Escrow Threshold definition

Escrow Threshold has the meaning set forth in Section 6.02(c)(i)(B) of this TMA.
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Escrow Threshold shall have the meaning given in Section 14.7(c).
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Escrow Threshold means (a) $11,100,000 minus (b) the amount, if any, agreed by Parent in its sole discretion as representing the Company’s costs of selling or winding down the National Mortgage Business that Parent had, as of the date hereof, anticipated recovering from the Escrow Fund but which amounts have been paid by Company prior to the Closing Date.
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Examples of Escrow Threshold in a sentence

  • If the Escrow Threshold decreases as a result of a reduction in the credit rating of New Ashland Inc., the occurrence of a Bankruptcy Event with respect to New Ashland Inc.

  • The process is repeated until investigators reach an agreement on a topic that being discussed.

  • Claims against the General Escrow may only be made by Purchaser after which time as there has accrued or been asserted against or by Purchaser or any of its Affiliates, obligations and/or liabilities and/or Losses aggregating an amount exceeding Five Hundred Sixty Thousand Dollars ($560,000) (the “General Escrow Threshold Amount”).

  • If the aggregate amount of all charges then under dispute pursuant to this Section 14.7 exceeds one month of monthly charges under this Agreement (the "Escrow Threshold"), then for any amounts in dispute in excess of the Escrow Threshold, Empire shall deposit such amount into an escrow account.

  • If the aggregate amount of all Revenue Sharing then under dispute pursuant to this Section 16.11(f) exceeds the greater of (i) one hundred thousand dollars ($100,000) of Revenue Sharing or (2) one-twelfth (1/12th) of the prior year's Revenue Sharing (the "Revenue Sharing Escrow Threshold"), then for any amounts in dispute in excess of the Revenue Sharing Escrow Threshold, IBM shall deposit such amount into an escrow account.

  • Section 9.1. Survival of Representations, Warranties and Covenants 58 Section 9.2. Right to Indemnification 59 Section 9.3. Escrow; Threshold; Limitations on Indemnity 60 Section 9.4. Contribution 61 Section 9.5. Indemnification Procedures 62 Section 9.6. Mitigation 65 Section 9.7. No Duplication of Losses 65 Section 9.8. Limitation on Set-off 65 Section 9.9. No Liability of Representatives 65 Section 9.10.

  • If Acquiror or Target receives any invoices for amounts in excess of said amount, it may, with Acquiror's written approval, pay such fees; provided, however, that such payment shall, if not promptly reimbursed by the Target Shareholders at Acquiror's request, constitute "Damages" recoverable under the Escrow Agreement and such Damages shall not be subject to the Escrow Threshold.

  • Any Merger Expenses in excess of $300,000 (collectively, the “Excess Merger Expenses”) which have not been reimbursed to Target prior to the Effective Time by Target’s stockholders or included in the calculation of the Merger Consideration hereunder are collectively referred to as “Indemnifiable Merger Expenses” and shall constitute Indemnifiable Damages for purposes of Section 10.2 without regard to the Escrow Threshold.

  • Except as hereinafter provided, claims against the General Escrow may only be made by Purchaser after which time as there has accrued or been asserted against or by Purchaser or any of its Affiliates, obligations and/or liabilities and/or Losses aggregating an amount exceeding Five Hundred Sixty Thousand Dollars ($560,000) (the “General Escrow Threshold Amount”).

  • Notwithstanding the foregoing, the Indemnified Persons shall be entitled to recover for, and the Escrow Threshold shall not apply as a threshold to, any Losses with respect to any breach of any representation or warranty made by Matrix in Section 2.2. Once the Escrow Threshold has been exceeded, the Indemnified Persons shall be entitled to recover all Losses in accordance with Section 7.2(a) (i.e., from the first dollar of such Losses).


More Definitions of Escrow Threshold

Escrow Threshold has the meaning set forth in Section 19.11 of the Agreement. EU Data Protection Directive means Directive 95/46/EC of the European Parliament and Council of 24 October 1995 and Directive 2002/58/EC of the European Parliament and Council of 12 July 2002, in each case as amended from time to time, and all legislation and Laws implementing such directives in any country to which the same will apply.
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Related to Escrow Threshold

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

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

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Working Capital Escrow Amount means $2,000,000.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

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

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Initial Dividend Threshold shall have the meaning specified in Section 14.04(d).

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

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

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Cap Amount shall have the meaning set forth in Section 2.3.10.

  • Adjustment Escrow Amount means $1,000,000.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Threshold means with respect to Party B: infinity.

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