Common use of Escrow Amount Clause in Contracts

Escrow Amount. (i) The term “Escrow Amount” means an amount in cash equal to the sum of (A) $7,500,000.00 (the “General Escrow Amount”), plus (B) the Specified Liability Escrow Amount (as defined below).

Escrow Amount. (i) The term “Escrow Amount” means an amount in cash equal to the sum of (A) $7,500,000.00 976,000.00 (the “General Escrow Amount”), plus (B) the Specified Liability Escrow Amount (as defined below).”