Indemnity Escrow definition

Indemnity Escrow. Agreement shall have the meaning given to it in Section 6.2(k).
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Indemnity Escrow. Fund shall have the meaning given to it in Section 2.3. Insured Real Property shall have the meaning given to it in Section 5.7.
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Indemnity Escrow shall have the meaning given that term in Section 3.02(b).
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Examples of Indemnity Escrow in a sentence

  • Finally, IdeaSphere filed Indemnity Claim Notices in December 2004, with respect to the $1.0 million Indemnity Escrow.

  • As set forth in Section 3.2 and Section 3.3, Seller may, at its option, direct that any payment by Buyer or issuance by Parent (including by release of Indemnity Escrow Shares pursuant to the Escrow Agreement) be made instead to the Members in accordance with their respective Pro Rata Percentages.

  • To the extent allowed under applicable Law, the rights of Seller to the Deferred Cash Payment and the Indemnity Escrow Shares shall be treated as deferred contingent purchase price eligible for installment sale treatment under Section 453 of the Code and any corresponding provision of state, local or non-U.S. applicable Law, as appropriate.

  • In the event the Closing occurs, the Xxxxxxx Money shall be credited against the Purchase Price as provided in Section 11.5(a) and shall remain in escrow as the Indemnity Escrow Amount.

  • The Escrow Cash shall be invested from time to time by the Indemnity Escrow Agent as provided in the Indemnity Escrow Agreement.


More Definitions of Indemnity Escrow

Indemnity Escrow has the meaning set forth in Section 1.02(b)(i)(A).
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Indemnity Escrow has the meaning set forth in Section 11.6.
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Indemnity Escrow has the meaning set forth in Section 1.5.
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Indemnity Escrow means an amount equal to $15,000,000.
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Indemnity Escrow. Fund shall have the meaning given to it in Section 2.3.
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Indemnity Escrow means an aggregate of 236,250 of the Agency Shares otherwise payable to the holders of Company Common and Preferred Stock pursuant to Section 2.2.3(i) hereof and 37.5% of the Agency Shares (allocated in accordance with Schedule I to the Indemnity and Escrow Agreement) payable pursuant to Section 2.2.3(iv) to the holders of Company Common and Preferred Stock and (following exercise of the converted ITI Options pursuant to Section 2.3.1 hereof), to holders of ITI Options, to be held by Parent in escrow, in accordance with Section 2.7 hereof
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Indemnity Escrow means an amount equal to Ten Million Dollars ($10,000,000).
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