Definition of Post-Closing Adjustment Escrow Amount


Post-Closing Adjustment Escrow Amount means $3,000,000.
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Examples of Post-Closing Adjustment Escrow Amount in a sentence

Buyer's only rights regarding the Post-Closing Adjustment Escrow Amount are the use of the Post-Closing Adjustment Escrow Amount as contemplated under Section 2.4 and Buyer will have no other right with respect thereto.
The Post-Closing Adjustment Escrow Amount will be deposited into an escrow account pursuant to Section 2.3(a) and the terms of an Escrow Agreement in substantially the form attached hereto as Exhibit 8.2(a) with such changes reasonably requested by the Paying/Escrow Agent (the "Escrow Agreement").
Seller shall provide Buyer with its initial proposal for the Post-Closing Adjustment Escrow Amount by no later than the opening of business on June 22, 2005.
If one party fails to deliver its Escrow Amount Opinion within such time period but the other party has timely delivered its Escrow Amount Opinion, then the Post-Closing Adjustment Escrow Amount shall automatically and conclusively be deemed to be the amount set forth in the Escrow Amount Opinion so timely delivered by such other party.
If, despite such good faith reasonable efforts, Buyer and Seller are unable to agree on the Post-Closing Adjustment Escrow Amount by June 24, 2005, then either Buyer or Seller may select the real estate consulting division of a nationally recognized independent accounting firm mutually satisfactory to Buyer and the Seller to resolve such dispute (the "Adjustment Neutral Auditor").