Escrow Cash definition

Escrow Cash is defined in Section 4.1(a).

Escrow Cash means the proceeds from the sale of the Escrow Shares pursuant to Section 12 of the Escrow Agreement.

Escrow Cash has the meaning set forth in Section 1.7(d).

Examples of Escrow Cash in a sentence

• Reserve Upfront RE Tax Reserve Monthly RE Tax Reserve RE Tax Escrow Cash or LOC Counterparty of RE Tax Escrow LOC Upfront Ins.

• The cash deposited in Escrow Cash Account represents more than 25% of the total consideration payable to the Equity Shareholders under this Offer.

• The cash deposited in Escrow Cash Account represents 100% of the total consideration payable to the Equity Shareholders under this Offer.

• On the Effective Date, to the extent known, the Debtor or the Plan Administrator shall reserve and hold in the Professional Expense Escrow Cash in an amount equal to accrued but unpaid Fee Claims as of the Effective Date, which Cash shall be used, until all Allowed Fee Claims have been paid in full, solely for the payment of Allowed Fee Claims.

• The Escrow Cash shall be invested from time to time by the Indemnity Escrow Agent as provided in the Indemnity Escrow Agreement.

More Definitions of Escrow Cash

Escrow Cash has the meaning assigned to it in Section 3.1(c).

Escrow Cash shall have the meaning set forth in Section 1.5(b).

Escrow Cash has the meaning ascribed thereto in Section 2.4(b) hereto.

Escrow Cash means the sum of the Working Capital Escrow Amount and the Known Claims Escrow Amount.

Escrow Cash means an amount of cash equal to the sum of (i) ten percent (10%) of the Total Share Purchase Consideration and (ii) the Separate Escrow Amount.

Escrow Cash means an amount of cash equal to $6,200,000.

Escrow Cash means ten million dollars ($10,000,000) in cash if the Closing occurs on or before August 31, 2008, and twelve million dollars ($12,000,000) in cash if the Closing occurs after August 31, 2008 and the Purchase Price has been increased by twenty million dollars ($20,000,000) pursuant to clause (c)(iii) of the definition of Purchase Price.