Retention Escrow Amount means an amount equal to Three Million Three Hundred and Eight Thousand Five Hundred and Ninety-Seven Dollars ($3,308,597).

Retention Escrow Amount means one million five hundred thousand dollars ($1,500,000), less the Seller R&W Insurance Expense Withholding Amount.

Retention Escrow Amount means an amount in cash equal to $4,000,000.

Examples of Retention Escrow Amount in a sentence

At the Closing, Purchaser shall cause to be delivered to the Escrow Agent: (a) as a contribution to the Adjustment Escrow Fund on behalf of Seller, an amount in cash equal to the Adjustment Escrow Amount; and (b) as a contribution to the Retention Escrow Fund on behalf of Seller, an amount in cash equal to the Retention Escrow Amount.
To the extent any employee listed on Schedule 5.12 earns the last retention bonus installment under a Retention Agreement, such amounts will be released from the Retention Escrow Amount to Buyer.
The Retention Escrow Amount is being placed into escrow in relation to the Retention Agreements with the Company employees listed in Schedule 5.12 (the "Retention Agreements.").
Contemporaneously with any distributions from the Bonus Retention Escrow Amount, the Shareholder Representative shall direct the Bonus Retention Escrow Agent to distribute to the Surviving Corporation an amount necessary for the Surviving Corporation to pay all required payroll or other withholding taxes relating to such distribution from the Bonus Retention Escrow Agreement.
Buyer and the Surviving Corporation shall file or cause to be filed any Tax Returns of the Company for tax periods that begin before the Closing Date and end after the Closing Date and pay all Taxes owed by the Company for such periods, including all payroll taxes relating to distributions of the Bonus Retention Escrow Amount.

More Definitions of Retention Escrow Amount

Retention Escrow Amount means an amount initially equal to $1,687,500, as adjusted pursuant to the terms of Section 2.7 and the Escrow Agreement.

Retention Escrow Amount means $1,233,750.

Retention Escrow Amount means $6,893,750.

Retention Escrow Amount means the amount of two million five hundred thousand U.S. Dollars (US$2,500,000), being approximately 7.8% of the Base Purchase Price, to be subject to, retained and/or released (as applicable) in accordance with Schedule 10 and the Escrow Agreement;

Retention Escrow Amount means One Million One Hundred Thousand Canadian dollars (CAD$1,100,000).

Retention Escrow Amount means the sum of the Savage Retention Escrow Amount and the Branch Retention Escrow Amount.

Retention Escrow Amount means $4,400,000.