Fourth Indemnity Escrow Amount definition

Fourth Indemnity Escrow Amount means the US dollar equivalent of EUR 300,000, calculated using the Exchange Rate as at the Completion Date (save where all claims expressly referred to in the Fourth Indemnity Matters are fully and finally settled on or prior to Completion, in which case the Fourth Indemnity Escrow Amount shall be zero);
Sample 1

Examples of Fourth Indemnity Escrow Amount in a sentence

  • The parties agree that the Fourth Indemnity Escrow Amount, as defined in the Agreement, is zero.

  • Ways to overcome application difficulties and to minimise costs need to be investigated.• Some multiple mitigation measures/strategies tested showed more effectiveness at reducing incidental capture of seabirds than a single measure.• The type and number of mitigation measures needs to take account of the geographical differences in distribution of seabirds and the related risk of capture.• More effort is required to report information relevant to Term of Reference number 2.

Related to Fourth Indemnity Escrow Amount

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

  • 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.

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

  • 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.

  • 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.

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

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

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

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

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

  • 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.

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

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

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

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

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

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

  • Indemnity Amount means the amount of any indemnification obligation payable under the Basic Documents.

  • Indemnification Cap has the meaning set forth in Section 9.3(a).

  • 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”.

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

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • 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.

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