Escrow Payment Date definition

Escrow Payment Date means the date falling fifteen months from the Completion Date;

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Escrow Payment Date means (i) the Escrow Expiration Date, (ii) the Final Escrow Release Date, or (iii) any other date on which amounts are released by the Escrow Agent for distribution to the Escrow Fund Recipients.

Escrow Payment Date has the meaning given to that term in the Agreement; and

Examples of Escrow Payment Date in a sentence

This Agreement may be terminated at any time prior to the Initial Escrow Payment Date if either party has failed to perform or observe in any material respect its covenants and agreements hereunder.
On each Escrow Payment Date, the Escrow Agent shall deliver the applicable Escrow Release Amount on behalf of the Purchaser to ENS Africa, for payment by ENS Africa to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and for distribution by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ to the Sellers (other than DiGame) pro rata in accordance with their respective Sellers’ Escrow Proportions.
Notwithstanding the provision of paragraph 3(a) and subject to the provisions of paragraph 3(c), once a Notice of Claim has been served an amount equal to the Estimated Claim Amount shall be deducted from the Retained Amount and retained in the Escrow Account until such time as all Claims asserted prior to the Escrow Payment Date have been determined by a court of competent jurisdiction or settled by agreement of the parties.
Note that to ensure that the Project Officer is aware of all pending applications and their content, she or he will be included on the Executive Committee email circulation list used to discuss these matters.
The payment by the Buyer of the Purchase Price or any portion thereof (including the Net Adjusted Closing Consideration, and any Escrow Funds released after the First Escrow Payment Date and the Second Escrow Payment Date to the Selling Interest Holders) into the Member Account shall constitute payment by the Buyer to each Selling Interest Holder and UAR Holder and satisfaction of the Buyer’s obligation to pay such amount hereunder.

More Definitions of Escrow Payment Date

Escrow Payment Date has the meaning set forth in Section 10.03(b).

Escrow Payment Date means three (3) Business Days following the expiration of the Escrow Period;

Escrow Payment Date means 5.00pm on the Business Day before the Implementation Date. “Exchange Ratio” means:

Escrow Payment Date means the Completion Date;

Escrow Payment Date means January 30, 2002.

Escrow Payment Date means the date of the agreement or determination of the Completion Accounts in accordance with Schedule 8; means any event, act, transaction, arrangement, default or omission including, without limitation, the receipt or accrual of any income or gains or any distribution, failure to distribute, acquisition, disposal, payment, loan or advance;

Escrow Payment Date means each date on which the Depository is required to deliver a portion of the Property to the Shareholders pursuant to Section 4(c) hereof, to wit, the first anniversary of the Closing Date, the second anniversary of the Closing Date, the third anniversary of the Closing Date and each of the dates set forth in clause (iv) in Section 4(c) hereof.