Working Capital Escrow Agreement definition

Working Capital Escrow Agreement means the escrow agreement to be entered into at Closing by Parent, the Equityholder Representative and the Escrow Agent in substantially the form attached hereto as Exhibit B.

Working Capital Escrow Agreement means that certain Working Capital Escrow Agreement, to be dated effective as of the Closing Date, to be entered into by the Acquiror, the Securityholder Representative and the Escrow Agent, in the form attached as Exhibit E hereto.

Working Capital Escrow Agreement has the meaning set forth in Section 3.2(b).

Examples of Working Capital Escrow Agreement in a sentence

• Purchaser and the Escrow Agent having executed and delivered the Escrow Agreement and the Working Capital Escrow Agreement.

• The Parties agree that they will use their respective commercially reasonable efforts to cause the Working Capital Escrow Agent and the Indemnity Escrow Agent, respectively, to return at the Closing a duly executed counterpart executed by each such Escrow Agent to the Working Capital Escrow Agreement and Indemnity Escrow Agreement, as applicable.

• At Closing, the Purchaser shall deliver or cause to be delivered to the Representative the Indemnity Escrow Agreement and the Working Capital Escrow Agreement, duly executed by the Purchaser and proof of payment of the LLC Interest Purchase Price as required under Section 2.03(c) hereof and of the payment of the portion of the Initial Stock Purchase Price as required under Section 2.03(b) hereof.

• This Agreement (including the Exhibits and Schedules hereto), the Share Repurchase Agreement, the Support Agreement, Working Capital Escrow Agreement, Termination and Release Agreement and the Confidentiality Agreement represent the entire understanding and agreement between the parties hereto with respect to the subject matter hereof.

• If there is a Working Capital Deficit and it is less than $2 million, then an amount equal to the Working Capital Deficit shall be released from the Working Capital Escrow to Purchaser and the balance of the Working Capital Escrow Amount shall be released from the Working Capital Escrow to be distributed to the Company Stockholders in accordance with this Agreement and the Working Capital Escrow Agreement.

More Definitions of Working Capital Escrow Agreement

Working Capital Escrow Agreement shall have the meaning set forth in Section 1.10(iii).

Working Capital Escrow Agreement means the agreement between the Working Capital Escrow Agent, Purchaser and Sellers in the form set forth hereto as Exhibit C.

Working Capital Escrow Agreement means an escrow agreement to be entered into on the Closing Date among Stockholders’ Representative, Buyer, the Company and the Working Capital Escrow Agent securing Stockholders’ obligations under Section 1.18, in the form attached hereto as Exhibit B.

Working Capital Escrow Agreement has the meaning set forth in Section 2(e)(ii)(B).

Working Capital Escrow Agreement means the Escrow Agreement to be entered into at the Closing by Buyer, ISA and the Escrow Agent, in form and substance reasonably satisfactory to such Persons.

Working Capital Escrow Agreement means that certain escrow agreement dated as of the Closing Date, by and among the Working Capital Escrow Agent, Buyer and Seller, in the form provided by the Working Capital Escrow Agent and reasonably acceptable to both Parties.

Working Capital Escrow Agreement means an escrow agreement to be entered into on the Closing Date among Stockholders’ Representative, Buyer, the Company and the Working Capital Escrow Agent securing Stockholders’ obligations under Section 1.18, in the form attached hereto as Exhibit B .