Definition of Post-Closing Adjustment Escrow Account


Post-Closing Adjustment Escrow Account means the account maintained by the Escrow Agent for purposes of maintaining the Post-Closing Adjustment Escrow Amount in accordance with the terms of this Agreement and the Escrow Agreement.

Examples of Post-Closing Adjustment Escrow Account in a sentence

Parent and the Securityholders' Agent shall jointly instruct the Escrow Agent to pay (subject to Section 1.6(b)) the Effective Time Holders in accordance with their respective Payout Percentages any amounts in the Post-Closing Adjustment Escrow Account that are not required to be paid to Parent pursuant to the preceding sentence.1.10 Further Action.