Closing Escrow Deposit definition

Closing Escrow Deposit means an amount equal to 5% of the Cash Purchase Price.
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Closing Escrow Deposit has the meaning set forth in Section 3.4(a) of the Agreement.
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Closing Escrow Deposit means cash in the amount of $250,000 to be paid by the Buyer into escrow at the Closing.
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Examples of Closing Escrow Deposit in a sentence

  • Food losses and wasteA recent FAO study, Global food losses and food waste – extent, causes and prevention has shown that around one-third of the food we produce is not consumed (Gustavsson et al., 2011).

  • Such reduction of the Purchase Price shall be accomplished by making a claim against and reducing the Post Closing Escrow Deposit for as long as the Post Closing Escrow Deposit remains deposited with the Escrow Agent (and is not exhausted).

  • The aggregate amount of the Contingent Payment payable to the Sellers in the aggregate will be calculated by Buyer on the 30th day following the Closing Date (the "Calculation Date") and shall be equal to the lesser of (A) the Closing Escrow Deposit and (B) the product of (i) 13,554,728, MULTIPLIED BY (ii) the amount, if any, by which (x) the Average NYMEX Price per MMBtu of gas exceeds (y) $2.10 per MMBtu of gas.

  • Buyer shall deposit the Closing Escrow Deposit in the Escrow Account pursuant to an Escrow Agreement in the form attached as Exhibit E.

  • Execute and deliver the Escrow Agreement and deposit the Post Closing Escrow Deposit with the Escrow Agent in accordance with the Escrow Agreement.

  • At 2004, there was an imbalance of employment over labour (economically active people) of 29,699 in Reading Borough, and 26,457 in the area covered by Reading, West Berkshire and Wokingham, i.e. the travel to work area.


More Definitions of Closing Escrow Deposit

Closing Escrow Deposit is defined in Section 4.3(b) of this Agreement.
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Related to Closing Escrow Deposit

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

  • 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.

  • 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.

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

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

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

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

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

  • 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.

  • Adjustment Escrow Amount means $1,000,000.

  • 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.

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

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

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

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

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

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

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

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

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

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

  • 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.

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

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).