Original Escrow Amount definition

Original Escrow Amount means $5,024,510 of the Base Purchase Price deposited in escrow pursuant to Section 1.7(a).
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Original Escrow Amount means $9,000,000.
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Original Escrow Amount means US$10,625,000, which, if Buyer exercises its option to pay a portion of the Original Purchase Price and the same portion of the initial purchase price payable to the Jearums under the Jearum Agreement in Buyer Common Stock shall include such stock, valued at US$54 per share, with the remainder in cash.
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Examples of Original Escrow Amount in a sentence

  • During the term of the Escrow Agreement, the Original Escrow Amount shall be the “Security Deposit” pursuant to this Section 13.

  • Original Escrow Amount:$ 1,000,000.00Additional Funds Request:$ 200,000.00Total Revised Amount:$ 1,200,000.00 Staff reviewed the current construction costs and material invoices and requests additional funds in the amount of $200,000.00.

  • In addition, the Original Escrow Amount shall be adjusted from time to time in accordance with the terms of the Escrow Agreement for any claims made by Buyer pursuant to SECTION 8.1 and as otherwise provided in the Escrow Agreement.

  • The Original Escrow Amount will be adjusted from time to time for (i) amounts owed by Buyer to the Norwegian Sellers pursuant to SECTION 1.4 and (ii) claims made by Buyer pursuant to SECTION 9.1.

  • The Escrow Agent will hold and deliver the Original Escrow Amount in accordance with the terms of an Escrow Agreement in the form of EXHIBIT C, which the Buyer and the Seller Representative will execute and deliver at the Closing (the "ESCROW AGREEMENT").

  • Any interest actually earned from such account shall follow the principal amount applicable thereto (collectively, the Original Escrow Amount and any interest actually earned thereon are referred to herein as the "Escrowed Funds").

  • Persons who have not passed the German pharmacy exam may only obtain a license to take over a pharmacy which has already existed during the preceding three years.

  • A Richmont and Prodigy Gold Inc., a wholly-owned subsidiary of Argonaut entered into property transaction agreement dated October 15, 2013 (the "Purchase Agreement") pursuant to which each agreed to sell to the other an interest in certain properties; B Richmont and Argonaut acknowledge that an aggregate of $2,000,000 (the "Original Escrow Amount"), being the amount due pursuant to the transaction entered into between them pursuant to the Purchase Agreement.

  • The Escrow Agent acknowledges that, upon receipt of the Original Escrow Amount, such funds will be held in escrow on behalf of the parties in accordance with the terms hereof.

  • Following the distribution of the Original Escrow Amount, Angeion shall not be required to keep the Security Deposit separate from its general accounts and Subtenant shall not be entitled to interest on the Security Deposit.


More Definitions of Original Escrow Amount

Original Escrow Amount means $18,500,000.
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Original Escrow Amount means $3,600,000.
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Original Escrow Amount means (pound)384,017;
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Original Escrow Amount means the amounts deposited in escrow with the Escrow Agent in accordance with the provisions of Section 2.6(i).
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Original Escrow Amount means $50,375,000 of the Transaction Consideration deposited in escrow pursuant to Section 1.10(a).
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Original Escrow Amount means $50,375,000 of the Transaction Consideration deposited in escrow pursuant to Section 1.10(a). “Outside Date” shall mean September 2, 2014.
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Related to Original Escrow Amount

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

  • Indemnity Escrow Amount means $3,000,000.

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

  • 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.

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

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

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

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

  • 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.

  • 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.

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

  • 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 Cash is defined in Section 4.1(a).

  • Working Capital Escrow Amount means $2,000,000.

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

  • 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.

  • 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.

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

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

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

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.

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

  • 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.

  • 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”.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC