Holdback Fund definition

Holdback Fund means the Holdback Shares and any Additional Holdback Shares relating thereto, held by RDSI and governed by the terms set forth herein.

Holdback Fund has the meaning specified in Section 8.3.

Holdback Fund means the Holdback Amount deposited by Buyer in a separate interest bearing account of Buyer solely for that purpose, together with any interest or earnings thereon.

Examples of Holdback Fund in a sentence

• Within three business days after the date of expiration of the Indemnification Holdback Claim Period, the Indemnification Holdback Fund, less any amount determined pursuant to the previous sentence, shall be paid by the Purchaser to the Seller.

• Such employee files as necessary for the efficient management of the District shall be kept 4 by the Department of Human Resources, and/or at an employee's job site.

• The period during which claims for indemnification from the Indemnification Holdback Fund may be initiated shall commence on the Closing Date and terminate at 5:00 p.m., Pacific Time, on December 31, 2014 (the “Indemnification Holdback Claim Period”).

• A Purchaser Indemnitee shall be paid from the Indemnification Holdback Fund the amount of any Damage for which it has been finally determined in accordance with Part 10.9(d) of the Disclosure Letter that such Purchaser Indemnitee is entitled to indemnification pursuant to this Section 8, promptly after such final determination.

• Any Defendant that is not prohibited from doing so under Section 8.3.7 may draw funds from the Holdback Fund to pay (a) judgments and (b) settlements, in each case for any Released Claim brought by any Person that is not a Plaintiff.

More Definitions of Holdback Fund

Holdback Fund shall have the meaning ascribed to such term in Section 3.1(b).

Holdback Fund has the meaning set forth in Section 1.9 of this Agreement.

Holdback Fund has the meaning set forth in Section 1.2(c).

Holdback Fund means, as any time of determination, a number of shares of Buyer Common Stock equal to (a) the Holdback Shares less (b) if a positive number, the Final Closing Adjustment. “Holdback Shares” means 130,526 shares of Buyer Common Stock.

Holdback Fund means the Holdback Payment, together with any accrued interest thereon.

Holdback Fund means the Holdback Shares and Additional Shares held by the Holdback Agent pursuant to Section 9 below.

Holdback Fund means the Holdback Fund created and established by the Indenture. “Improvements” shall mean, as of the Closing Date or at any time thereafter, any structures (other