Remediation Escrow Agreement definition

Remediation Escrow Agreement means an Escrow Agreement among the Remediation Escrow Agent, Purchaser and the Company.
Sample 1Sample 2
Remediation Escrow Agreement means an escrow agreement in form and substance reasonably satisfactory to the Purchaser and the Sellers.
Sample 1Sample 2
Remediation Escrow Agreement means the escrow agreement governing the Remediation Escrow Account, the form of which shall be mutually agreed upon by Renova and EMYC within thirty (30) days after the Effective Date.
Sample 1

Examples of Remediation Escrow Agreement in a sentence

  • From time to time, but no more frequently than twice a month, Renova shall be entitled to withdraw amounts deposited in the Remediation Escrow Account to pay for costs and expenses incurred in connection with Remediation Items in accordance with the mutually agreed upon work plan and the procedures set forth in the Remediation Escrow Agreement.

  • If applicable, the amount of any reserves, escrows or accruals held by the holder of any Continuing Mortgage for real estate taxes, insurance premiums and other amounts, if any, including, without limitation, any amounts held by the holder of the Continuing Mortgage pursuant to the Remediation Escrow Agreement dated November 24, 1993 by and among Seller 2, The Lincoln National Life Insurance Company and Commercial Settlements, Inc.

  • Assignee hereby agrees that (i) all rights of GF under the Remediation Escrow Agreement shall remain intact and shall not be affected by this Assignment, (ii) Assignee’s rights under the Remediation Escrow Agreement will under no circumstances be greater than Assignor’s rights as contemplated under the Remediation Escrow Agreement, and (iii) Assignee will assume all financial obligations of Assignor to GF.

  • Law - Resolution amending Resolution No. 783-12-2016 to authorize an Addendum to the Purchase Agreement for the acquisition of 596-598 Newark Avenue; 600-602 Newark Avenue and 604 Newark Avenue A/K/A 11 Oakland Avenue (Block 8102 - Lots 14, 15, 16, 17) Jersey City, New Jersey with 600 Newark Avenue Corporation to include an Environmental Remediation Escrow Agreement - $98,300.00 *24.

  • In the event Seller does not exercise its right under this Section to so terminate this Purchase Agreement, Seller shall deposit the amount of the Remediation Escrow at the Closing Date, and funds therein shall be disbursed by the escrowee in accordance with the terms of the Environmental Remediation Escrow Agreement to be executed at Closing in the form of Exhibit E hereto.

  • By execution of this Assignment, Assignee assumes and agrees to perform all of Assignor’s obligations, financial or otherwise, under the Remediation Escrow Agreement as such obligations shall arise or accrue from and after the date of this Assignment.

  • The Environmental Remediation Escrow Agreement does not in any way limit Seller's indemnification obligation to Purchaser under Section 1.03.

  • The terms and conditions of the Remediation Escrow shall be as set forth in an escrow agreement (the "Remediation Escrow Agreement") in the form set forth in Exhibit 8.9.8. Buyer and Seller agree to be subject to all of the terms and conditions as set forth in the Remediation Escrow Agreement.

  • The Seller shall have all of the rights relating to the Remediation as set forth in Section 3 of the Remediation Escrow Agreement.

  • The Seller and Purchaser shall execute and deliver the Escrow Agreement attached hereto as Exhibit F and incorporated herein (the "Environmental Remediation Escrow Agreement"), under which the Seller shall deposit Two Hundred Fifty Thousand and No/100 Dollars ($250,000.00) of the Purchase Price with Southwest Bank of Texas, N.A., to cover costs or expenses relating to the environmental remediation described in Section 1.12(b) during a period of four (4) years after the Closing.


More Definitions of Remediation Escrow Agreement

Remediation Escrow Agreement has the meaning set forth in Section 8.9.8.
Sample 1

Related to Remediation Escrow Agreement

  • 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.

  • Indemnification Escrow Agreement means an agreement in substantially the form attached hereto as Exhibit B, between the Escrow Participant, the Escrow Agent and the Purchaser with respect to the Indemnification Escrow Shares to reflect the terms set forth in Section 10.3.

  • 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.

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

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

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

  • 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.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

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

  • 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.

  • 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 End Date has the meaning specified in the Escrow Agreement.

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

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

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

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

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

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

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

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

  • 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.

  • The Escrow Agent s responsibilities as escrow agent hereunder shall terminate if the Escrow Agent shall resign by written notice to the Company and the Purchaser. In the event of any such resignation, the Purchaser and the Company shall appoint a successor Escrow Agent.

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

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.