Purchase Price Escrow Account definition

Purchase Price Escrow Account has the meaning set forth in Section 1.7.

Purchase Price Escrow Account means an account established with the Escrow Agent pursuant to the Escrow Agreement into which the Purchase Price Escrow Amount is deposited to serve as a partial mechanism to satisfy the obligations of the City under Article 8.

Purchase Price Escrow Account has the meaning set forth in Section 2.3(e)(i).

Examples of Purchase Price Escrow Account in a sentence

• If the Date Operations Are Discontinued occurs prior to the Payment Date, then the Discounted Present Value of Installment Payment shall be paid by SEARHC to the Escrow Agent for further deposit into the Purchase Price Escrow Account in accordance with Section 1.7. If the Date Operations Are Discontinued occurs after the Payment Date, and before the tenth anniversary of the Closing Date, then the amount payable under this Section 6.21(b) shall be paid by SEARHC to the City.

• The release of the amounts in the Purchase Price Escrow Account shall occur as described in this Agreement and the Escrow Agreement.

• The conclusions of the review group should be documented and retained in accordance with the requirements of CEL 31 ‘Records management: NHS Code of practice (Scotland)’.

• The VCP Application for the J Parcel will be submitted by Exide and the Frisco Parties to TCEQ within thirty (30) Business Days following the deposit of the Deeds into Purchase Price Escrow Account.

• All administrative costs associated with the Remediation Funds Escrow Account, Xxxxxxx Money Funds Escrow Account and the Purchase Price Escrow Account shall be the sole cost and expense of the EDC and CDC on a pro rata basis, which pro rata calculation shall be in proportion to the EDC and/or the CDC funding of the escrow accounts.

More Definitions of Purchase Price Escrow Account

Purchase Price Escrow Account means the purchase price escrow account to be established in accordance with the Purchase Price Escrow Agreement;

Purchase Price Escrow Account has the meaning set forth in the Escrow Agreement.

Purchase Price Escrow Account shall have the meaning ascribed to such term in Section 2.4 hereof. hereof.

Purchase Price Escrow Account has the meaning set forth in Section 2.06(a)(vi).

Purchase Price Escrow Account the escrow account established pursuant to the Escrow Agreement in which the Purchase Price Adjustment Deposit will be deposited.

Purchase Price Escrow Account shall have the meaning set forth in Subsection 11.1.21.

Purchase Price Escrow Account the escrow account established by the Escrow Agent pursuant to the Escrow Agreement in support of Sellers’ obligations under Sections 2.8, 2.9 and 2.10 hereof.