General Escrow Fund definition
General Escrow Fund means the account into which the General Escrow Amount is deposited.
General Escrow Fund has the meaning set forth in Section 9.1(b).
General Escrow Fund has the meaning set forth in Section 2.5(b).
Examples of General Escrow Fund in a sentence
The Escrow Holdback shall be composed by i) the General Escrow Fund and ii) the Environmental Case Escrow Fund, and such funds shall remain in escrow, accrue interest, and be released as per the terms established herein and in the Escrow Agreement entered into on this date by the Parties and the Escrow Agent, attached hereto as Exhibit 3 (the “Escrow Agreement”).
More Definitions of General Escrow Fund
General Escrow Fund. General Escrow Fund" shall mean the escrow fund pursuant to which the General Escrow Amount shall be maintained for the purposes of satisfying claims brought pursuant to Section 11 of the Agreement.
General Escrow Fund means, as of any time, the General Escrow Amount, including any interest or other amounts earned thereon prior to such time, less (i) any investment losses thereon incurred prior to such time and (ii) disbursements therefrom prior to such time in accordance with this Agreement and the Escrow Agreement.
General Escrow Fund means a fund totaling Thirty-Three Million One Hundred Thousand dollars ($33,100,000) that shall be maintained as a separate account in the Escrow, which shall be established on the Closing Date.
General Escrow Fund means an amount in cash equal to $8,000,000.
General Escrow Fund is defined in Section 2.3(b).
General Escrow Fund has the meaning set forth in Section 1.4(d).
General Escrow Fund has the meaning given in Section 3(a).