Termination Fee Escrow Account definition

Termination Fee Escrow Account means the account established by the Parties with an Escrow Agent as contemplated by Section 12.4(b)(ii).
Sample 1Sample 2Sample 3
Termination Fee Escrow Account has the meaning set forth in Section 6.18.
Sample 1Sample 2

Examples of Termination Fee Escrow Account in a sentence

  • The Termination Fee (in the amount of US$25,000,000) which was deposited by the Buyer in the Termination Fee Escrow Account pursuant to the Alerian Unit Purchase Agreement would be payable to the Sellers’ Representative if the Sellers’ Representative elects to terminate the Alerian Unit Purchase Agreement in these circumstances.

  • This is dependent on the target groups, thematic areas and courses offered.ƒ Pre-training activities for the trainees and trainersƒ Modulesƒ Pedagogyƒ Training materialsƒ Training aids Points to be notedThe institute should develop a training strategy and plan followed by specific training design, in continuation of a comprehensive TNA.

  • The Advisor shall have the right and power, without any further approval of the Company to cause the Escrow Agent to draw on the Letter of Credit, provided that any draws on the Letter of Credit shall remain in the Termination Fee Escrow Account.

  • Any cash in the Termination Fee Escrow Account that exceeds the amounts due and payable under this Agreement shall be disbursed by the Escrow Agent to the Company, by cashier’s check or wire transfer.

  • Aretex Alerian Purchaser entered into an agreement with the Sellers to acquire the equity interests of Alerian (the “Aretex Alerian Acquisition”) which, among other things, facilitates the release to the Buyer of the Termination Fee ( in the amount of US$25,000,000) that was deposited by the Buyer in the Termination Fee Escrow Account pursuant to the Alerian Unit Purchase Agreement.

  • Alternatively (with probaNb−iltity 1 ϵ), the agent chooses theQ-optimal action, i.e. the action that maximises the Q-value from Qmain, doing exploitation of what learnt in the exploration phase.

  • This ERFP Agreement may be terminated by the Advisor or the Company in the event such party has a right to terminate the Advisory Agreement or by the Advisor in the event that Advisor is entitled to transfer cash of the Company to the Termination Fee Escrow Account under the Advisory Agreement.

Related to Termination Fee Escrow Account

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

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

  • 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.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Professional Fee Escrow means an escrow account established and funded pursuant to section 2.6 of the Plan.

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

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

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

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

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

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

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

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

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

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

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Escrow Payments With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.