NWC Holdback Amount definition

NWC Holdback Amount has the meaning set forth in the Recitals.
NWC Holdback Amount means $1,000,000.
NWC Holdback Amount means $750,000, which shall initially be deposited with the Escrow Agent specifically and exclusively to pay ESI, if applicable, with respect to any Net Working Capital Adjustment pursuant to Section 1.12.

Examples of NWC Holdback Amount in a sentence

  • The Stockholder Representative’s portion of the Accounting Firm’s fees and expenses payable hereunder shall be paid from the NWC Holdback Amount; provided, however, that if insufficient funds are available in the NWC Holdback Amount, Stockholder Representative’s portion of such fees and expenses shall be paid from the General Indemnity Holdback Amount or by the Stockholders.

  • At the Closing, the Buyer shall retain a portion of the Cash Consideration equal to the NWC Holdback Amount to secure the Sellers’ obligations under Section 1.3 of this Agreement.

  • The regressions show that both MOFAs and non-MOFAs offer more stable and secure jobs and rely less on unpaid work than domestic firms.


More Definitions of NWC Holdback Amount

NWC Holdback Amount has the meaning assigned to such term in Section 1.5(b)(xvi) of the Agreement.

Related to NWC Holdback Amount

  • Holdback Amount has the meaning set forth in Section 2.06(a).

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

  • Indemnity Escrow Amount means $5,000,000.

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

  • 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.

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

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

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

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • Working Capital Escrow Amount means $500,000.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Holdback has the meaning set forth in Section 4.1(d)(i).

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

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Non-Cash Consideration means consideration in a form other than cash.

  • Escrow Deposit has the meaning set forth in Section 3.3.

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

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Cash Consideration 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 remaining interest or other amounts earned thereon.

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