Pivot Bank Account definition
Pivot Bank Account means the bank account to be opened and managed by the Sellers' Agents on behalf of the Sellers, the details of which shall be notified by the Sellers' Agent to the Purchaser in the Pre-Closing Certificate;
Examples of Pivot Bank Account in a sentence
A laid off teacher who acquires additional certificate endorsements while on layoff shall be entitled to recall consistent with the teacher’s seniority, qualifications and certification (including revisions to certification) as defined in Article 10.
As soon as the Purchaser will have paid the Initial Consideration and, as the case may be, the Earn-Outs (as may be adjusted pursuant to Clause 3.1.2) on the Pivot Bank Account, the Purchaser will have satisfied with all its payment obligations to the Sellers in respect of, respectively, the Initial Consideration and the Earn-Outs.