Representative Escrow Amount definition

Representative Escrow Amount shall have the meaning set forth in Section 2.10(b)(iii). “Resolution Period” shall have the meaning set forth in Section 2.11(d).
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Representative Escrow Amount means an amount equal to $500,000.
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Representative Escrow Amount shall have the meaning set forth in Section 2.10(b)(iii).
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Examples of Representative Escrow Amount in a sentence

  • An amount equal to the sum of the General Escrow Amount and the Equityholder Representative Escrow Amount shall be withheld from the aggregate cash consideration payable to the Equityholders pursuant to Sections 2.03(a) and Section 2.06(a), as applicable, and treated in accordance with this Section 2.07.

  • The Equityholder Representative Escrow Amount delivered to the Escrow Agent shall be deposited in a separate account (the “Equityholder Representative Escrow Account”) to be held in escrow to fund the out-of-pocket costs and expenses of the Equityholder Representative pursuant to the provisions of the Escrow Agreement.

  • At the Effective Time the Target Stockholders (except Target Stockholders, in respect of Dissenting Shares) will be deemed to have received and deposited with the Escrow Agent that amount of the Merger Consideration that is equal to their proportionate share of the Representative Escrow Amount.

  • At the Closing, the Buyer shall pay an aggregate amount equal to (x) the Adjustment Escrow Amount, plus (y) the Insurance Deductible Escrow Amount, plus (z) the Sellers Representative Escrow Amount, to the Escrow Agent, such payment to be made by wire transfer of immediately available funds to an account designated by the Escrow Agent.

  • For tax purposes, the Representative Escrow Amount shall be treated as having been received and voluntarily set aside by the Company Securityholders at the time of Closing.


More Definitions of Representative Escrow Amount

Representative Escrow Amount means an amount of cash equal to Five Hundred Thousand Dollars ($500,000.00).
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Representative Escrow Amount means $75,000.00.
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Representative Escrow Amount means Two Hundred Fifty Thousand Dollars ($250,000) in cash.
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Representative Escrow Amount shall have the meaning set forth in Section 1.5(b)(iii).
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Representative Escrow Amount means $350,000.00, together with any interest, gains and other distributions on such amount, as reduced from time to time by the amount of monies distributed from the Representative Escrow Funds in accordance with this Agreement and the Escrow Agreement.
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Representative Escrow Amount means fifty thousand dollars ($50,000.00).
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Representative Escrow Amount means $50,000,000.
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