Adjustment Escrow Fund definition

Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in the Escrow Agreement, including any remaining interest or other amounts earned thereon.

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Adjustment Escrow Fund shall have the meaning set forth in Section 1.2(b).

Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

Examples of Adjustment Escrow Fund in a sentence

• The Sellers Representative and the Seller Parties (including the Cash Sellers) agree that the Buyer Parties’ maximum aggregate liability for any amounts payable by Buyer pursuant to Section 3.05(c)(ii) (excluding, for the avoidance of doubt, release of the Adjustment Escrow Fund) shall be $2,750,000, even if the final Closing Consideration exceeds the Estimated Closing Consideration by an amount that is greater than $2,750,000.

• Buyer agrees that the Seller Parties’ maximum aggregate liability for any amounts payable to Buyer pursuant to this Section 3.05(c)(iii) shall be the Adjustment Escrow Fund, even if the Estimated Closing Consideration exceeds the final Closing Consideration by an amount that is greater than the amount of the Adjustment Escrow Fund.

• Each Indemnifying Holder shall have the right to receive its Pro Rata Share of any disbursements to be made from the Adjustment Escrow Fund in accordance with the terms of this Agreement and the Escrow Agreement.

More Definitions of Adjustment Escrow Fund

Adjustment Escrow Fund has the meaning set forth in Section 1C.

Adjustment Escrow Fund means a fund to be established by the Escrow Agent, in which the Adjustment Escrow Cash will be deposited, to be held and delivered in accordance with Section 1.4.

Adjustment Escrow Fund means the Adjustment Escrow Amount paid to the Escrow Agent, and any interest earned thereon, which shall be maintained and administered by the Escrow Agent in accordance with the Escrow Agreement to provide a source of funds for the payment of the amounts owing to Purchaser or the Sellers, as applicable, under Section 2.4(d).

Adjustment Escrow Fund means a separate account in which the Adjustment Escrow Amount will be deposited to be held in trust with the Escrow Agent for the benefit of the Escrow Participants in accordance with this Agreement and the Escrow Agreement.

Adjustment Escrow Fund means the Adjustment Escrow Amount together with all earnings, if any, thereon.

Adjustment Escrow Fund has the meaning given to such term in the Escrow Agreement.

Adjustment Escrow Fund means at any time, the aggregate funds and other assets then held in the escrow account established by depositing the Adjustment Escrow Amount with the Escrow Agent in accordance with the Escrow Agreement to partially secure the payment of the Downwards Adjustment Amount, if any.