Escrowed Payment definition

Escrowed Payment means an aggregate cash payment of up to $1,100,000.00 which is the Purchase Price as defined in the Subscription Agreement;

Escrowed Payment means an aggregate cash payment of up to $250,000;

Escrowed Payment means an aggregate cash payment of up to $1,500,000 which is, collectively, the Initial Closing Purchase Price and Second Closing Purchase Price;

Examples of Escrowed Payment in a sentence

• The Escrowed Payment shall not be held in an interest bearing account nor will interest be payable in connection therewith.

• The Company and the Purchaser reaffirm their agreement to abide by the terms and conditions of this Agreement with respect to the release of the Escrowed Payment.

• The Company and the Purchaser acknowledge that the only terms and conditions upon which the Escrowed Payment are to be released from escrow are as set forth in Sections 3 and 4 of this Agreement.

• Any dispute with respect to the release of the Escrowed Payment shall be resolved pursuant to Section 4.2 or by written agreement between the Company and Purchaser.

• The broker for the Third Closing Subscribers will receive an additional $20,000 which will be payable on the Closing Date out of the Escrowed Payment (as described in the Escrow Agreement).

More Definitions of Escrowed Payment

Escrowed Payment means $5,000,000.

Escrowed Payment means $2,000,000.

Escrowed Payment means the sums set forth on Schedule A hereto.

Escrowed Payment means an aggregate cash payment of up to $600,000;

Escrowed Payment means an aggregate cash payment of up to $1,500,000;

Escrowed Payment means an aggregate cash payment of up to $6,000,000 which is the Purchase Price;

Escrowed Payment means $3,000,000.