Placed in Escrow definition
Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (iii) where Schedule 9.1 (Financial and Other Consequences of Change) and Schedule 9.2 (Identity of the Financial Model) apply, the inputs to the Financial Model derived therefrom following an audit of a Run of the Financial Model; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (iii) where Schedule 9.1 (Financial and Other Consequences of Change) and Schedule 9.2 (Identity of the Financial Model) apply, audited following a Run of the Financial Model and updated with any Revised Inputs; and (c) in respect of the Record of Assumptions, delivery thereof, each in accordance with Schedule 9.2 (Identity of the Financial Model);
Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and in respect of the Record of Assumptions, delivery thereof; and (c) in respect of any Change Model, delivery of (i) the Change Model audited following a Run of the Change Model and populated with Baseline Inputs and Change Inputs; and (ii) its related Change Operational Model, each in accordance with Schedule 9.2 (Identity of the Financial Model etc.);
Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and audited following a Run of the Financial Model and updated with any Revised Inputs; and (b) in respect of the Operational Model, delivery of the Operational Model: (i) dated the date of the Franchise Agreement; (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (c) the inputs to the Financial Model derived therefrom following an audit of a Run of the Financial Model; and (d) in respect of the Record of Assumptions, delivery thereof; each in accordance with Schedule 9.2 (Identity of the Financial Model etc.);
Examples of Placed in Escrow in a sentence
In such an event, the Secretary of State shall be permitted to create a new copy of the Escrow Documents or part thereof from the other copy Placed in Escrow and shall within seven days notify the Franchisee accordingly and afford it the right to make reasonable inspections in order to satisfy itself that a "complete and accurate" copy has been made.
In such an event, the Secretary of State shall be permitted to create a new copy of the Escrow Documents or part thereof from the other copy Placed in Escrow and shall within seven (7) days notify the Franchisee accordingly and afford it the right to make reasonable inspections in order to satisfy itself that a “complete and accurate” copy has been made.
More Definitions of Placed in Escrow
Placed in Escrow means the delivery of the Financial Model and the Financial Model Data Book in accordance with Paragraph 1.1 of Part F (Identity of the Financial Model) of Schedule 8 (Variations) together with the information required pursuant to Paragraph 1.2 of Part F (Identity of the Financial Model) of Schedule 8 (Variations);
Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and
Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (iii) where Part A of Schedules 9.1 and 9.2 applies, audited following a Run of the Financial Model and updated with any Revised Inputs; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date and the date assumed to be the Start Date in the Initial Business Plan; and (iii) where Part A of Schedules 9.1 and 9.2 applies, the inputs to the Financial Model derived therefrom following an audit of a Run of the Financial Model; and (c) in respect of the Record of Assumptions, delivery thereof; and (d) where Part B of Schedules 9.1 and 9.2 applies, in respect of any Change Model, delivery of (i) the Change Model audited following a Run of the Change Model and populated with Baseline Inputs and Change Inputs; and (ii) its related Change Operational Model, each in accordance with Schedule 9.2 (Identity of the Financial Model etc.);
Placed in Escrow means: (a) in respect of the Financial Model, delivery of the Financial Model: (i) dated the date of the Franchise Agreement; and (ii) adjusted to the extent necessary to reflect any time elapsed between the actual Start Date or actual Combined Effective Date (as appropriate) and the date assumed to be the Start Date or the Combined Effective Date in the Initial Business Plan; and (iii) where Schedules 9.1 (Financial and Other Consequences of Change) and 9.2 (Identity of Financial Model etc.) apply, audited following a Run of the Financial Model and updated with any Revised Inputs; and (b) in respect of the Operational Model, delivery of: (i) the Operational Model dated the date of the Franchise Agreement; (ii) the Operational Model adjusted to the extent necessary to reflect any time elapsed between the actual Start Date or the actual Combined Effective Date (as appropriate) and the date assumed to be the Start Date or the Combined Effective Date (as appropriate) in the Initial Business Plan; and (iii) where Schedules 9.1 (Financial and Other Consequences of Change) and 9.2 (Identity of Financial Model etc.) apply, the inputs to the Financial Model derived therefrom following an audit of a Run of the Financial Model; and (c) in respect of the Record of Assumptions, delivery thereof, each in accordance with Schedule 9.2 (Identity of the Financial Model etc.);
Placed in Escrow has the meaning given to it in paragraph 6.1 of Schedule 1.5 (Information about Passengers); means:
Placed in Escrow in accordance with the terms of paragraph 3 of the Intellectual Property Agreement; and