Escrowed Payment definition

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

Escrowed Payment means an aggregate cash payment of up to $1,100,000.00 which is the Purchase Price as defined in the Subscription Agreement;

Escrowed Payment means an aggregate cash payment of up to $1,500,000 which is, collectively, the Initial Closing Purchase Price and Second Closing Purchase Price;

Examples of Escrowed Payment in a sentence

• The Escrowed Payment shall not be held in an interest bearing account nor will interest be payable in connection therewith.

• The Company and the Purchaser reaffirm their agreement to abide by the terms and conditions of this Agreement with respect to the release of the Escrowed Payment.

• The Company and the Purchaser acknowledge that the only terms and conditions upon which the Escrowed Payment are to be released from escrow are as set forth in Sections 3 and 4 of this Agreement.

• Any dispute with respect to the release of the Escrowed Payment shall be resolved pursuant to Section 4.2 or by written agreement between the Company and Purchaser.

• The broker for the Third Closing Subscribers will receive an additional $20,000 which will be payable on the Closing Date out of the Escrowed Payment (as described in the Escrow Agreement).

More Definitions of Escrowed Payment

Escrowed Payment means an aggregate cash payment of up to $6,000,000 which is the Purchase Price;

Escrowed Payment means $5,000,000.

Escrowed Payment means $2,000,000.

Escrowed Payment means the sums set forth on Schedule A hereto.

Escrowed Payment means $3,000,000.

Escrowed Payment means $1,500,000.

Escrowed Payment means the sum of up to $500,000 to be held in escrow by the Escrow Agent on behalf of the Company and Subscribers.