Interim Escrow Release Date definition

Interim Escrow Release Date means the date that is six (6) months immediately following the Closing Date.
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Interim Escrow Release Date has the meaning set forth in Section 2.08(a).
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Interim Escrow Release Date means the date which is 12 months after the Closing Date.
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Examples of Interim Escrow Release Date in a sentence

  • Any amount withheld on account of clause (B) above on the Interim Escrow Release Date shall be subsequently released in accordance with the other provisions of this Agreement.

  • On the Interim Escrow Release Date, Buyer and Sellers’ Representative shall jointly instruct the Escrow Agent to disburse to Sellers’ Representative (for further distribution to the Sellers in accordance with the provisions of Schedule I hereto) from the Escrow Account the Interim Escrow Release Amount by wire transfer of immediately available funds in accordance with the wire transfer instructions designated in writing by the Sellers’ Representative.


More Definitions of Interim Escrow Release Date

Interim Escrow Release Date means the business day following the date the final Closing Date Balance Sheet adjustment payments are made pursuant to Section 1.3(e) of the Purchase Agreement.
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Related to Interim Escrow Release Date

  • Escrow Release Date has the meaning set forth in the Escrow Agreement.

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

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

  • Collateral Release Date has the meaning given that term in Section 8.10.(b).

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

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

  • Release Date means the date on which the Initial Shares are disbursed from escrow pursuant to Section 3 of that certain Stock Escrow Agreement dated as of the date hereof by and among the Investors and Continental Stock Transfer & Trust Company.

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

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

  • 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.

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

  • 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.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

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

  • Escrow Receipt Means the receipt substantially in the form annexed to the Escrow Agreement representing a fractional undivided interest in the funds held in escrow thereunder.

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

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

  • 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.

  • Release Amount means, for a Property, the following applicable amount together with any other amounts specified in Section 2.4.4:

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

  • Second Closing Date means the date of the Second Closing.

  • 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.

  • Collateral Release Period means, each period commencing with the occurrence of a Collateral Release Event and continuing until the occurrence of the next Collateral Reinstatement Event, if any, immediately following such Collateral Release Event.

  • Rollover Notification Date shall be defined as set forth in the Prospectus under "Summary of Essential Information."

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;