Escrow Value definition

Escrow Value means Thirty-Four Million Three Hundred Seventy-Five Thousand Dollars ($34,375,000).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Escrow Value has the meaning set forth in Section 3.2(a)(v) hereof.

Escrow Value means $7,500,000.

Examples of Escrow Value in a sentence

• Upon receipt of a Joint Escrow Notice of Protected Annual Portfolio Losses pursuant to Section 14.4, the Escrow Agent shall release and distribute, in accordance with Section 16.6, no sooner than five (5) Business Days and no later than ten (10) Business Days after receipt of such Joint Escrow Notice, Escrowed Assets having an Escrow Value equal to the Protected Annual Portfolio Losses.

• However, if the aggregate market value of the Indemnity Holdback Amount is below the Minimum Escrow Value on April 26, 2006, then Seller shall deposit with the Escrow Agent by May 5, 2006 such amount of cash or shares of InPhonic Common Stock (as valued on April 26, 2006) to cause the value of the Indemnity Holdback Amount to be at least the Minimum Escrow Value.

• If the amount of Damages estimated, paid to or claimed by a Buyer Indemnified Person is greater than the Minimum Escrow Value, then no distribution shall be made to VMC upon the one (1) year anniversary, even if the amount of such Damages is less than the total value of the Escrowed Stock.

• Such holder's pro rata share of such Damages shall be determined by dividing (x) the Option Merger Value of such holder's Escrow Assumed Convertible Security immediately before the distribution in respect of Damages is made by (y) the Aggregate Escrow Value immediately before such distribution is made.

• For the purpose of compensating Parent for its Damages pursuant to this Agreement, the Parent Common Stock in the Escrow Fund shall be valued at the Closing Market Value (the "Escrow Value").

More Definitions of Escrow Value

Escrow Value means the value of the Escrowed Assets, comprised of (i) the dollar value of Escrowed Cash, (ii) the Share Value of Escrowed Shares, (iii) with respect to any Escrowed Assets replacing other Escrowed Assets, the dollar value, Share Value or Fair Market Value, as applicable, of the Escrowed Assets being replaced and (iv) with respect to all other Escrowed Assets, the Fair Market Value thereof.

Escrow Value means the value of the Escrow Shares, as determined by multiplying the number of such Escrow Shares by the Average Closing Price.

Escrow Value means, except as otherwise provided in this Agreement, (i) with respect to each Escrow Share, $38.0670(1), (ii) with respect to any Primary Escrow Security (other than an Escrow Share or the Escrow Warrant), the Escrow Value of the equivalent number of Escrow Shares as determined by CVC and the Buyer, (iii) with respect to any Secondary Escrow Security that is listed on a national exchange or Nasdaq, the average of the daily closing prices per such for the thirty (30) consecutive trading days immediately prior to the specified date, rounded to the nearest cent and ignoring the highest and lowest closing prices during such period as determined by CVC and the Buyer, and (iv) with ----------------------

Escrow Value means an amount equal to the product of (a) 0.15 multiplied by (b) the Company Indemnitor Merger Consideration Value.

Escrow Value means $120,000,000.

Escrow Value has the meaning set forth in Section 2.05(a).

Escrow Value means an amount equal to 20% of the Total Merger Consideration.