Indemnity Escrow Expiration Date definition

Indemnity Escrow Expiration Date shall have the meaning set forth in Section 9.3(b)(i).
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Indemnity Escrow Expiration Date means August 15, 2024.
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Indemnity Escrow Expiration Date has the meaning set forth in Section 7.11 (Indemnity Escrow Fund).
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Examples of Indemnity Escrow Expiration Date in a sentence

  • Furthermore, Australia provides transparent and publicly accessible data on which ships are granted permits to access cabotage markets, and whether or not those permits are used.

  • Upon the Indemnity Escrow Expiration Date, the Escrow Agent shall distribute the remainder of any Indemnity Escrow Funds, less any portion of the Indemnity Escrow Funds made for Claims and any reserves for unresolved Claims, to the Target Stockholders in accordance with Section 4.4.

  • If, on Indemnity Escrow Expiration Date, there are any claims pursuant to a Claim Notice pending, Escrow Agent shall (i) retain and continue to hold in accordance with the terms hereof, the aggregate amount of the Indemnity Escrow Deposit being reserved against such claims, determined in accordance with the Claim Notice(s) received by Escrow Agent from Merit under Section 4(a), and (ii) remit the remaining balance of the Indemnity Escrow Deposit along with all interest and earnings thereon to NPDC.

  • Prior to the Indemnity Escrow Expiration Date, Acquiror shall promptly, and in any event no later than five (5) business days following the event requiring disbursement, provide written notice in accordance with Section 7.3 below instructing the Escrow Agent to disburse Indemnity Escrow Funds to the Target Stockholders in accordance with Section 4.4 to the extent required by and in accordance with Section 9.9(b)(ii) of the Merger Agreement.

  • Merit agrees to give an Indemnity Escrow Expiration Date notice to Escrow Agent promptly upon satisfaction of the conditions precedent set forth in this Section 4(b).


More Definitions of Indemnity Escrow Expiration Date

Indemnity Escrow Expiration Date means the one (1) year anniversary of the Closing Date.
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Indemnity Escrow Expiration Date means the 15-month anniversary of the Closing Date.
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Related to Indemnity Escrow Expiration Date

  • Indemnity Escrow Amount means $3,000,000.

  • 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 Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

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

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

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

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Escrow End Date has the meaning specified in the Escrow Agreement.

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Indemnification Escrow Agreement means an agreement in substantially the form attached hereto as Exhibit B, between the Escrow Participant, the Escrow Agent and the Purchaser with respect to the Indemnification Escrow Shares to reflect the terms set forth in Section 10.3.

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

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

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

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • 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 interest or other amounts earned thereon.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

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

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

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

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

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

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

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