Holdback Termination Date definition

Holdback Termination Date has the meaning set forth in ‎Section 2.3.

Holdback Termination Date is defined in Section 2.9(b).

Holdback Termination Date means the date which is fifteen (15) months after the Closing Date, except to the extent necessary to indemnify against Open Claims (as hereinafter defined) as contemplated by Section 7.3.2, for which the "Holdback Termination Date" shall mean the date on which all such matters are finally determined and disposed of.

Examples of Holdback Termination Date in a sentence

• If any Disputed Claim has not been resolved prior to the date otherwise established as the Holdback Termination Date (as defined below), and if any Holdback Amount then remains available, the Holdback Termination Date shall be extended until such time as any such Disputed Claim has been resolved.

• All interest earned on such funds shall be added to the Holdback Amount as earned and shall be for the account of the party ultimately entitled to the principal of the Holdback Amount, as determined at the Holdback Termination Date.

• Subject to the conditions and limitations set forth in this Article 9, Buyer shall also be entitled to set off against the Retention Holdback Remainder available as of the Retention Holdback Termination Date the amount of any Indemnified Losses in excess of the Holdback Cash Consideration for which an Indemnified Party is entitled to indemnification pursuant to this Article 9.

• Subject to the conditions and limitations set forth in Article 9, the Buyer shall be entitled to set off against the Retention Holdback Remainder which remains available as of the Retention Holdback Termination Date the amount of any Indemnified Losses in excess of the Holdback Cash Consideration for which an Indemnified Party is entitled to indemnification pursuant to Article 9.

More Definitions of Holdback Termination Date

Holdback Termination Date. Section 2.1.2.1 “Indemnified Person” Section 8.2

Holdback Termination Date has the meaning set forth in ss.2(d) below.

Holdback Termination Date. The date one year following the Closing Date.

Holdback Termination Date means the first business day following six months after the Closing Date.

Holdback Termination Date means the first business day following six months after the Closing Date. (d) The Holdback Amount shall be maintained by Buyer in a separate interest-bearing money market account, segregated from Buyer’s other assets. All interest earned on such funds shall be added to the Holdback Amount as earned and shall be for the account of the party ultimately entitled to the principal of the Holdback Amount, as determined at the Holdback Termination Date. For federal and state income tax purposes, any such interest earned shall be income of the party ultimately entitled to the principal of the Holdback Amount. Asset Purchase Agreement

Holdback Termination Date. The date six months following the Closing Date or such shorter period as may be required to ensure that the Merger may be accounted for as a "pooling of interests."

Holdback Termination Date means the date eighteen (18) months from the Closing Date.