Examples of Regulatory Escrow Amount in a sentence
Delivery of all the amounts referred to above shall be in cash by wire transfer of immediately available funds to the single account designated by the Sellers’ Agent (or, in the case of the Traditional Escrow Amount or the Regulatory Escrow Amount, the escrow agent, and, in the case of the payment for Estimated Indebtedness, to the account designated by the Bank).
At the Closing, Purchaser shall pay to the Escrow Agent the Escrow Amount and Regulatory Escrow Amount (each, an “Escrow Fund”) in cash payable by wire transfer of immediately available United States funds for deposit into an escrow account or escrow accounts (provided if in a single escrow account, for purposes of this Agreement they shall be treated as separate accounts) in accordance with the terms and conditions of the Escrow Agreement.
Regulatory Escrow Amount AMS6540051 168372-0004Page 76 S ection 3: Process to obtainItalian Regulatory ConfirmationWith respect to the need for a possible filing or notification to MISE in connection with the Proposed Transaction, the following shall apply:1.
Purchaser shall be reimbursed out of the Regulatory Escrow Amount for all fees and costs (including attorneys’ fees) that Purchaser incurs defending any Regulatory Actions.
Notwithstanding the foregoing, it is specifically agreed that if the NightGuard™ device continues to be in over-the-counter distribution 36 months after the Closing Date, the Regulatory Escrow Amount shall be distributed to Sellers.
Therefore the following reasoning that we are going to present will go through in the weak coupling limit.19 Now with the above in place, these contributions are exponentially suppressed com- pared to the line integral in the Regge limit s → ∞ i.e., the Regge limit.
The maximum amount that the Parent Indemnified Parties may recover from each Company Securityholder for claims under Section 8.1(g) or for Regulatory Damages, shall be limited to each Company Securityholder's Pro Rata Portion of the Regulatory Escrow Amount and the then-remaining amount, if any, of the Indemnity Escrow Amount.
If at any time after the Closing and before Escrow Release Date all Regulatory Costs have been fully satisfied and discharged, the remaining amount of the Regulatory Escrow Amount shall be automatically added to and become a part of the Escrow Amount.
Sellers, Parent and Purchaser further agree to execute and deliver such other documents and to do such other acts and things, to effect any release of the Regulatory Escrow Amount as contemplated pursuant to the terms of this Agreement or the Escrow Agreement.
Notwithstanding anything to the contrary contained herein, the Regulatory Escrow Amount may not exceed $7,500,000.