Special Indemnification Escrow Amount definition

Special Indemnification Escrow Amount means $3,000,000.
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Special Indemnification Escrow Amount means the amount set forth on Section 6.16(a) of the Disclosure Letter; provided, that if prior to the Closing, the Company delivers to Parent written evidence that is reasonably acceptable to Parent of either (a) an acknowledgment and confirmation by the IRS that no Tax or other liability is owed by the Company or any Company Subsidiary with respect to the matter set forth on Section 6.16 of the Disclosure Letter or (b) (i) a written notice (the “Assessment Notice”) from the IRS stating the final amount of any Tax or other liability owed by the Company and the Company Subsidiaries with respect to the matter set forth on Section 6.16(a) of the Disclosure Letter and (ii) that the amount of such Tax or liability set forth in the Assessment Notice plus any third party costs and expenses associated therewith have been fully repaid, the Special Indemnification Escrow Amount shall be $0.00.
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Special Indemnification Escrow Amount means $10 million.
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Examples of Special Indemnification Escrow Amount in a sentence

  • According to Petitioner, income tax rates for enterprises participating in this program may be reduced by 50 percent.Superpower states that it received benefits under this program for tax year 2006.

  • FTB grants the customer a cash discount of 2% for a payment made within 8 days following the invoice date.

  • Before making any claim against the Indemnification Escrow Amount, Buyer and Merger Sub must make any such claim against the Special Indemnification Escrow Amount.

  • At or prior to the Closing, Parent shall cause an amount in cash equal to Special Indemnification Escrow Amount to be deposited in an account designated by the Escrow Agent to be held in accordance with the terms of the Escrow Agreement.

  • Buyer and Merger Sub’s collective rights and remedies for indemnification arising out of Section 9.2(a)(vii) shall be limited to the sum of the Special Indemnification Escrow Amount and the Indemnification Escrow Amount.


More Definitions of Special Indemnification Escrow Amount

Special Indemnification Escrow Amount has the meaning ascribed thereto in the Arrangement Agreement.
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Special Indemnification Escrow Amount means $1,500,000.
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Special Indemnification Escrow Amount means an amount equal to the amount set forth on Schedule 1.1(c)(i), as such amount may be reduced pursuant to Section 12.7(b).
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Special Indemnification Escrow Amount means an amount in cash determined in accordance with Section 6.29.
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Special Indemnification Escrow Amount means $850,000.
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Special Indemnification Escrow Amount means an amount equal to CAD 5,500,000.
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Special Indemnification Escrow Amount means a dollar amount equal to $6,600,000.
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