Specified Claim Escrow Amount definition

Specified Claim Escrow Amount means $500,000.00.
Sample 1Sample 2Sample 3
Specified Claim Escrow Amount has the meaning set forth in Section 2.06. “Specified Claim Escrow Notice” has the meaning set forth in Section 6.16(b). “Specified Claim Outside Date” has the meaning set forth in Section 6.16(a). “Specified Claim Resolution” has the meaning set forth in Section 2.06. “SREC Reference Date” means (i) in the case of SRECs to be issued by WREGIS, the first day of the month prior to the month in which the Closing occurs; (ii) in the case of SRECs to be issued by NEPOOL-GIS, (x) if the Closing occurs on a day prior to the fifteenth (15th) day of the second month of any quarter, the first day of the quarter two quarters before such quarter or (y) if the Closing occurs on or after the fifteenth (15th) day of the second month of such quarter, the first day of the quarter one quarter before such quarter; and (iii) in the case of SRECs to be issued by PJM-EIS GATS, the first day of the month prior to the month in which the Closing occurs. “SRECs” mean Solar Renewable Energy Certificates that are issued and regulated under the laws of the States of Colorado, Delaware, Illinois, New Jersey, and Massachusetts. “Subsequent Project Payment Date” has the meaning given to such term in that certain Solar Energy (Fund III) Partnership II LLC Agreement. “Subsidiary” means, with respect to any Person, any other Person for which such Person has an amount of the voting securities or other voting interests sufficient to elect at least a majority
Sample 1
Specified Claim Escrow Amount means an amount equal to $1,000,000 (One Million Dollars).
Sample 1

Examples of Specified Claim Escrow Amount in a sentence

  • If Buyer does not timely receive all amounts payable to Buyer pursuant to this Section 2.04(c), Buyer in its discretion may elect to deduct such amounts from any remaining portion of the Specified Claim Escrow Amount or General Claims Escrow Amount (and, if such election is made, the Parties shall jointly instruct the Escrow Agent, in accordance with the terms of the Escrow Agreement, to disburse such amount to Buyer).

Related to Specified Claim Escrow Amount

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

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

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

  • 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.

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

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

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

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

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • 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.

  • 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 interest or other amounts earned thereon.

  • 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.

  • Claim Amount means the amount calculated in accordance with Section 6.2 of this Policy.

  • 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.

  • 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.

  • Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

  • Expected Claim Notice means a notice that, as a result of a legal proceeding instituted by or written claim made by a third party, an Indemnified Party reasonably expects to incur Damages for which it is entitled to indemnification under Article VI.

  • Claimed Amount means the amount of any Damages incurred or reasonably expected to be incurred by the Indemnified Party.

  • Working Capital Escrow Amount means $2,000,000.

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

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

  • Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for: (1) damage to or loss of the property of any person (including, but not limited to the City, the Contractor, their respective agents, officers, employees and subcontractors; the officers, agents, and employees of such subcontractors; and third parties); and/or (2) death, bodily injury, illness, disease, worker's compensation, loss of services, or loss of income or wages to any person (including but not limited to the agents, officers and employees of the City, the Contractor, the Contractor’s subcontractors, and third parties), ii. "Fault" shall include the sale of defective or non- conforming deliverables, negligence, willful misconduct or a breach of any legally imposed strict liability standard.