Acquisition Escrow Account definition

Acquisition Escrow Account means the escrow account established under, and governed by, the Acquisition Escrow Agreement.
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Acquisition Escrow Account means an account of Setterwalls Advokatbyrå AB with Svenska Handelsbanken AB, as contemplated by the Acquisition Escrow Account Agreement.
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Acquisition Escrow Account means that certain interest bearing deposit account referred to as the “Second Escrow Account” under the Acquisition Escrow Agreement in the name of the Escrow Agent at ABN Amro into which, upon the occurrence of the Disbursement Escrow Release Date, the Disbursement Escrow Deposit Amount will be transferred by the Escrow Agent on such Closing Date, and held by the Escrow Agent until the earlier of (x) the Acquisition Escrow Release Date and (y) the Acquisition Escrow Termination Date.
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Examples of Acquisition Escrow Account in a sentence

  • The Distribution Account and the Property Acquisition Escrow Account may be combined into one deposit account at KeyBank.

  • If the Acquisition is not completed by 31 March 2018 (unless the time period is extended in accordance with the SPA and the Issuer has notified the Agent of such extension) and a pledge over the Acquisition Escrow Account Agreement has been entered into, the Issuer shall take all actions available to it under the Acquisition Escrow Account Agreement and otherwise to ensure that all Bonds are redeemed at a price of 101.00 per cent.

  • The Escrow Agent shall establish an interest-bearing escrow account which escrow account shall be entitled "Western Bancorp Acquisition Escrow Account (the "Escrow Account").

  • Notwithstanding the foregoing, the Billings Acquisition Escrow Account shall not be subject to the requirements of this Section 5.15(d)(i)(A) prior to the earlier of the Billings Acquisition Date and the prepayment of the Billings Acquisition Borrowing in accordance with Section 2.4(e)(iii).

Related to Acquisition Escrow Account

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

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Escrow Accounts means (1) accounts of Parent or any Subsidiary, solely to the extent any such accounts hold funds set aside by Parent or any Subsidiary to manage the collection and payment of amounts collected, withheld or incurred by Parent or such Subsidiary for the benefit of third parties relating to: (a) federal income tax withholding and backup withholding tax, employment taxes, transportation excise taxes and security related charges, (b) any and all state and local income tax withholding, employment taxes and related charges and fees and similar taxes, charges and fees, including, but not limited to, state and local payroll withholding taxes, unemployment and supplemental unemployment taxes, disability taxes, xxxxxxx’x or workers’ compensation charges and related charges and fees, (c) state and local taxes imposed on overall gross receipts, sales and use taxes, fuel excise taxes and hotel occupancy taxes, (d) passenger facility fees and charges collected on behalf of and owed to various administrators, institutions, authorities, agencies and entities, (e) other similar federal, state or local taxes, charges and fees (including without limitation any amount required to be withheld or collected under applicable law) and (f) other funds held in trust for, or otherwise pledged to or segregated for the benefit of, an identified beneficiary; or (2) accounts, capitalized interest accounts, debt service reserve accounts, escrow accounts and other similar accounts of Parent or any Subsidiary or funds established in connection with the ARB Indebtedness.

  • 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.

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).

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

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Indemnity Escrow Amount means $3,000,000.

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

  • Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Working Capital Escrow Amount means $2,000,000.

  • 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.

  • Indemnity Escrow Fund means the Indemnity 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 remaining interest or other amounts earned thereon.

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

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

  • 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 [*];

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

  • Escrow Fund has the meaning ascribed to it in Section 7.2(a).

  • Escrow Cash is defined in Section 4.1(a).

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

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

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