Initial Escrow Deposit definition

Initial Escrow Deposit means the monies deposited with the Initial Escrow Agent described in Section 3.

Initial Escrow Deposit has the meaning set forth in the recitals.

Initial Escrow Deposit means the monies deposited with the Initial Escrow Agent as described in Section 3.

Examples of Initial Escrow Deposit in a sentence

• In the event of termination of this Agreement by Buyer pursuant to this Section, the Initial Escrow Deposit together with all interest accrued thereon shall be returned to Buyer and the parties shall be released and discharged from any further obligation hereunder.

• If, after the expiration of such extension period the lost or damaged property has not been fully repaired, replaced or restored to Buyer's satisfaction, Buyer may terminate this Agreement, in which event the Initial Escrow Deposit and all interest earned thereon shall be returned to Buyer and the parties shall be released and discharged from any further obligation hereunder.

• The Initial Escrow Deposit shall be held in an interest-bearing account and disbursed by Initial Escrow Agent pursuant to the terms of an escrow agreement in the form attached hereto as Exhibit 1 (the "Initial Escrow Agreement"), which Initial Escrow Agreement has been entered into by Seller, Buyer and Initial Escrow Agent simultaneously herewith.

• The Escrow Agent acknowledges receipt of an executed copy of the Stockholders' Agreement and the amount set forth opposite each Stockholder's name under the "Initial Escrow Deposit" column of Schedule A hereto (with respect to each Stockholder, such Stockholder's "Initial Escrow Deposit") from or on behalf of the Stockholders as provided in Section 9 of the Stockholders' Agreement.

• Within three (3) business days of the execution of this Agreement, Seller shall transfer the Initial Escrow Deposit into the escrow established with the Title Company and Purchaser shall deposit with Title Company the additional amount of Two Hundred Fifty Thousand Dollars ($250,000.00) (the “Additional Escrow Deposit” and, collectively with the Initial Escrow Deposit, the “Escrow Deposit”).

More Definitions of Initial Escrow Deposit

Initial Escrow Deposit shall have the meaning given to such term in Section 3.2.

Initial Escrow Deposit has the meaning set forth in Section 2.02(b).

Initial Escrow Deposit means, as applicable, (i) in the case of the New Notes A, $9,713,180,000.00; and (ii) in the case of the New Notes B, $6,097,197,500.00.

Initial Escrow Deposit means an escrow deposit paid prior to implementation of a derivatives transaction.

Initial Escrow Deposit means cash in the amount of $250,000 to be paid into escrow by Buyer upon execution hereof by Buyer.

Initial Escrow Deposit means $10,000,000. (cd) "Insurance" shall mean any fire, product liability,

Initial Escrow Deposit means $11,800,000. (tt) "Insurance" shall mean any fire, product liability,