Examples of Representative Holdback Amount in a sentence

The Representative Holdback Amount shall be held in an FDIC-insured account or accounts at a nationally recognized financial institution.
The Representative will not be liable for any loss of principal of the Representative Holdback Amount other than as a result of its gross negligence or willful misconduct.
Hence, a decline in competitively bid prices are not directly replicable for smaller projects.Some of the stakeholders suggested that to encourage more participation, the banking period shall be increased to six months.
The Representative is not providing any investment supervision, recommendations or advice and shall have no responsibility or liability for any loss of principal of the Representative Holdback Amount other than as a result of its gross negligence or willful misconduct.
The Closing Date Merger Consideration less (a) the Escrow Amount less (b) the Representative Holdback Amount shall equal the “Closing Date Cash Merger Consideration”.

More Definitions of Representative Holdback Amount

Representative Holdback Amount means an amount equal to Five Million Dollars ($5,000,000).

Representative Holdback Amount means an amount equal to one million dollars ($1,000,000).

Representative Holdback Amount means $300,000 of the Purchase Price to be held by the Representative pursuant to the provisions of Article X hereof.

Representative Holdback Amount means an amount designated in writing by the Representative, which designation shall be delivered to Parent at least three (3) Business Days prior to the Closing Date.

Representative Holdback Amount means an amount equal to $50,000.

Representative Holdback Amount means Three Million Dollars ($3,000,000).

Representative Holdback Amount means an amount equal to five hundred thousand dollars ($500,000).