Adjustment Escrow Funds means the amounts held in the Adjustment Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investments thereof, less distributions thereof in accordance with this Agreement and the Escrow Agreement.
Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.
Purchase Price Adjustment Escrow Amount means $3,000,000.
Closing Cash Payment has the meaning set forth in Section 2.06(a).
Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.
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.
Closing Payment has the meaning set forth in Section 2.2(a).
Closing Cash Consideration has the meaning set forth in Section 2.6(b).
Prepayment Consideration shall have the meaning set forth in Section 2.3.1.
Closing Cash Amount has the meaning set forth in Section 2.2.
Earnout Payment has the meaning set forth in Section 2.3(b).
Escrow Cash is defined in Section 4.1(a).
Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).
Closing Date Cash means Company Cash as of 11:59 P.M. on the date immediately prior to the Closing Date.
Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.
Estimated Closing Cash has the meaning set forth in Section 2.4(a).
Adjustment Escrow Amount means $1,000,000.
Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.
Closing Payment Amount shall have the meaning set forth in Section 3.1(a).
Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.
Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.
Closing Consideration shall have the meaning set forth in Section 2.1(b).
Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.
Loan Purchase Price With respect to any Home Equity Loan purchased from the Trust on or prior to a Monthly Remittance Date pursuant to Section 3.04, 3.06(b) or 8.10(b) hereof, an amount equal to the outstanding principal balance of such Home Equity Loan as of the date of purchase (assuming that the Monthly Remittance Amount remitted by the Servicer on such Monthly Remittance Date has already been remitted), plus all accrued and unpaid interest on such Home Equity Loan at the Coupon Rate to but not including the date of such purchase together with (without duplication) the aggregate amounts of (i) all unreimbursed Delinquency Advances and Servicing Advances theretofore made with respect to such Home Equity Loan, (ii) all Delinquency Advances which the Servicer has theretofore failed to remit with respect to such Home Equity Loan, (iii) all reimbursed Delinquency Advances and Servicing Advances to the extent that reimbursement is not made from the Mortgagor and (iv) any costs and damages incurred by the Trust in connection with any violation by the Home Equity Loan of any predatory or abusive lending law.
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.
Earn-Out Payment has the meaning set forth in Section 2.5(a).