Second Escrow Period definition

Second Escrow Period means the period commencing at the end of the First Escrow Period and ending on the second anniversary of Completion;
Sample 1Sample 2
Second Escrow Period shall have the meaning set forth in Section 2.2b).
Sample 1
Second Escrow Period has the meaning set forth in Section 11.12.
Sample 1

Examples of Second Escrow Period in a sentence

  • Students on probation may be ineligible for certain curricular or extracurricular College activities.

  • Escrow Period means, in respect of the Security Holder:(a) the First Escrow Period; or(b) the Second Escrow Period, as the context requires.Execution Date means 1 June 2020, being the date of the Sale Agreement.

  • Any such Officer’s Certificate shall be delivered during the First Escrow Period or, in the case of Special Claims, the First Escrow Period or Second Escrow Period.

  • The First Escrow Period, together with the Second Escrow Period, is the “Escrow Period”6).


More Definitions of Second Escrow Period

Second Escrow Period. Second Escrow Period" shall have the meaning specified in Section 9.4 of the Agreement.
Sample 1
Second Escrow Period means the period commencing on Completion and ending on the first anniversary of the Completion Date (or, if such day is not a Business Day, the first Business Day thereafter).
Sample 1
Second Escrow Period has the meaning set forth in Section 8(b)(v) below. “Security Interest” means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic’s, materialmen’s, and similar liens incurred in the Ordinary Course of Business not yet due and payable, (b) liens for Taxes not yet due and payable or for Taxes that the taxpayer is contesting in good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money. “Steinach Property Transfer” means the sale, transfer, assignment, grant, gift or other conveyance of real property in Germany prior to the Closing Date by the Company or any corporation, partnership or other person or entity affiliated with the Company or the Stockholders, including without limitation three (3) parcels of real property located in Steinach, Germany. 6
Sample 1
Second Escrow Period has the meaning set forth in Section 8(b)(iii) below. “Security Interest” means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic’s, materialmen’s, and similar liens incurred in the Ordinary Course of Business with respect to Liabilities not yet due and payable, (b) liens for Taxes not yet due and payable or for Taxes that the taxpayer is contesting in good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money. “Xxxxxxx Ranch” has the meaning set forth in Section 5(a)(xix) below. “State Tax Obligations” has the meaning set forth in Section 7(e). “Stockholder Disclosure Schedule” has the meaning set forth in Section 3 below. “Stockholder Representative” means Xxxxxx X. Xxxxxxxx, who as a result of the due authorization of this Agreement by the Stockholders shall be deemed to have been appointed by the Stockholders for the purpose of acting on behalf of the Stockholders with respect to the transactions contemplated by this Agreement, including without limitation acting as transfer agent for the Antek Instruments Shares, the Antek Industrial Shares, and the Nitec Shares, administering certain portions of the Aggregate Consideration, as adjusted, as set forth in Section 2 below, and making decisions with respect to indemnity claims and amendments to the Agreement or any ancillary agreements. “Stockholders” has the meaning set forth in the preface above. “Subsequent Revenue Interval” has the meaning set forth in Section 2(i)(ii) below. “Subsidiary” means any corporation, limited partnership, limited liability company, or other entity with respect to which a specified Person (or a Subsidiary thereof) owns a majority of the common stock, units or other equity interests or has the power to vote or direct the voting of sufficient securities to elect a majority of the directors, and means specifically, with respect to the Antek Instruments, Antek Instruments GmbH, a corporation organized under the laws of Germany. “Surviving Corporation” has the meaning set forth in Section 2(b) below. “Takeover Proposal” means any written inquiry, proposal or offer from any Person relating to (A) any direct or indirect acquisition or purchase of (i) the assets of the Companies or the German Subsidiary outside of the Ordinary Course of...
Sample 1
Second Escrow Period means the period ending on the earlier of: (a) 12 months following the Closing Date, and (b) the date on which the auditors of the Target Companies release their audit opinion in respect of the accounts of the Target Companies for the financial year ending 31 December 2011;
Sample 1

Related to Second Escrow Period

  • Escrow Period shall begin with the commencement of the Offering and shall terminate upon the earlier to occur of the following dates:

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

  • Escrow Deposit has the meaning set forth in Section 3.3.

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

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

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

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Escrow Cash is defined in Section 4.1(a).

  • Escrow Property has the meaning set forth in the Escrow Agreement.

  • Indemnity Escrow Amount means $5,000,000.

  • Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

  • 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 remaining interest or other amounts earned thereon.

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

  • 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.

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

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

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

  • Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Escrowed Payment means an aggregate cash payment of up to $250,000;

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

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

  • Post-Closing Period means any taxable period or portion thereof beginning after the Closing Date. If a taxable period begins on or before the Closing Date and ends after the Closing Date, then the portion of the taxable period that begins on the day following the Closing Date shall constitute a Post-Closing Period.

  • 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.