Escrow Claim Notice definition

Escrow Claim Notice has the meaning set forth in Section 9.7(a).
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Escrow Claim Notice has the meaning set forth in Section 4.1(a) hereof.
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Escrow Claim Notice. Is defined in Section 6.6(b).
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Examples of Escrow Claim Notice in a sentence

  • The Second Escrow Claim Notice shall be final and binding on the Buyer unless within ten (10) days following receipt thereof, the Buyer disputes any calculation thereon by delivering a written notice to the Seller and the Escrow Agent (the “Second Escrow Dispute Notice”).

  • The Second Escrow Claim Notice shall be accompanied by reasonable supporting documentation setting forth the amount and nature of any allowed administrative expenses or allowed priority tax claims for which a deficiency exists and the amount of the deficiency.

  • The division grew revenue by 27% from continuing operations including Restonic for six months.

  • On April 4, 2007, LaSalle Bank received an Escrow Claim Notice issued by Angiotech, which directed LaSalle to remit the $20 million to Angiotech as Buyer.

  • On or about Apri1 16, 2007, LaSalle received from RoundTable a Notice of Objection to Angiotech's Escrow Claim Notice.

  • Notwithstanding anything to the contrary herein, this Agreement shall continue in full force and effect so long as any Indemnity Holdback Shares remain deposited with the Escrow Agent and the Escrow Agent shall not distribute any Indemnity Holdback Shares that are the subject of any Escrow Claim Notice unless instructed to distribute such Indemnity Holdback Shares by Written Instruction.

  • Plaintiff seeks: (1) a declaration that no Specific Escrow Claim Notice was timely given prior to the Specific Escrow Termination Date; (2) alternatively, if a Specific Escrow Claim Notice was timely given, a declaration that, with the exception of 1,892.83 Specific Escrow Shares, no valid Specific Escrow Claim Notice was given; and (3) a declaration that the Escrow Agent must release one-third of the remaining Specific Escrow Shares to Plaintiff.

  • If the contents and delivery of a Claim Notice satisfy the content and delivery requirements of an Escrow Claim Notice (as defined in Section 10.5 below) pursuant to Section 10.5 below, then such Claim Notice shall also be deemed to be an Escrow Claim Notice.

  • If Seller does not object in writing within ten Business Days of the receipt of the Escrow Claim Notice, then the Buyer shall be entitled to recover Damages described in the Escrow Claim Notice from the Escrow Fund and Buyer and Seller shall provide joint written instructions to the Escrow Agent instructing the Escrow Agent to release such amounts.

  • Any such successor to the Escrow Agent shall agree to be bound by the terms of this Agreement and shall, upon receipt of the Escrow Fund, all relevant books and records (including any Escrow Claim Notice) relating thereto and any instruments in which the Escrow Fund has been invested in accordance with this Agreement, become the Escrow Agent hereunder.


More Definitions of Escrow Claim Notice

Escrow Claim Notice is defined in Section 10.10(a)(i).
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Escrow Claim Notice as defined in Section 7.7(b)(i)(1).
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Escrow Claim Notice has the meaning specified in Section 6(a)(i).
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Escrow Claim Notice means a notice from Amcast, Italco or any of the Companies to the Shareholders and the Escrow Agent which sets forth: (a) the fact that an Indemnity Matter has occurred; (b) the fact that an Indemnity Payment has been made or may be required to be made to Amcast, Italco or the Companies (c) a specification of the amount of the Indemnity Payment; (d) a brief description of the facts which gave rise to the Indemnity Matter; and (e) a request that the Escrow Agent deliver to Amcast, out of the Escrow Fund, an amount of Indemnity Shares corresponding to the Indemnity Payment.
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Related to Escrow Claim Notice

  • Claim Notice has the meaning set forth in Section 8.4(a).

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Expected Claim Notice means a notice that, as a result of a legal proceeding instituted by or written claim made by a third party, an Indemnified Party reasonably expects to incur Damages for which it is entitled to indemnification under Article VII.

  • Claim Certificate shall have the meaning set forth in Section 8.6(a).

  • Claims Notice has the meaning set forth in Section 9.3(a).

  • Indemnity Claim has the meaning set forth in Section 8.3.

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Indemnification Claim has the meaning set forth in Section 10.3.

  • Claim Objection Deadline means the first Business Day that is 180 days after the Effective Date, as may be extended by order of the Bankruptcy Court.

  • Indemnification Escrow Amount has the meaning specified in Section 3.6(a).

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Claimed Amount means the amount of any Damages incurred or reasonably expected to be incurred by the Indemnified Party.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Indemnity Escrow Amount means $3,000,000.

  • Direct Claim has the meaning set forth in Section 8.05(c).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Claims Objection Deadline means the later of: (a) the date that is 180 days after the Effective Date; and (b) such other date as may be fixed by the Bankruptcy Court, after notice and hearing, upon a motion Filed before the expiration of the deadline to object to Claims or Interests.

  • Claim Period means the period of time during which a Settlement Class Member must submit a Claim Form to be eligible to receive a Cash Benefit or Billing Credit Option as part of the Settlement. The Claim Period shall commence not later than thirty (30) days after the Preliminary Approval Date, as defined herein, and shall conclude not more than ninety (90) days after it commences.

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Indemnified Claim has the meaning set forth in Section 8.2.

  • Billing Dispute Notice means a formal, written notice submitted to MultiChoice by the Customer in terms of this Procedure.

  • Third Party Claim has the meaning set forth in Section 7.05(a).

  • Xxxx Dispute Notice means the notice issued by a Party raising a Dispute regarding a Monthly Xxxx or a Supplementary Xxxx issued by the other Party;

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).