Initial Escrow Amount definition

Initial Escrow Amount means, upon the Closing, an aggregate of U.S.$350,000,000 (or U.S.$402,500,000 if the Over-Allotment Option is exercised in full), or U.S.$10.00 per Class A Restricted Voting Unit sold to the public;

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Initial Escrow Amount has the meaning set forth in Section 2.3.1(a).

Initial Escrow Amount means $50,000,000 in cash or an equivalent face amount of EIX Notes.

Examples of Initial Escrow Amount in a sentence

If the Sellers fail to deliver the Escrowed Documents on the Escrowed Documents Delivery Date, the Initial Escrow Amount and the Second Payment shall be refunded to the Purchaser without interest, and this Agreement shall automatically terminate without further action by any Party.
Upon such delivery, the Initial Escrow Amount and Second Payment shall become immediately non-refundable and shall be released to the Sellers upon the Escrow Agent notifying the Purchaser of receipt of the Escrowed Documents, except in the event that Completion does not occur due solely to the Sale Shares not being free from Encumbrances in breach of Clause 4.1(b), in which case the Sellers shall refund the Initial Escrow Amount and the Second Payment to the Purchaser without interest.
For the avoidance of doubt, if the Sellers have delivered the Escrowed Documents in accordance with Clause 3.5, the Initial Escrow Amount and the Second Payment shall remain non-refundable notwithstanding such termination, except in the event of termination under Clause 15.1(b) or 15.1(c).

More Definitions of Initial Escrow Amount

Initial Escrow Amount means $1,000,000, which shall be deposited by Purchaser with the Escrow Agent on the Closing Date pursuant to Section 3.3.

Initial Escrow Amount means $46,000,000 of the net proceeds received by the Company from the sale of the Senior Notes pursuant to the Purchase Agreement.

Initial Escrow Amount has the meaning specified in Recital D;

Initial Escrow Amount means, upon the Closing, an aggregate of $225,000,000 (or $258,750,000 if the Over-Allotment Option is exercised in full);

Initial Escrow Amount means the aggregate Per Share Initial Escrow Amount - Common Stock and Per Share Initial Escrow Amount - Vested Company Stock Option retained from all Entitled Holders as calculated in accordance with this Section 1.8.

Initial Escrow Amount means U.S.$1,840,000, representing the aggregate Shareholder Escrow Amount contributed by the Shareholders;

Initial Escrow Amount means $56,604,237.20.