Adjusted Indemnity Escrow Amount definition

Adjusted Indemnity Escrow Amount means at the time such term is being used in this Agreement, the amount of funds in the Indemnity Escrow Amount as it has been adjusted as provided in this Agreement and in the Escrow Agreement.
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Examples of Adjusted Indemnity Escrow Amount in a sentence

  • If the Continuing Indemnity Escrow is more than the Adjusted Indemnity Escrow Amount, there shall be no disbursements from the Indemnity Escrow Amount at that time.

  • If the tentatively assumed Final Continuing Indemnity Escrow is more than the Adjusted Indemnity Escrow Amount, there shall be no disbursements from the Indemnity Escrow Amount at that time.

  • If the Final Continuing Indemnity Escrow is more than the Adjusted Indemnity Escrow Amount, there shall be no disbursements from the Indemnity Escrow Amount at that time.

  • Enlargement they observed would lead to a severely imbalanced EU territory in terms of the widening disparities between Member States and especially between regions and the capacity of Member States to address regional problems.

  • The Borrower shall default in the payment when and as due(b) (whether at maturity, by reason of acceleration or otherwise) of interest on any Loan or Reimbursement Obligation or the payment of any other Obligation, and such default shall continue for a period of three (3) Business Days.

  • If such tentatively calculated Continuing Indemnity Escrow is less than the Adjusted Indemnity Escrow Amount, then the Parent and the Stockholders’ Agent shall promptly provide joint written directions to the Escrow Agent to disburse (and the intended recipients shall be entitled to demand from the Escrow Agent and receive) such difference between the tentatively calculated Continuing Indemnity Escrow and the Adjusted Indemnity Escrow Amount in accordance with the Agreed Escrow Distribution Methodology.

Related to Adjusted Indemnity Escrow Amount

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

  • 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.

  • Indemnification Escrow Amount has the meaning specified in Section 3.6(a).

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • 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 Amount means $1,000,000.

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • 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.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

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

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

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

  • 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.

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

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Buyer Losses has the meaning set forth in Section 10.1(a).

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”