Sellers Escrow Agreement definition

Sellers Escrow Agreement means that certain Sellers Escrow Agreement to be dated as of the closing date of the Sale Transaction, among ML Media, Century and Sellers Escrow Agent.
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Sellers Escrow Agreement means that certain Escrow Agreement by and between the Principal Sellers, on behalf of the Sellers, and the Escrow Agent, dated on or about the date hereof.
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Sellers Escrow Agreement means the Sellers' Escrow Agreement in the form attached hereto as Exhibit E.
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Examples of Sellers Escrow Agreement in a sentence

  • Any payment of Cash made by Century and ML Media or the Plan Administrator, if appointed, or the Sellers Escrow Agent (in accordance with the terms of the Sellers Escrow Agreement, or if directed pursuant to an Order of the Bankruptcy Court) pursuant to this Plan shall be made by check drawn on a domestic bank or by wire transfer.

  • The Sellers Escrow Agent shall be empowered and authorized, without further Bankruptcy Court approval, to invest funds and distribute funds in the Sellers Escrow Account in accordance with the terms of this Plan and the Sellers Escrow Agreement.

  • See 'TENDER OFFER -- Certain Agreements -- Sellers Escrow Agreement.' THE TENDER OFFER AGREEMENT The following is a summary of the material terms of the Tender Offer Agreement.

  • On the Effective Date, in accordance with the terms of the Sellers Escrow Agreement, the Sellers Escrow Agent shall release to the Plan Administrator funds sufficient to fund the Plan Funding Reserve.

  • Sellers have deposited the Sellers Shares and Purchaser has deposited $21,275,265 into escrow pursuant to a 'Sellers' Escrow Agreement dated as of June 11, 1997 (the 'Sellers Escrow Agreement'), among Sellers, Purchaser and the Escrow Agent.

  • The conditions to the Tender Offer Agreement are the conditions to the Offer described under 'TENDER OFFER -- Certain Conditions to the Offer.' SELLERS ESCROW AGREEMENT The following is a summary of the material terms of the Sellers Escrow Agreement.

  • Under the Sellers Escrow Agreement, at the Closing Time (as defined in the Purchase Agreement) upon the receipt of a certificate in appropriate form, from Sellers and Purchaser, the Escrow Agent will deliver the Sellers Shares Purchase Price to Sellers and the Sellers Shares to Purchaser.

  • The Sellers Escrow Agent shall hold the proceeds of the Sale Transaction for distribution in accordance with the Acquisition Agreement, this Plan, the Sellers Escrow Agreement and any Final Order of the Bankruptcy Court.

  • The Sellers Escrow Agent shall maintain the balance of the proceeds of the Sale Transaction in the Sellers Escrow Account pursuant to the Sellers Escrow Agreement and shall release the proceeds in accordance with such agreement only upon receipt of a Final Order of the Bankruptcy Court directing disposition of all or any portion of the funds.

  • During the term of the escrow, the cash held in escrow will be invested in accordance with the directions of Purchaser, but only in Permitted Investments (as defined in the Sellers Escrow Agreement).


More Definitions of Sellers Escrow Agreement

Sellers Escrow Agreement has the meaning set forth in Section 7.10.
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Sellers Escrow Agreement means the escrow agreement substantially in the form attached hereto as EXHIBIT B-1, to be entered into by the parties hereto and either Bank of New York or XX Xxxxxx/Chase, as mutually agreed;
Sample 1

Related to Sellers Escrow 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.

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

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

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company and the Escrow Agent pursuant to which the Purchasers, shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

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

  • Seller Ancillary Documents means any agreement or other instrument, other than this Agreement, but including the Commercial Agreements, to be executed and delivered by a Seller or an Affiliate thereof in connection with the transactions contemplated hereby.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

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

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

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

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

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • 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.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

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

  • Buyer Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Buyer or an Affiliate of Buyer under this Agreement or in connection herewith, including the Escrow Agreement.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

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

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

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

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

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

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC