Escrow Fund Release Date definition

Escrow Fund Release Date means three (3) business days after the date of this Amendment as set forth hereinabove.
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Escrow Fund Release Date has the meaning set forth in Section 2.8.
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Escrow Fund Release Date means May 15, 2016.
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Examples of Escrow Fund Release Date in a sentence

  • The Escrow Account shall be administered in accordance with the terms and provisions of the Escrow Agreement for a term that shall expire at the open of business on December 31, 2005 or such later date provided in the Escrow Agreement in the event of a claim outstanding against the Escrow Account as of the open of business on December 31, 2005 (such later date, the "Escrow Fund Release Date").

  • The definition of Escrow Fund Release Date shall be three (3) business days after the date of this Amendment as set forth hereinabove.

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  • This Stock Escrow Agreement shall be in effect until the date one month following (a) the Stock Escrow Fund Release Date or (b) if there is any Pending Loss as of the Stock Escrow Fund Release Date, the Stock Escrow Fund Termination Date.

  • Except as set forth below, the period during which claims for Indemnifiable Damages may be made for the indemnity obligations under this Agreement (the applicable period, the “Claims Period”) shall commence at the Closing and terminate on the Escrow Fund Release Date (the “Escrow Period”).

  • Within two business days after the Escrow Fund Release Date, the Escrow Agent shall deliver to MatrixOne (i) the Escrowed MatrixOne Common Stock Certificate then held in escrow by the Escrow Agent and (ii) a notice specifying the amount of the Reserve, if any, as of such date.

  • This Escrow Agreement shall terminate upon the later of (i) the Escrow Fund Release Date and (ii) the date on which the Retained Amount, if any, is distributed to the Buyer and/or the Majority Shareholder in accordance with Section 4 of this Agreement.

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  • As a result the ACC recommended that a mission agencies Conference should be arranged with substantial representation from Churches in the South.

  • Electrical power provisioning The SI shall also identify the customizations/ workaround that would be required for successful implementation and operation of the project.


More Definitions of Escrow Fund Release Date

Escrow Fund Release Date means the date which falls on the date of the third anniversary of the Closing Date.
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Related to Escrow Fund Release Date

  • Escrow Release Date means the date of the Escrow Release.

  • Earned release means earned release from confinement as

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow Fund has the meaning ascribed to it in Section 7.2(a).

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Escrowed Payment means an aggregate cash payment of up to $250,000;

  • Collateral Release Date shall have the meaning provided in Section 10.15(d).

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Escrow Cash is defined in Section 4.1(a).

  • Release Amount means, for a Property, the following applicable amount together with any other amounts specified in Section 2.4.4:

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

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

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

  • Release Date means the date on which the Initial Shares are disbursed from escrow pursuant to Section 3 of that certain Stock Escrow Agreement dated as of the date hereof by and among the Investors and Continental Stock Transfer & Trust Company.

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).

  • date of claim means the date on which the application or claim is made, or treated as made, for the purposes of this scheme

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

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

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Threatened Release means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding any Property which may result from such Release.

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