Second Escrow Amount definition

Second Escrow Amount shall have the meaning set forth in Section 2.10(a). “Second Escrow Claim Notice” shall have the meaning set forth in Section 2.10(a). “Second Escrow Dispute Notice” shall have the meaning set forth in Section 2.10(a). “Seller” or “Sellers” shall have the meaning set forth in the Preamble.

Second Escrow Amount means the amount of £4,000,000;”

Second Escrow Amount has the meaning set forth in Section 4.2(e).

Examples of Second Escrow Amount in a sentence

• The Escrow Amount and the Second Escrow Amount will be disbursed from the Escrow Account or the Second Escrow Account by the Escrow Agent in accordance with the terms of Section 11.6 of this Agreement, the Escrow Agreement and the Second Escrow Agreement.

• Any extraordinary fees and expenses, including without limitation any fees or expenses incurred by the Escrow Agent in connection with a dispute over the distribution of the First Escrow Amount, Second Escrow Amount, Third Escrow Amount or Fourth Escrow Amount or the validity of a Claim or Claims by any Purchaser Indemnified Party, will be paid 50% by Purchaser and 50% by Seller.

• Employees will not be required to lose time or "ride the road" on their own time in order to qualify for the new operations.

• All remaining amounts of Escrowed Shares from the Second Escrow Amount shall be allocated to Sellers A, Sellers B and the Employee Bonus Transaction Personnel who are employed by the Company or a Subsidiary on the Returned Amount Determination Date, all as set forth on Schedule 2.5(a), which includes an illustration of such reduction allocation and distribution, and subject to the other terms and procedures of this Agreement and the Second Escrow Agreement.

• The Escrow Amount, together with all interest, dividends, income, capital gains and other amounts earned thereon or derived therefrom pursuant to the investments made on such amount pursuant to Section 7 (collectively with the Initial Escrow Amount and the Second Escrow Amount, the “Escrow Funds”) shall be made available to CNLV for the reimbursement of any amounts due to CNLV from Faraday for the Work.

More Definitions of Second Escrow Amount

Second Escrow Amount shall have the meaning specified in Section 2.1.

Second Escrow Amount has the meaning set forth in Section 3.1(c).

Second Escrow Amount means such part of the Escrow Amount to be released to the Sellers in an amount agreed by the parties in writing on satisfaction of all the outstanding conditions precedent to the Target Entity Equity Transfer Agreements.

Second Escrow Amount means an amount of cash equal to ten percent (10%) of the Total Combined Closing Payments.

Second Escrow Amount means $23,500,000.

Second Escrow Amount has the meaning specified on Schedule 1.1.

Second Escrow Amount means US$1,680,000.