Tax Escrow Agent definition

Tax Escrow Agent shall have the meaning set forth in Section 15.8(b).

Tax Escrow Agent means ChaseMellon Shareholder Services LLC.

Tax Escrow Agent means ESOP Management & Trust Company Ltd. as escrow agent under the FIS TEA Agreement and the IDIT TEA Agreement.

Examples of Tax Escrow Agent in a sentence

• If, after Closing, the Director directs payment of all or any portion of the Deficiency on behalf of Parent or the Company, then Buyer shall direct the Tax Escrow Agent to release to the Division of Taxation of New Jersey such amount from the Tax Escrow.

• If the Director informs Buyer that the Deficiency has been fully paid or that Buyer has no further liability for the Deficiency, then Buyer shall direct the Tax Escrow Agent to release such difference from the Tax Escrow to Parent.

• Notwithstanding anything to the contrary contained herein, Parent and the Company shall have the right to negotiate with the Director regarding the Tax Claim and the Deficiency; provided, however, that (i) Buyer and the Tax Escrow Agent shall be entitled to comply with all instructions of the Director, and (ii) the Closing shall not be delayed as a result thereof.

• If the Division notifies Purchaser or Seller (a copy of such notice received by Seller only shall be delivered by Seller to Purchaser and Tax Escrow Agent prior to the release of funds from the Tax Escrow pursuant to this sentence) that the Deficiency has been fully paid or that Purchaser has no further liability for the Deficiency, then Purchaser shall direct the Tax Escrow Agent to, and Tax Escrow Agent shall, promptly release such difference to Seller (subject to the terms of the escrow agreement).

• The Canadian Withholding Tax Escrow Agent will provide Sellers with proof that the Canadian Withholding Tax Escrow Amount and the interest earned thereon while held by the Canadian Withholding Tax Escrow Agent have been disbursed by the Canadian Withholding Tax Escrow Agent in accordance with the provisions of this Section 2.7.

More Definitions of Tax Escrow Agent

Tax Escrow Agent means a financial institution mutually acceptable to Canadian Seller and Canadian Purchaser as escrow agent.

Tax Escrow Agent shall have the meaning set forth in Section 5.9(a).

Tax Escrow Agent has the meaning ascribed to it in Section 1.4(a). "Tax Escrow Agreement" has the meaning ascribed to it in Section 1.4(a).

Tax Escrow Agent has the meaning attributed to that term in Section 2.3(b).

Tax Escrow Agent means Amalgamated Bank of Chicago, Chicago, Illinois, or a duly designated successor thereto.

Tax Escrow Agent means Bank of America Private Bank.

Tax Escrow Agent means ESOP Management & Trust Company Ltd. as escrow agent under the FIS TEA Agreement and the IDIT TEA Agreement. "Tax Ordinance" means the Israeli Income Tax Ordinance [New Version], 1961.