Earn-Out Escrow Amount definition

Earn-Out Escrow Amount means cash in the amount of $5,000,000 to be deposited with the Escrow Agent and held in a segregated account pursuant to the Escrow Agreement. Stock Purchase Agreement - 3

Earn-Out Escrow Amount shall have the meaning set forth in Section 2.2(c)(vii) hereof.

Earn-Out Escrow Amount has the meaning set forth in Section 2.12(a)(i).

Examples of Earn-Out Escrow Amount in a sentence

• If any portion of the Post Closing Earn-Out Escrow Amount that is allocated to a particular Post Closing Earn-Out Amount on Schedule 2.4 remains after such Post Closing Earn-Out Amount has been satisfied in full, such remaining amount will be paid to RGHI.

• The Post Closing Earn-Out Escrow Amount will reduce the cash amount paid at the Closing to RGHI.

• The Indemnity Escrow Amount, the Adjustment Escrow Amount, and the Earn-Out Escrow Amount will be held and disbursed by the Escrow Agent solely for the purposes and in accordance with the terms of this Agreement and the Escrow Agreement.

• The Earn-Out Escrow Amount shall be held by the Escrow Agent and invested by the Escrow Agent in accordance with the terms of the Escrow Agreement and shall be disbursed in accordance with this Section 6.13 and the Escrow Agreement.

• Within three (3) Business Days following the expiration of the Earn-Out Escrow Period, the Representative and Buyer will instruct the Escrow Agent to release to the Representative (on behalf of the Unitholders) any remaining, undisputed portion of the Earn-Out Escrow Amount.

• As of the date hereof, Schedule 2.2, sets forth with respect to each Option Holder, as if the Closing were to occur on the date hereof, his or her name, Option Units, Option Unit exercise price(s), Option Termination Payment, applicable withholding Taxes, Purchase Price Pro Rata Percentage, contribution to the Escrow Amount, contribution to the Earn-Out Escrow Amount, and contribution to the Net Asset Escrow Amount.

• The Indemnity Escrow Amount, Adjustment Escrow Amount, and Earn-Out Escrow Amount shall be held as a trust fund and will not be subject to any Lien, attachment, trustee process or any other judicial process of any creditor of any Party.

• For a period of eighteen (18) months following the Closing Date (the “Earn-Out Escrow Period”), Buyer (or any of its Affiliates) shall have the right to recover, solely from the Earn-Out Escrow Amount, fifty percent (50%) of any portion of the Kitsap Permit Earnout Amount (as defined in the Kitsap SPA) actually incurred and required to be paid by X.X. Xxxx & Sons, Inc.

• At the Closing, Buyer shall deposit, or shall cause to be deposited, with the Escrow Agent cash in an amount equal to the Indemnity Escrow Amount, the Adjustment Escrow Amount, and the Earn-Out Escrow Amount.

More Definitions of Earn-Out Escrow Amount

Earn-Out Escrow Amount means an amount equal to $1,000,000.

Earn-Out Escrow Amount means $3,450,000.

Earn-Out Escrow Amount means $2,242,200 (subject to reduction pursuant to Section 9.02(m)(iii)).

Earn-Out Escrow Amount has the meaning set forth in Section 3.2(c)(iv).

Earn-Out Escrow Amount means $2,242,200 (subject to reduction pursuant to S ection 9.02(m)(iii)).

Earn-Out Escrow Amount has the meaning specified in Section 2.03(b).