Post-Closing Adjustment Escrow Account definition

Examples of Post-Closing Adjustment Escrow Account in a sentence

  • Any amounts payable to Operator and any amounts payable to the Exchange Agent pursuant Section 1.17(f) and Section 1.17(g) shall be offset against each other (i.e., only the net amount shall be paid to the applicable party and such amount shall be used for determining the amounts remaining in the Post-Closing Adjustment Escrow Account and any amount deducted from the Indemnification Escrow Account).

  • 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.

Related to Post-Closing Adjustment Escrow Account