Remaining Escrow Amount definition

Remaining Escrow Amount means an amount equal to $800,000.
Remaining Escrow Amount means such portion of the Escrow Amount set aside or required to be set aside by the Escrow Agent pursuant to Section 7(a) with respect to any Loss Notice delivered by Buyer prior to the Escrow Period Termination Date, which shall not have been otherwise paid, settled or resolved on or before the Escrow Period Termination Date.
Remaining Escrow Amount has the meaning as set forth in Section 1.11(b).

Examples of Remaining Escrow Amount in a sentence

  • It is therefore requested that the Holders agree to waive the requirement to allocate the Remaining Escrow Amount towards New Aircraft or Additional Aircraft and permit said funds to be invested into the Group’s operations at the discretion of management, inter alia in relation to the new B737-800 fleet.

  • Therefore,E the above limits are fi-nite and we can continuously extend Eq. (44) to the asymp-E (ρ) = L(ρ ⊗ σµ) , (55)µEµwhich defines the quantum channel as the following point- wise limittotic Choi matrix of a CV channel, for which we may setD (E ) := lim D (σ )1 µ→∞ 1µ .Let us now consider two Esequences of states ρµ and ρµ con-(ρ) = limEµ→∞E (ρ) .

  • As soon as reasonably practicable following the receipt of any Remaining Escrow Amount payable to holders of an EAR pursuant to Section 1.7(g), ParentCo shall pay to each holder of EARs the applicable percentage of the Remaining Escrow Amount payable to such holder pursuant to Section 1.5(c)(iv).

  • Prior to making any payments to holders of EARs under this Section 1.7(e), ParentCo shall withhold a number of shares of ParentCo Common Stock from each holder’s applicable portions of the Surge Closing Merger Consideration and/or the Remaining Escrow Amount, as applicable, as necessary to satisfy the payment of applicable withholding Taxes required to be made with respect to each such payment, and ParentCo shall properly account for such payments.

  • In the event that the Escrow Amount has been exhausted or the Escrow Agreement has terminated pursuant to its terms or the Claim by PESI or any of the PESI Indemnitees under Article VIII exceeds the Remaining Escrow Amount, PESI may then offset such portion of such Claim that cannot be satisfied out of the Escrow Amount against its obligations to make payments to Parent provided for in this Agreement (including, but not limited to, payments under the Note).


More Definitions of Remaining Escrow Amount

Remaining Escrow Amount is defined in Section 2.7(d).
Remaining Escrow Amount shall have the meaning set forth in Section 3.3.
Remaining Escrow Amount means the balance of the Escrow Fund through the date immediately prior to the disbursement of funds in accordance with Section 5.1 hereof less (i) subject to Section 4.1(a) hereof, any fees or expenses payable to any Person on account of, in connection with or related to this Agreement; (ii) subject to Section 4.1(b) hereof, any Taxes on earnings of the Escrow Fund (which shall be paid out of the Escrow Fund); (iii) any costs and expenses arising from or related to the Escrow Distribution and (iv) any Damages (defined below) that may be imposed on, incurred by or asserted against the Agent Indemnitees (defined below) (the foregoing subclauses (i), (ii), (iii) and (iv) collectively, the "ESCROW DISTRIBUTION COSTS").
Remaining Escrow Amount. Section 2.2(g)(ii) “Representative” Preamble “Representatives” Section 5.3(a) “Sale BonusesSection 9.5 “Specified Arrangement” Section 3.21 “Stockholder Notice” Section 5.23 “Surviving Company” Recitals “Transactions” Recitals “Transfer” Section 5.16 “Transfer TaxesSection 9.3
Remaining Escrow Amount means (A) the portion of the Escrow Fund that remains available for distribution as of the applicable date of release of the Escrow Fund after (i) satisfaction of all obligations to Acquiror Indemnified Persons (including any potential obligations and pending claims, in each case, subject to any Officer’s Certificate (as defined in Section 9.4 below)) pursuant to Section 9 hereof, (ii) payment of any amount payable out of the Escrow Fund to Escrow Agent under the Escrow Agreement and (iii) reimbursement of the Stakeholder Representative pursuant to Section 9.7(d) plus (B) the portion of the Representative Fund that remains available for distribution as of the date of release of the Escrow Fund after reimbursement of the Stakeholder Representative pursuant to Section 9.7(d).
Remaining Escrow Amount has the meaning specified in Section 7.
Remaining Escrow Amount shall have the meaning specified in Section 1.7 of this Agreement.