Additional Escrow Amount definition

Additional Escrow Amount means an amount equal to (a) all interest that could accrue on the New Senior Notes from and including the date of issuance thereof to and including the Termination Date and (b) all fees and expenses that are incurred in connection with the issuance of the New Senior Notes and all fees, expenses or other amounts payable in connection with the New Senior Notes Redemption.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Additional Escrow Amount means an amount equal to (a) all interest that could accrue on any Future Escrow Debt from and including the date of issuance thereof to and including the date of any potential mandatory redemption to occur if the proceeds of such Future Escrow Debt are not released from the applicable Future Escrow Account, plus (b) the amount of any original issue discount on such Future Escrow Debt, plus (c) all fees and expenses that are incurred in connection with the issuance of such Future Escrow Debt and all fees, expenses or other amounts payable in connection with any redemption of such Future Escrow Debt.

Additional Escrow Amount means an amount equal to (a) all interest that could accrue on any Escrow Notes from and including the date of issuance thereof to and including the date of any potential mandatory redemption to occur if the proceeds of such Escrow Notes are not released from the applicable Escrow Account, plus (b) the amount of any original issue discount on such Escrow Notes, plus (c) all fees and expenses that are incurred in connection with the issuance of such Escrow Notes and all fees, expenses or other amounts payable in connection with any redemption of such Escrow Notes.

Examples of Additional Escrow Amount in a sentence

The Additional Escrow Amount, from time to time, together with the interest earned thereon, shall be deposited and held in the Escrow Fund and released in accordance with Articles 4 and 5, respectively.
The Initial Purchasers shall have received evidence that the Escrow Account has been established and the Additional Escrow Amount shall have been deposited or on the Closing Date will be concurrently deposited into the Escrow Account.
The Additional Escrow Amount shall be either in cash or letter of credit as provided in Article III hereof.
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.
Upon final resolution of any Environmental Disputed Matter, the Escrow Agent shall, pursuant to Section 2.5, deliver the applicable Environmental Escrow Amount out of the Additional Escrow Amount in accordance with the decision of the arbitrator.

More Definitions of Additional Escrow Amount

Additional Escrow Amount means an amount equal to (a) all interest that could accrue on any Escrow Debt from and including the date of issuance thereof to and including the date of any potential mandatory redemption to occur if the proceeds of such Escrow Debt are not released from the applicable Escrow Account, plus (b) the amount of any original issue discount on such Escrow Debt, plus (c) all fees and expenses that are incurred in connection with the issuance of such Escrow Debt and all fees, expenses or other amounts payable in connection with any redemption of such Escrow Debt.

Additional Escrow Amount means $150,000.

Additional Escrow Amount means an amount equal to (a) all interest that could accrue on any Future Escrow Notes from and including the date of issuance thereof to and including the date of any potential mandatory redemption to occur if the proceeds of such Future Escrow Notes are not released from the applicable Future Escrow Account, plus (b) the amount of any original issue discount on such Future Escrow Notes, plus (c) all fees and expenses that are incurred in connection with the issuance of such Future Escrow Notes and all fees, expenses or other amounts payable in connection with any redemption of such Future Escrow Notes.

Additional Escrow Amount means the sum of (i) the Title Escrow Amount, if any, and (ii) the aggregate Environmental Escrow Amounts, if any.

Additional Escrow Amount has the meaning ascribed to it in Section ------------------------ 7.2(a).

Additional Escrow Amount means an amount equal to $3,600,000.

Additional Escrow Amount means that certain equity contribution from the Equity Investors, in the amount of $20 million, which is placed in the Escrow and Pledge Account with the net proceeds realized from the sale of the Notes.