Developing Agents Escrow Release Date definition

Developing Agents Escrow Release Date means the earlier of (i) the Business Day following the date on which the Sellers or their Affiliates either (a) obtain a final non-appealable judgment or (b) reach a final binding settlement with each Developing Agent, which settlement or judgment does not, or could not reasonably be expected to, result in any liability or loss to the Buyer or its Affiliates, including any loss due to a Developing Agent terminating its Developing Agent Franchise Agreements or (ii) fifteen (15) months after the Closing Date.
Sample 1Sample 2

Related to Developing Agents Escrow Release Date

  • Escrow Release Date means the date of the Escrow Release.

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

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

  • Collateral Release Date shall have the meaning provided in Section 10.15(d).

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • 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.

  • Escrow and Paying Agent Agreement means, with respect to either Class of Certificates, the Escrow and Paying Agent Agreement pertaining to such Class dated as of the date hereof between the Escrow Agent, the Underwriters, the Trustee for such Class and the Paying Agent, as the same may be amended, modified or supplemented from time to time in accordance with the terms thereof.

  • Escrow Receipt Means the receipt substantially in the form annexed to the Escrow Agreement representing a fractional undivided interest in the funds held in escrow thereunder.

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

  • Release Date means the date on which the Initial Shares are disbursed from escrow pursuant to Section 3 of that certain Stock Escrow Agreement dated as of the date hereof by and among the Investors and Continental Stock Transfer & Trust Company.

  • Final Discharge Date means the later to occur of the Senior Secured Discharge Date, the Second Lien Discharge Date, the High Yield Discharge Date and the Unsecured Discharge Date.

  • Sellers’ Representative has the meaning set forth in the Preamble.

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Rollover Notification Date shall be defined as set forth in the Prospectus under "Summary of Essential Information."

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Closing Agent means the attorney, real estate firm, or closing company that is closing the cash sale qualifying purchase transaction and that prepares the cash sale settlement statement.

  • Non-Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

  • Release Event has the meaning set forth in Section 6(b).

  • Non-Lead Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

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

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • 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.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.