Seller Escrow Amount definition

Seller Escrow Amount means $250,560 (approximately DM -------------------- 404,129 applying the exchange rate of one DM per .00 Xxxxxx Xxxxxx Dollar).
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Seller Escrow Amount has the meaning set out in Clause 10.3.
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Seller Escrow Amount is defined in Section 3.3.
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Examples of Seller Escrow Amount in a sentence

  • As soon as reasonably practicable after the Closing Date, but in no event later than one (1) Business Day following the Closing Date, Acquirer will pay to each Seller by wire transfer of same-day funds the aggregate amount of cash payable to each Seller pursuant to Section 1.3(a)(i) , less (i) such Seller Escrow Amount, and (ii) such Seller Post-Closing Adjustment Holdback Amount.

  • We ensure that the contents of, and the disclosures in, reports and documents that our Company files with, or submits to the Securities and Exchange Commission (the "SEC"), Energy Regulatory Commission (ERC), other government agencies or regulators and all other Company’s public communications shall be complete, fair, accurate, timely and understandable in accordance with applicable disclosure statutes, listing rules, and standards of materiality.

  • This QCP shall be submitted within 15 working days of the NTP.C. SEPTA's review of a Contractor's QA/QC Plan shall not relieve the Contractor from adding subsequent testing as needed to meet its primary responsibility for the quality of the work.D. SEPTA reserves the right to require mock-ups of any material and/or assembly, at any time during the construction process of a size proscribed by the SEPTA PM.

  • Seller Escrow Amount shall be held by the Escrow Agent and disbursed pursuant to the Escrow Agreement which shall be in form and substance acceptable to the Buyer, Seller and the Escrow Agent.

  • In exchange for all of the Purchased Shares, ------------- Template Acquisitions I hereby delivers the aggregate purchase price as follows: (i) to the Seller, an amount equal to DM 3,082,347 (approximately $1,911,055 applying an exchange rate of one DM per .00 Xxxxxx Xxxxxx Dollar) (the "Cash ---- Consideration"); and (ii) to the Escrow Agent (as defined in the Indemnification ------------- and Escrow Agreement), the Seller Escrow Amount.

  • Subject to the terms and conditions hereof, the Sellers covenant and agree to sell, assign and transfer to the Buyer and the Buyer covenants and agrees to purchase from the Sellers all outstanding shares of the Grant Common Stock for the Adjusted Purchase Price and the Seller Escrow Amount (collectively, the “Purchase Price”).

  • The Buyer Escrow Amount, the Impaired Assets Escrow Amount and the Seller Escrow Amount shall be held by the Escrow Agent and disbursed pursuant to the Escrow Agreement which shall be in form and substance acceptable to the Buyer, Seller and the Escrow Agent.

  • The nonprofit entity shall have complete discretion in naming 9 the renaissance school project.

  • In exchange for all of the Purchased Shares, ------------- Template Acquisitions I hereby delivers the aggregate purchase price as follows: (i) to the Seller, an amount equal to DM 4,673,807 (approximately $2,897,776 applying an exchange rate of one DM per .00 Xxxxxx Xxxxxx Dollar) (the "Cash ---- Consideration"); and (ii) to the Escrow Agent (as defined in the Indemnification ------------- and Escrow Agreement), the Seller Escrow Amount.

  • As to each claim for Damages made by Buyer pursuant to this Article IX, Buyer only shall be entitled to receive from the Non-Employee Seller Escrow Amount an amount equal to (i) the Paid Escrow Percentage multiplied by (ii) the amount of such Damages.


More Definitions of Seller Escrow Amount

Seller Escrow Amount means the aggregate amount to be deposited in the Buyer Indemnification Amount by or on behalf of Sellers at the Closing, as more particularly set forth in Schedule I.
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Seller Escrow Amount means the approximately $70,000,000 cash -------------------- portion of the purchase price payable to Sellers, placed into escrow with U.S. Trust Company of California, N.A. as escrow agent, pursuant to the terms of the Recapitalization Documents.
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Seller Escrow Amount has the meaning assigned to it in Section 2.9.
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Related to Seller Escrow Amount

  • Indemnity Escrow Amount means $3,000,000.

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

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

  • 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.

  • Adjustment Escrow Funds means the amounts held in the Adjustment Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investments thereof, less distributions thereof in accordance with this Agreement and the Escrow Agreement.

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

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Holdback Amount has the meaning set forth in Section 2.06(a).

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

  • 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.

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

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

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Working Capital Escrow Amount means $1,000,000.

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

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • 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 of the Plan.

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

  • 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.

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

  • Indemnification Escrow Fund means the Indemnification Escrow Amount deposited into escrow pursuant to the Escrow Agreement, together with any interest and income earned thereon.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

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

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.