General Escrow Period definition

General Escrow Period has the meaning set forth in Section 9.4.
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General Escrow Period means the period beginning on the Closing Date and ending at 11:59 pm (Pacific Time) on the one-year anniversary of the Closing Date.
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General Escrow Period has the meaning given in the EPA;
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Examples of General Escrow Period in a sentence

  • The General Escrow Fund, less the amount of any claims made or paid for General Indemnifiable Damages during the General Escrow Period pursuant to the provisions of this Article IX and less the amount of any General Unresolved Claims, shall be paid to the Closing Company Shareholders within five (5) Business Days after the expiration of the General Escrow Period in accordance with such Closing Company Shareholder’s Pro Rata Share.

  • The amount retained in the General Escrow Fund after the expiration of the General Escrow Period with respect to a particular pending claim shall be available to Purchaser only with respect to such pending claim and shall not be available to Purchaser for any other pending claim.

  • Notwithstanding the foregoing, all or a portion of the General Escrow Fund may be retained beyond the General Escrow Period as provided in Section 5(a) of this Agreement.

  • No Reserve Amount shall be subject to any claim or right of offset except with respect to the claim for which such Reserve Amount was retained following the expiration of the General Escrow Period.

  • Any Escrow Funds remaining in the General Escrow at the end of the General Escrow Period and not subject to a General Escrow Claim Notice shall be distributed 100% to the Company Stockholders in accordance with their Percentage Interest.

  • Cash dividends and any other dividends or distributions in kind paid during the General Escrow Period on the General Escrow Shares (“General Escrow Dividends”) shall be placed into escrow and shall be distributed to the Prinicpals in accordance with their respective Pro Rata Shares within fifteen (15) business days following the expiration of the General Escrow Period.

  • Cash dividends and any other dividends or distributions in kind on the General Escrow Shares (“ General Escrow Dividends”) shall be distributed to the Company Shareholders in accordance with their respective Pro Rata Shares within fifteen (15) business days following the expiration of the General Escrow Period.

  • Any Escrow Funds remaining in the General Escrow at the end of the General Escrow Period and not subject to a General Escrow Claim Notice shall be distributed 100% to the Company Stockholder.

  • Cash dividends and any other dividends or distributions in kind on the General Escrow Shares (“General Escrow Dividends”) shall be distributed to the Company shareholders in accordance with their respective Pro Rata Shares within fifteen (15) business days following the expiration of the General Escrow Period.

  • Acquiror shall hold the General Escrow Cash for the General Escrow Period as security for the Effective Time Holders’ indemnification obligations for Damages under Article 12.


More Definitions of General Escrow Period

General Escrow Period means the twenty-four (24) month period commencing on the Closing Date.
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General Escrow Period has the meaning ascribed to it in Section 7.2(c).
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General Escrow Period has the meaning set forth in Section 2.6(a)(i) of this Agreement.
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General Escrow Period shall be replaced with "Section 7.3(c)."
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General Escrow Period means that time period beginning at the Effective Time and ending at 12:01 a.m. on the first anniversary of the Closing Date.
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Related to General Escrow Period

  • Escrow Period shall begin with the commencement of the Offering and shall terminate upon the earlier to occur of the following dates:

  • Escrow Property has the meaning set forth in the Escrow Agreement.

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

  • Escrow Deposit has the meaning set forth in Section 3.3.

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

  • 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 means the escrow fund established pursuant to the Escrow Agreement.

  • 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.

  • Escrow End Date has the meaning set forth in the Escrow Agreement.

  • 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.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

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

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

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

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Adjustment Escrow Funds means the amounts held in the Adjustment Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investments thereof, less distributions thereof in accordance with this Agreement and the Escrow Agreement.

  • Indemnification Escrow Fund means the Indemnification Escrow Amount deposited into escrow pursuant to the Escrow Agreement, together with any interest and income earned thereon.

  • Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

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

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

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

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

  • 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 of the Plan.

  • Working Capital Escrow Amount means $1,000,000.

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

  • 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.