Final Escrow Amount definition

Final Escrow Amount is defined in Section 2.6(b).
Final Escrow Amount means (a) prior to the Asset Purchase Closing (and, for the avoidance of doubt, if the Asset Purchase Closing does not occur and the Asset Purchase Agreement terminates in accordance with its terms), the Initial Escrow Amount and (b) on and after the Asset Purchase Closing, $6,000,000.
Final Escrow Amount means $6,000,000.

Examples of Final Escrow Amount in a sentence

  • With respect to the Deposit, no investment shall have a maturity greater than June 30, 2005, or such longer period as the Parties may agree in writing furnished to the Escrow Agent; with respect to the Initial Escrow Amount, no investment shall have a maturity greater than 180 days after the Closing; and with respect to the Final Escrow Amount, no investment shall have a maturity greater than 364 days after the Closing.

  • The Final Escrow Amount shall be available to satisfy any and all claims of the Purchaser Indemnitees set forth in Article IX of this Agreement.

  • For this purpose, Acquirer will, immediately on ascertaining success of the Delisting Offer, open a special account and transfer thereto, such part of the Final Escrow Amount (as hereinafter defined) that is due and payable as consideration in respect of the Offer Shares tendered in the Delisting Offer at or below the Exit Price, from the Escrow Account (as hereinafter defined).

  • Xxxxxxxx Title: President and CEO HOLDINGS: VTV THERAPEUTICS HOLDINGS LLC By: /s/ Xxxxxxx X.

  • Within days following the Consent to Fund, the Escrow Agent shall release the Final Escrow Amount to Permittee and any accrued and unpaid interest thereon to Payor.

Related to Final Escrow Amount

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

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

  • Adjustment Escrow Amount means $1,000,000.

  • 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.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

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

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

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

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Working Capital Escrow Amount means $2,000,000.

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

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

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

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

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

  • Expense Fund has the meaning set forth in Section 9.14(f).

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

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

  • Final Cash has the meaning set forth in Section 3.2(b).