Escrow Percentage definition

Escrow Percentage means 15%.

Escrow Percentage has the meaning set forth in Section 2.12.

Escrow Percentage means fifty percent (50%).

Examples of Escrow Percentage in a sentence

• Subject to the provisions of Article VIII and in accordance with the terms of the Escrow Agreement, Purchaser shall cause the Agent to deliver, within seven (7) days following the Indemnification Expiration Date, to each Seller such Seller’s Escrow Percentage of the amount then remaining in the Total Escrow Consideration without interest.

• All Escrowed Shares shall be deemed to be owned by the Holders in accordance with their Escrow Percentage Interests and the Holders shall be entitled to vote the same; provided, however, that there shall also be deposited in escrow and held by the Escrow Agent, subject to the terms of this Article VIII, all shares of Parent Common Stock issued as a result of any non-taxable stock dividend or stock split, with respect to the Escrowed Shares.

• If monies are not sufficient to fund all applicants with the same Graduation Percentage, HUD will fund eligible applicants in order starting with those that have the highest Positive Escrow Percentage first.

• The Stockholders' Representatives shall have full power and authority to act on behalf of the holders of the Escrow Percentage Interests with respect to all matters relating to the Escrowed Shares and the Escrow Agreement.

• The Holder Representative shall have the right, but not the obligation, exercisable in its sole discretion, to distribute to the Pre-Closing Holders at any time such Pre-Closing Holder’s Escrow Percentage of the Holder Representative Expenses Amount.

More Definitions of Escrow Percentage

Escrow Percentage means the quotient obtained by dividing (A) the Escrow Cash by (B) the sum of Total Merger Consideration and the Aggregate Exercise Price.

Escrow Percentage means to seventy-five percent (75%).

Escrow Percentage means, with respect to each Closing Consideration Recipient, the percentage set forth opposite the name of such Closing Consideration Recipient under the heading “Escrow Percentage” on the Closing Consideration Schedule, which percentages shall equal 100%.

Escrow Percentage means the quotient, expressed as a percentage, obtained by dividing (A) the Escrow Amount by (B) the Merger Consideration.

Escrow Percentage means the quotient obtained by dividing (i) the Escrow Cash, by (ii) the difference of (A) the Aggregate Stockholder Payments less (B) the Option Proceeds.

Escrow Percentage means, with respect to each Securityholder, the percentage set forth opposite such Securityholder’s name on the Allocation Schedule under the heading “Escrow Percentage,” which percentage is equal to (i) the proceeds payable to such Securityholder pursuant to Section 2.6(c)(i), Section 2.7(a) and Section 2.8(a)(i) divided by (ii) the Aggregate Upfront Merger Consideration.

Escrow Percentage means the applicable percentage set forth in the Closing Spreadsheet.