Working Capital Escrow Fund definition

Working Capital Escrow Fund means the Working Capital Escrow Amount deposited into escrow pursuant to the Escrow Agreement.

Working Capital Escrow Fund shall have the meaning set forth in Section 2.6(d)(ii).

Working Capital Escrow Fund has the meaning given in Section 3(a).

Examples of Working Capital Escrow Fund in a sentence

• Upon payment to Buyer from the Working Capital Escrow Fund and, if required, Sellers as provided in the preceding sentences, Member Representative and Seller shall be fully released and discharged of any obligation to Buyer with respect to payment of the Post-Closing Adjustment.

• After giving effect to any payment to Buyer contemplated by the immediately preceding sentence, if any, the remaining balance of the Working Capital Escrow Fund promptly will be disbursed to the Member Representative.

• Dr. Annunziata testified with respect to the human pylorus and the process of stomach digestion and emptying.

• Pursuant to Section 1.3 of the Escrow Agreement, the undersigned hereby instruct you to disburse from the Working Capital Escrow Fund (as defined in the Escrow Agreement), account number , to the amount of $ , by wire transfer to the account identified on Exhibit I hereto.

• The Escrow Agent will hold the Working Capital Escrow Fund until the receipt of instructions set forth in the Joint Instruction, and the Escrow Agent shall promptly pay or deliver the Working Capital Escrow Fund (or the appropriate portion thereof) to Purchaser and/or to Seller Parties, as applicable and as specified in the Joint Instructions, within two (2) Business Days of its receipt of such Joint Instructions.

More Definitions of Working Capital Escrow Fund

Working Capital Escrow Fund means the Working Capital Escrow Amount, and any interest or other amounts earned on it and less and disbursements from it in accordance with the Escrow Agreement.

Working Capital Escrow Fund means the fund established pursuant to Section 1.8(b) and the Escrow Agreement, including the Working Capital Escrow Amount.

Working Capital Escrow Fund means $1,500,000.

Working Capital Escrow Fund means Five Hundred Thousand Dollars ($500,000.00) which amount shall be deposited with and held by the Escrow Agent together with any interest or earnings thereon pursuant to the Escrow Agreement to secure and serve as a fund in respect of any payment obligations of Sellers set forth in Section 2.4.

Working Capital Escrow Fund means an amount equal to $1,000,000 to be held for the purpose of securing the obligations of the Company and the Sellers in Section 2.4.

Working Capital Escrow Fund means the Working Capital Escrow Amount deposited with the Escrow Agent on the Closing Date, together with all interest, dividends and other income earned with respect thereto, less amounts disbursed therefrom in accordance with this Agreement and the Escrow Agreement.

Working Capital Escrow Fund means the Working Capital 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 interest or other amounts earned thereon.