Initial Indemnity Escrow Release Date definition

Initial Indemnity Escrow Release Date has the meaning set forth in Section 2.11(c).
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Initial Indemnity Escrow Release Date means the date that is eighteen (18) months after the Effective Date. The “Final Indemnity Escrow Release Date” means the date that is twenty-four (24) months after the Effective Date.
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Initial Indemnity Escrow Release Date means the date that is eighteen (18) months following the Closing Date. “IRS” means the Internal Revenue Service and any successor thereto.
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Examples of Initial Indemnity Escrow Release Date in a sentence

  • Additionally, rather than simply accepting Federal funds, States must make their own commitment to these students by matching 20 percent of the Federal funds.

  • The indemnities pursuant to Sections 12.02(a)(i) and 12.03(a) shall survive the Closing until, and terminate on, the Initial Indemnity Escrow Release Date.

  • The computer systems used to produce the final version of bill drafts and the Code, while stable, pretty robust, fairly unique, and basically sound, were initially developed in the 1980s and, as a consequence, are also fairly antique.

  • Should any such approval or other action be required, the Purchaser presently intends to seek such approval or other action, except as described below under "— State Takeover Statutes".


More Definitions of Initial Indemnity Escrow Release Date

Initial Indemnity Escrow Release Date means the first anniversary of the Closing Date, together with any interest and earnings accumulated thereon; provided, that for purposes of such calculation, in the event that any amounts are distributed from the Indemnity Escrow Account to Purchaser pursuant to Section 3.01(d), the Indemnity Escrow Amount shall be deemed to be reduced by such amounts.
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Initial Indemnity Escrow Release Date has the meaning provided such term in Section 9.5(b)(i)(A).
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Initial Indemnity Escrow Release Date means the first anniversary of the Closing Date, together with any interest and earnings accumulated thereon; provided, that for purposes of such calculation, in the event that any amounts are distributed from the Indemnity Escrow Account to Purchaser pursuant to S ection 3.01(d), the Indemnity Escrow Amount shall be deemed to be reduced by such amounts.
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Initial Indemnity Escrow Release Date means the 15-month anniversary of the Closing Date.
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Related to Initial Indemnity Escrow Release Date

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Closing Payment has the meaning set forth in Section 2.2(a).

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