Indemnification Escrow Deposit definition

Indemnification Escrow Deposit has the meaning set forth in Section 2.5(b).
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Indemnification Escrow Deposit means $7.0 million held pursuant to the terms of the Escrow Agreement.
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Indemnification Escrow Deposit has the meaning set forth in Section 7.03.
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Examples of Indemnification Escrow Deposit in a sentence

  • Deferred RentA deferred rent liability has been recorded to reflect the benefit of lease incentives included in the office space lease.

  • Pearlyn PhauGroup Chief Executive OfficerSinglife Group CIO messageby Kim Rosenkilde Dear Policyholders, Please find enclosed our Semi-Annual ILP Funds Report for the period ended 31 December 2022.

  • For purposes of this Agreement, “Closing Payment” shall mean an aggregate amount of cash equal to (i) the Estimated Closing Purchase Price, (ii) minus the Indemnification Escrow Deposit, (iii) minus the Working Capital Escrow Deposit, (iv) minus the Closing Date Debt Amount, (v) minus the Preferred Stock Payment and (vi) minus the Option Payment.

  • In no event shall the Securityholders be required to indemnify the Buyer Indemnified Parties in respect of aggregate Losses for which indemnity is claimed under Section 10.02(d) in excess of the then-remaining portion of the Specific Indemnity Escrow Deposit Amount and, if available, the then-remaining portion of the Indemnification Escrow Deposit Amount (the “Specific Indemnity Cap”).

  • At the Closing and as security for Sellers’ indemnification obligations set forth in Article 6, Purchaser shall remit to the Indemnification Escrow Account to be held by the Escrow Agent pursuant to the Escrow Agreement the Indemnification Escrow Deposit.


More Definitions of Indemnification Escrow Deposit

Indemnification Escrow Deposit means $10,000,000.
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Indemnification Escrow Deposit means cash in an amount equal to Five Million Dollars ($5,000,000).
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Indemnification Escrow Deposit means the aggregate amount of $250,000, deposited by Buyer on the date hereof pursuant to the terms and provisions of the Escrow Agreement.
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Indemnification Escrow Deposit has the meaning set forth in Section 1.3(a)(ii).
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Indemnification Escrow Deposit means an amount equal to $4,050,000.
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Indemnification Escrow Deposit means the cash sum of $14,500,000 deposited with the Escrow Agent pursuant to Section 2.4(b)(i) and to be held and disbursed by the Escrow Agent pursuant to the terms of the Escrow Agreement.
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Related to Indemnification Escrow Deposit

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Indemnity Escrow Amount means $5,000,000.

  • Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Escrow Cash is defined in Section 4.1(a).

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Indemnity Cap has the meaning set forth in Section 8.4.3.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Indemnification Cap has the meaning set forth in Section 9.4(a).

  • Adjustment Escrow Amount means $1,000,000.

  • Escrow Obligations means (a) Government Obligations, (b) certificates of deposit issued by a bank or trust company which are (1) fully insured by the Federal Deposit Insurance Corporation or similar corporation chartered by the United States or (2) secured by a pledge of any Government Obligations having an aggregate market value, exclusive of accrued interest, equal at least to the principal amount of the certificates so secured, which security is held in a custody account by a custodian satisfactory to the Registrar or the Registrar, as the case may be, or (c)(1) evidences of a direct ownership in future interest or principal on Government Obligations, which Government Obligations are held in a custody account by a custodian satisfactory to the Registrar pursuant to the terms of a custody agreement in form and substance acceptable to the Registrar and (2) obligations issued by any state of the United States or any political subdivision, public instrumentality or public authority of any state, which obligations are fully secured by and payable solely from Government Obligations, which Government Obligations are held pursuant to an agreement in form and substance acceptable to the Registrar and, in any such case, maturing as to principal and interest in such amounts and at such times as will insure the availability of sufficient money to make the payment secured thereby.

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.