Buyer Escrow Agreement definition

Buyer Escrow Agreement means that certain Escrow Agreement, dated as of the date hereof, by and among the Escrow Agent, the Company and Buyer.
Buyer Escrow Agreement means that certain escrow agreement to be entered into by and among First Mercantile Trust Company, a Tennessee state trust company, Bank A, the Company, Xxxxxxxx X. Xxxxxx III, X. Xxxxxx Xxxxxxxx and Xxxxxxx X. Xxxxxx and Wilmington Trust, N.A., a national banking association, as escrow agent, prior to Closing.
Buyer Escrow Agreement has the meaning set forth in Section 11.18 hereof.

Examples of Buyer Escrow Agreement in a sentence

  • On the Closing Date, Buyer and Seller shall enter into an Escrow Agreement in form and substance reasonably satisfactory to Seller and Buyer ("Escrow Agreement") pursuant to which Seller shall deposit Three Million Dollars ($3,000,000 ) ("Escrow Amount") with a mutually satisfactory escrow agent to be chosen by the parties solely for purposes of Seller's indemnification obligations under Section 9.2(c).

  • The Buyer Escrow Agreement is in full force and effect and is a legal, valid and binding agreement of MSK, subject to the Enforceability Exceptions.

  • If the Buyer Break-Up Fee becomes payable to Seller under this Section 14.2(a), Buyer will promptly join Seller in delivering written instructions to the Escrow Agent, jointly executed by Buyer and Seller, instructing the Escrow Agent to pay to Seller the amount of the Buyer Break-Up Fee from the Buyer Escrow Fund in accordance with the Buyer Escrow Agreement.

  • No event has occurred which, with or without notice, lapse of time or both, would constitute a default or breach on the part of MSK under the Buyer Escrow Agreement.

Related to Buyer Escrow Agreement

  • 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.

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

  • 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.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

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

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

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

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

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

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

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

  • Escrow Deposit Agreement means the agreement provided for in Section 4.02(a) of this Resolution.

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

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

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

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

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

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

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Buyer Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Buyer under this Agreement or in connection herewith.