McWane Escrow Amount means the amount of money held in the “Reclamation Bond Escrow Account” pursuant to the McWane Agreement.
Escrow Amount has the meaning set forth in Section 2.1(c).
Indemnity Escrow Amount means $3,000,000.
Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.
Adjustment Escrow Amount means $1,000,000.
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.
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.
Escrow Fund has the meaning ascribed to it in Section 7.2(a).
Indemnification Escrow Amount has the meaning specified in Section 3.6(a).
Holdback Amount has the meaning set forth in Section 2.06(a).
Escrow Cash is defined in Section 4.1(a).
Escrow Deposit shall have the meaning set forth in Section 2.2(a).
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.
Purchase Price Adjustment Escrow Amount means $500,000.
Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.
Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.
Working Capital Escrow Amount means $2,000,000.
Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.
Deposit Escrow Agreement has the meaning set forth in Section 2.2.
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.
Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).
Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.
Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).
Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.
Holdback has the meaning set forth in Section 4.1(d)(i).
Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.
Escrow End Date has the meaning specified in the Escrow Agreement.