Initial Escrow Agreement definition

Initial Escrow Agreement means the escrow agreement described in Section 3, the form of which is attached as Exhibit 1.
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Initial Escrow Agreement means the agreement to be entered into between the Initial Escrow Agent, Xx. Xxxxx’x, and Lead Counsel that shall govern the Initial Escrow Account, which shall provide, among other things, that no disbursement may be made from the Initial Escrow Account other than by written instructions signed by both a designated representative of Xx. Xxxxx’x and a designated representative of Lead Counsel.
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Initial Escrow Agreement means the agreement to be entered into among the Initial Escrow Agent, certain of the Settling Defendants and their counsel as the Settling Defendants so designate, and Lead Counsel that shall govern the Initial Escrow Account which shall provide, among other things, that no disbursement may be made from the Initial Escrow Account other than by written instructions that shall be signed by (i) designated representatives of the Settling Defendants; (ii) Xxxxxx Xxxxxx Xxxxxxxxx Xxxx and Xxxx LLP (“Xxxxxx”); and (iii) no less than two designated representatives for Lead Counsel, as provided in the Initial Escrow Agreement.
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Examples of Initial Escrow Agreement in a sentence

  • The Initial Escrow Deposit shall be held in an interest-bearing account and disbursed by Initial Escrow Agent pursuant to the terms of an escrow agreement in the form attached hereto as Exhibit 1 (the "Initial Escrow Agreement"), which Initial Escrow Agreement has been entered into by Seller, Buyer and Initial Escrow Agent simultaneously herewith.

  • As a condition precedent to the execution of this Option Agreement, Optiongrantor has entered into the Option Escrow Agreement in the form attached hereto as Exhibit C and has provided to the Escrow Agent irrevocable instructions to transfer the Option Securities subject to the Initial Escrow Agreement to the escrow account under the Option Escrow Agreement upon the disbursement of the Escrow Shares (as defined in the Initial Escrow Agreement) in accordance with Section 3 of the Initial Escrow Agreement.

  • The Initial Cash Escrow Deposit shall be held in an interest- bearing account with a federally insured financial institution and the Initial Cash Escrow Deposit shall be disbursed by Initial Escrow Agent pursuant to the terms of an escrow agreement in the form attached hereto as Exhibit 1 (the "Initial Escrow Agreement"), which Initial Escrow Agreement has been entered into by Company, Shareholder, Buyer and Initial Escrow Agent simultaneously herewith.

  • All capitalized terms used but not defined herein shall have the meaning ascribed to them in the Initial Escrow Agreement.

  • Except as amended by this Amendment, the Initial Escrow Agreement shall remain in full force and effect.

  • As consideration for the Initial Transaction, Purchaser shall deliver to Escrow Agent, for release from time to time to Seller in its capacity as Operator under the JOA and in accordance with the terms of the Initial Escrow Agreement, an amount equal to US$7,000,000 less the Adjustment Amount, if any (the “Completion Capital”), which shall be used to pay 100% of the first US$7,000,000 (less the Adjustment Amount, if any) incurred in performing the Initial Completion Program.

  • The Compensation Shares subject to the Initial Escrow Agreement shall be referred to as “Initial Escrow Shares”.

  • Simultaneously with the giving of such notice by the Company to the Trustee, the Company shall notify the Initial Escrow Agent thereof pursuant to Section 1(d) of the Initial Escrow Agreement.

  • Prior to the closing of the Assumption, the Interest Escrow Agent shall have established the Interest Escrow Account, and the Initial Escrow Agent (as defined in the Initial Escrow Agreement) shall, pursuant to the Initial Escrow Agreement, deposit the Interest Escrow Amount (as defined in the Initial Escrow Agreement) into the Interest Escrow Account.

  • The Escrow Amount will be considered a portion of the Purchase Price (as defined below) and will be delivered as set forth in the Initial Escrow Agreement and this Section 2.


More Definitions of Initial Escrow Agreement

Initial Escrow Agreement means the agreement, dated the dated hereof, among the parties and the Escrow Agent, a copy of which is annexed as EXHIBIT I hereto.
Sample 1
Initial Escrow Agreement means an escrow agreement among the Purchaser, Crest, the Agents and the Escrow Agent to be prepared by the Purchaser which shall provide that if this Agreement is terminated pursuant to Section 9(c)(i) or Section 9(c)(ii) the Escrow Agent shall promptly pay to Crest the amount of $7 million and which agreement shall otherwise be reasonably satisfactory to the Purchaser, Crest and the Agents.
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Initial Escrow Agreement means the escrow agreement dated June 5, 2003 among the Company, Xxxx & Xxxxxxx Holdings Corp., the Initial Escrow Agent and the Trustee.
Sample 1
Initial Escrow Agreement means the escrow agreement among PetroHunter Energy, Seller, Sweetpea Petroleum Pty Ltd, Falcon, Purchaser, Falcon Oil & Gas Pty. Ltd., and Escrow Agent, to be executed on the Acceptance Date in the form attached hereto as Exhibit A.
Sample 1

Related to Initial Escrow Agreement

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • 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.

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

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • 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.

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Disbursement Agreement means the Master Disbursement Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Bank Facilities Administrative Agent, the Disbursement Agent, the Borrowers and LCR, in substantially the form of Exhibit D-3 hereto, as the same may be amended, supplemented, amended and restated, or otherwise modified in accordance with the terms hereof and thereof.

  • Escrow Deposit Agreement means the agreement provided for in Section 4.02(a) of this Resolution.

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

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • 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.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Escrow End Date has the meaning specified in the Escrow Agreement.

  • Exchange Agent Agreement has the meaning set forth in Section 2.5(a).

  • Escrow and Paying Agent Agreement means, with respect to either Class of Certificates, the Escrow and Paying Agent Agreement pertaining to such Class dated as of the date hereof between the Escrow Agent, the Underwriters, the Trustee for such Class and the Paying Agent, as the same may be amended, modified or supplemented from time to time in accordance with the terms thereof.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).

  • Reinvestment Agreement means a guaranteed reinvestment agreement from a bank, insurance company or other corporation or entity, in each case, at the date of such acquisition having a credit rating of at least A-1 from S&P and at least P-1 from Moody’s; provided that such agreement provides that it is terminable by the purchaser, without penalty, if the rating assigned to such agreement by either S&P or Xxxxx’x is at any time lower than such ratings.

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

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

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit B to be executed and delivered by the Borrower pursuant to Section 6.1.(a), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • 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.

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