Earnout Purchase Price Escrow Agreement definition

Earnout Purchase Price Escrow Agreement means that certain Escrow Agreement (Earnout Purchase Price – Pick ‘n Save Center) dated July 11, 2014 executed by and between Borrower and Seller which provides the terms and conditions for Borrower to deposit the Seller Earnout as construction of the New Construction Building is completed by the Seller with Chicago Title Insurance Company as Escrow Agent.
Sample 1

Examples of Earnout Purchase Price Escrow Agreement in a sentence

  • The Guarantor shall also be responsible for the Borrower Earnout Payment when due by Borrower to Seller under Section 1.5 of the Purchase Agreement, Section 2 of the Post Closing and Indemnity Agreement and Section 3 of the Earnout Purchase Price Escrow Agreement (as to the Unbuilt Vacant Space only) pursuant to the Guaranty if Borrower fails to timely make such payment.

  • As of the Closing Date, Borrower has also entered into the Post Closing and Indemnity Agreement and the Earnout Purchase Price Escrow Agreement in connection with the Construction Management Agreement.

Related to Earnout Purchase Price Escrow Agreement

  • 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.

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

  • 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.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

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

  • 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.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

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

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

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

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

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • 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 Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Earnout Consideration shall have the meaning specified in Section 2.03(b).

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Purchase Price Allocation Schedule has the meaning set forth in Section 5.11(f)(ii).

  • 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.

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

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

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

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