Management Escrow Amount definition

Management Escrow Amount means an amount of cash in U.S. Dollars equal to the product of (i) the Management Percentage multiplied by (ii) the Escrow Amount.
Management Escrow Amount means that portion of the Escrow Amount to be contributed by Management, which amount will be provided to Buyer three (3) days prior to the Closing.
Management Escrow Amount means the amount paid by the Purchaser pursuant to clause 6.2(d) together with all interest accrued thereon;

Examples of Management Escrow Amount in a sentence

  • At Closing, the Buyer shall deposit the Management Escrow Amount with the Escrow Agent.

  • The Buyer and the Escrow Agent shall have executed and delivered to the Company the Escrow Agreement and the Buyer shall have deposited the Escrow Amount, Special Escrow Amount and Management Escrow Amount with the Escrow Agent.

  • The Management Vendors irrevocably consent to the Purchaser paying or dealing with the Management Escrow Amount in accordance with clause 5.1(b).

  • The Management Vendors will be entitled to all interest earned on the Management Escrow Amount.

  • The Management Vendors agree that they are not entitled to satisfy their obligations to pay any amounts payable by the Management Vendors to the Purchaser under clause 4.4 out of the Management Escrow Amount.

  • The Management Escrow Amount shall be held in trust by the Escrow Agent pursuant to the terms of the Escrow Agreement and shall be released in accordance with the terms thereof.

  • The Purchaser agrees that it must first satisfy the total amount of all Claims made by it against the Management Vendors from the Management Escrow Amount before the Purchaser becomes entitled to recover any other cash in respect of a damages Claim from the Management Vendors.


More Definitions of Management Escrow Amount

Management Escrow Amount means €25,000,000;
Management Escrow Amount means an amount in cash equal to $4,000,000.
Management Escrow Amount. Is defined in Section 2.10.3(b).

Related to Management Escrow Amount