PPP Escrow Amount definition

PPP Escrow Amount means, with respect to a Target Company, the full amount of principal and interest due in respect of the PPP Loan.
Sample 1Sample 2Sample 3
PPP Escrow Amount means $5,989,878.60.
Sample 1Sample 2Sample 3
PPP Escrow Amount means $4,081,815.85.
Sample 1

Examples of PPP Escrow Amount in a sentence

  • Refer to the response to Item 79(c) of the Commission’s April 28, 2000 Order.

  • The Parent and Securityholders’ Representative shall negotiate in good faith to enter into the PPP Escrow Agreement, which shall provide that upon the CARES Determination Date, the Parent and Securityholders’ Representative shall deliver joint written instructions to the PPP Escrow Agent instructing the PPP Escrow Agent to release the PPP Escrow Amount in accordance with Section 2.13(b) herein.

  • It is also noteworthy that components of this proposal are consistent with extant national priorities in some participating countries.

  • In the event that there is no CARES Unforgiven Debt, Purchaser and Seller shall cause the PPP Escrow Agent to release the entire PPP Escrow Amount (including any interest accrued thereon) to Seller.

  • Buyer will deposit or cause to be deposited the PPP Escrow Amount with the PPP Lender pursuant to the PPP Lender Escrow Agreement, which the PPP Lender will hold in an escrow account and disburse in accordance with the terms of the PPP Loan Escrow Agreement.


More Definitions of PPP Escrow Amount

PPP Escrow Amount means the amount of money to be deposited into the PPP Escrow Account at Closing to fully fund the PPP Escrow Account, as determined by the PPP Escrow Agent provided, however, that in no event shall the amount be less than the outstanding balance of the PPP Loan.
Sample 1Sample 2
PPP Escrow Amount means an amount equal to the PPP Loan, plus any additional amounts required to be deposited with the PPP Lender under the PPP Escrow Agreement.
Sample 1Sample 2
PPP Escrow Amount means $441,162.
Sample 1Sample 2
PPP Escrow Amount means, as of the Determination Time, an amount equal to the outstanding principal amount, plus all accrued and unpaid interest, under the PPP Loan.
Sample 1Sample 2
PPP Escrow Amount means $185,366.00.
Sample 1Sample 2
PPP Escrow Amount means a nil amount.
Sample 1Sample 2
PPP Escrow Amount means $3,196,600.00.
Sample 1