Indemnification Holdback has the meaning assigned to that term in Section 3.1(b) of this Agreement.

Indemnification Holdback has the meaning ascribed to such term in Section 4.2 hereof.

Indemnification Holdback has the meaning ascribed to it in Section 6.2(a).

Examples of Indemnification Holdback in a sentence

A Holder may have the OP Units and/or REIT Shares that are subject to the Indemnification Holdback Escrow and/or the Transfer Tax Indemnity released by Agent by posting either (i) cash collateral or (ii) a letter of credit in form and substance acceptable to the applicable PGI Party (“Substitute Collateral”).
The period during which claims for indemnification from the Indemnification Holdback Fund may be initiated shall commence on the Closing Date and terminate at 5:00 p.m., Pacific Time, on December 31, 2014 (the “Indemnification Holdback Claim Period”).
Within three business days after the date of expiration of the Indemnification Holdback Claim Period, the Indemnification Holdback Fund, less any amount determined pursuant to the previous sentence, shall be paid by the Purchaser to the Seller.
So long as any of the Indemnification Holdback Amount remains in the Indemnification Holdback Fund, the Indemnification Holdback Fund shall be the sole source of recovery for any Damage incurred by a Purchaser Indemnitee under Section 8.2 of this Agreement.
All public and private gatherings of any number of people occurring outside a single household or living unit are prohibited, except for the limited purposes as expressly permitted in Section 10.

More Definitions of Indemnification Holdback

Indemnification Holdback means $1,800,000.

Indemnification Holdback means Sixty Thousand Dollars ($60,000).

Indemnification Holdback shall have the meaning specified in Section 1.3.

Indemnification Holdback shall have the meaning set forth in Section 2.2(d).

Indemnification Holdback shall have the meaning set forth in Section 8.2(a).