Examples of Escrowed Merger Consideration in a sentence
Parent will make available to the Exchange Agent, as needed, (i) an aggregate amount of cash equal to the aggregate cash to be paid to the Stockholders hereunder and (ii) the Escrowed Merger Consideration to be held in accordance with the terms of the Escrow Agreement.
The Escrow Agreement shall provide that Parent is, for federal income tax purposes, the owner of the Escrowed Merger Consideration and is taxable on any earnings thereon.
In addition, the Purchaser will be entitled to draw up to $7,500,000 of the Escrowed Merger Consideration to fund certain post-Closing employment-related obligations of the Company and of the Company Subsidiaries on the terms provided in the Escrow Agreement.
In addition, the Purchaser will be entitled to draw on $7,500,000 of the Escrowed Merger Consideration to fund certain post-closing employment-related obligations of the Company and of the Company Subsidiaries on the terms provided in the Escrow Agreement.
At the Effective Time, the Parent shall deposit with U.S. Bank National Association or any successor escrow agent (“Escrow Agent”) appointed pursuant to the Escrow Agreement, the Escrowed Merger Consideration in accordance with Section 1.8(b)(i) hereof.
The Escrow Agent shall deposit from the Escrow Account into the first additional account (the “Healthcare Indemnity Account”) the First Tranche Healthcare Escrowed Merger Consideration.
As soon as practicable after the Effective Time, without any act of any Escrow Shareholders, Parent shall deposit $3.25 million (the "Escrowed Merger Consideration") of the Merger Consideration otherwise payable to the Escrow Shareholders with State Street Bank (the "Depositary Agent").
On the Closing Date, or the first Business Day after the Closing Date in the event that the Closing Date is not a Business Day, the Escrowed Merger Consideration shall be deposited by Parent with the Escrow Agent in an escrow account (the “Escrow Account”) established in accordance with the Escrow Agreement.
Such decrease shall be applied first to the Other Escrowed Merger Consideration.
The availability rate of rural water facilities in the Northern Zone would increase from 83.5 percent in 2008 to 87.5 percent in 2015.