Examples of Environmental Escrow Amount in a sentence
By satisfying all of these requirements, the adaptive signal control system is considered very capable.
The Environmental Escrow Amount shall be held and disbursed solely for the purposes and in accordance with the terms hereof and the Escrow Agreement.
The General Escrow Amount and the Environmental Escrow Amount shall be released in accordance with the terms of the Escrow Agreement.
Upon completion of such environmental assessment, the Parent shall cause a copy of all written reports and analytical results to be delivered to the Company and the Parent and the Company shall engage in a good faith effort to mutually agree in writing on an amount to be deposited into the Rochester Environmental Escrow Account to provide the indemnification set forth in Section 10.2(b)(i)(B) (the "Rochester Environmental Escrow Amount").
Seller hereby authorizes and instructs Buyer, at the Closing, to deduct the General Escrow Amount, the Environmental Escrow Amount and the UST Line Escrow Amount from the Purchase Price, and deliver such funds to the Escrow Agent to be held in the General Escrow Account, the Environmental Escrow Account, or the UST Line Escrow Account, as applicable, in accordance with the terms and conditions of this Agreement and the Escrow Agreement.