Escrow Sum definition

Escrow Sum has the meaning specified in Section 2.5. -----------

Escrow Sum has the meaning specified in Section 2.5.

Escrow Sum has the meaning specified in Section 2.7. -----------

Examples of Escrow Sum in a sentence

• The Sellers and Buyer agree that each will execute and deliver such reasonable instruments and documents as are furnished by any other party to enable such furnishing party to receive those portions of the Escrow Sum to which the furnishing party is entitled under the provisions of the Escrow Agreement and this Agreement.

• Such monies (which, together with all interest accrued thereon, is hereinafter referred to as the "ESCROW SUM") shall be held pursuant to the terms of the Escrow Agreement for payment from such Escrow Sum of the amounts, if any, owing by Seller to Global pursuant to Section 2.8 or Article VIII below.

• Seller and Global agree that each will execute and deliver such reasonable instruments and documents as are furnished by any other party to enable such furnishing party to receive those portions of the Escrow Sum to which the furnishing party is entitled under the provisions of the Escrow Agreement and this Agreement.

• Sellers and Global agree that each will execute and deliver such reasonable instruments and documents as are furnished by any other party to enable such furnishing party to receive those portions of the Escrow Sum to which the furnishing party is entitled under the provisions of the Escrow Agreement and this Agreement.

• At the conclusion of the period ----------- ending on the first anniversary of the Closing Date (such period being referred to herein as the "ESCROW PERIOD"), such remaining portion of the Escrow Sum not theretofore claimed by or paid to Global in accordance with the terms of the Escrow Agreement and this Agreement shall be disbursed to Seller.

More Definitions of Escrow Sum

Escrow Sum has the meaning set forth in Section 2.3.

Escrow Sum means the balance of the Escrow Account from time to time.

Escrow Sum means £1,546,691 (one million five hundred and forty-six thousand six hundred and ninety one pounds sterling).

Escrow Sum has the meaning specified in Section 2(o).

Escrow Sum shall have the meaning set forth in Section 2.6;

Escrow Sum means the sum of $1,032,410 in cash together with $1,140,000 of Consideration Shares to be deposited in the Escrow Account pursuant to clause 5, or such principal sum as shall remain in the Escrow Account from time to time;

Escrow Sum means £1,000,000 and after Completion, the balance of such sum held in the Escrow Accounts for the time being after any payments made from such account in accordance with the terms of this Agreement and deduction of any bank charges debited to the Escrow Account;