Initial Escrow Amount definition

Initial Escrow Amount means, upon the Closing, an aggregate of U.S.$350,000,000 (or U.S.$402,500,000 if the Over-Allotment Option is exercised in full), or U.S.$10.00 per Class A Restricted Voting Unit sold to the public;
Initial Escrow Amount has the meaning set forth in Section 2.3.1(a).
Initial Escrow Amount means $1,000,000, which shall be deposited by Purchaser with the Escrow Agent on the Closing Date pursuant to Section 3.3.

Examples of Initial Escrow Amount in a sentence

  • Initial Escrow Amount; Issuance of Escrow Receipts 4 Section 1.04.

  • On the Issue Date, the Company shall deliver the Initial Escrow Amount to the Escrow Agent for deposit into the Escrow Account against the Escrow Agent's written acknowledgment and receipt of the Initial Escrow Amount.

  • The Escrow Agent shall hold, deal with and disburse the Escrow Funds (including the Initial Escrow Amount) in accordance with the terms and conditions of this Agreement.

  • As used herein, “Available Funds” shall mean (A) the sum of (i) the Initial Escrow Amount and any funds deposited pursuant to Section 1(a)(B) and (ii) interest earned on the funds in the Escrow Account (including holdings of U.S. Government Securities), less (B) the aggregate disbursements previously made pursuant to this Agreement.

  • Initial Escrow Amount; Issuance of Escrow Receipts.................................


More Definitions of Initial Escrow Amount

Initial Escrow Amount means $50,000,000 in cash or an equivalent face amount of EIX Notes.
Initial Escrow Amount means $46,000,000 of the net proceeds received by the Company from the sale of the Senior Notes pursuant to the Purchase Agreement.
Initial Escrow Amount has the meaning specified in Recital D;
Initial Escrow Amount means, upon the Closing, an aggregate of $40,050,000 (or $46,575,000 if the Over-Allotment Option is exercised in full);
Initial Escrow Amount means U.S.$1,840,000, representing the aggregate Shareholder Escrow Amount contributed by the Shareholders;
Initial Escrow Amount has the meaning given in Condition 3.2.
Initial Escrow Amount has the meaning set forth in Section 4.2(d).