Indemnification Escrow Amount definition

Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).
Indemnification Escrow Amount has the meaning set forth in Section 1.3(b).
Indemnification Escrow Amount means $1,500,000.

Examples of Indemnification Escrow Amount in a sentence

  • Within three (3) days following the determination that such payment is due to a Buyer Indemnitee and the delivery of written notice from Buyer of its election to recover such amount from the Indemnification Escrow Amount, Buyer and Seller shall execute and deliver a joint written instruction to the Escrow Agent directing the Escrow Agent to release such amount to Buyer.

  • As long as there are Indemnification Escrow Amounts validly held with the Escrow Agent, any and all Losses payable by Seller or the Seller Member as an Indemnitor pursuant to Section 5.2(a) shall be paid first from the Indemnification Escrow Amount.

  • If Buyer becomes entitled to any distribution of all or any portion of the Indemnification Escrow Amount pursuant to this Article VI, Buyer and Seller shall take all actions necessary under the Escrow Agreement (including the execution and delivery of joint written instructions to the Escrow Agent) to cause the Escrow Agent to release to Buyer the amounts to be paid from the Indemnification Escrow Amount to Buyer in accordance with this Agreement.


More Definitions of Indemnification Escrow Amount

Indemnification Escrow Amount shall have the meaning set forth in Section 1.10(ii).
Indemnification Escrow Amount means an amount equal to $27,500,000.
Indemnification Escrow Amount means $2,000,000.
Indemnification Escrow Amount shall have the meaning ascribed to it in Section 2.3(b) hereof.
Indemnification Escrow Amount means [ * ].
Indemnification Escrow Amount means an amount equal to $17,550,000.
Indemnification Escrow Amount as defined in Section 2.2.