Closing Payment Escrow definition

Closing Payment Escrow means that certain escrow account into which the Closing Cash Consideration and Closing Shares shall be paid to be held until the Payment Date.
Sample 1

Examples of Closing Payment Escrow in a sentence

  • CAC/MSOS further noted that Centra had restated the synergy savings to be $10.3 million, a number arrived at by subtracting the $5.0 million in disallowed synergies from its most recent forecast of synergy savings for 2003/04 of $15.3 million.

  • Includes 4,290 Series C Shares beneficially owned by Ms. Saskowitz that are being held in escrow and are subject to cancellation until April 10, 2014 pursuant to the terms of the Closing Payment Escrow Agreement.

  • Includes 2,860 shares beneficially owned by Ms. Ackerman that are being held in escrow and are subject to cancellation until April 10, 2014 pursuant to the terms of the Closing Payment Escrow Agreement.

  • Includes 2,860 Series C Shares beneficially owned by Ms. Ackerman that are being held in escrow and are subject to cancellation until April 10, 2014 pursuant to the terms of the Closing Payment Escrow Agreement.

  • Includes 4,290 shares beneficially owned by Ms. Saskowitz that are being held in escrow and are subject to cancellation until April 10, 2014 pursuant to the terms of the Closing Payment Escrow Agreement.

  • Includes 1,950 shares beneficially owned by Mr. Weeber that are being held in escrow and are subject to cancellation until April 10, 2014 pursuant to the terms of the Closing Payment Escrow Agreement.

  • As a consequence, Marsden suggested participation needs to incorporate ‘traditional’, ‘local’ or ‘indigenous’ knowledge into the development attempt.

  • Includes 1,950 Series C Shares beneficially owned by Mr. Weeber that are being held in escrow and are subject to cancellation until April 10, 2014 pursuant to the terms of the Closing Payment Escrow Agreement.

  • However, this survey raises questions on the validity and reliability of the model.

  • The Escrow Securities shall be withheld from delivery to the Stockholders and segregated from securities issuable to them at Closing and placed in escrow pursuant to the terms of the Closing Payment Escrow Agreement.

Related to Closing Payment Escrow

  • Closing Payment has the meaning set forth in Section 2.2(a).

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

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

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

  • 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 Amount means $3,000,000.

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

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

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

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

  • 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.

  • 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.

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

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

  • 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.

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

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

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

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

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

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

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

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.