Examples of Additional Escrow Amount in a sentence
Thereafter, after resolution of all unresolved Indemnity Claims (other than against the Escrow Fund (Additional Escrow Amount), Parent and the SH Rep shall deliver Joint Written Instructions to the Escrow Agent instructing the Escrow Agent to deliver to the TEI Bio Securityholders entitled to receive Closing Merger Consideration any remaining amount in the Escrow Fund (Escrow Amount), except as provided in the Support Agreement with respect to Joint Securityholders.
The Additional Escrow Amount, together with the escrow of US$100 million provided under the Equity Transfer Agreement, may be used for payment of this performance based adjustment amount (the “Performance Based Adjustment Amount”).
In addition at the time of the payment of the Purchase Price under the Purchase Agreement, the Purchaser shall deliver to the Escrow Agent the Additional Escrow Amount (as defined in the Purchase Agreement) by wire transfer in immediately available funds to such account.
Forty-eight semester units or the quarter unit equivalent of postsecondary vocational training, related to the subject(s) to be named on the preliminary credential and verified by official transcript, may be used for a maximum of two of the three years of experience.
The Additional Escrow Amount shall be either in cash or letter of credit as provided in Article III hereof.