Remaining Holdback Amount definition

Remaining Holdback Amount shall have the meaning assigned to it in Section 1.5(h).
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Remaining Holdback Amount shall have the meaning set forth in Section 12.5.
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Remaining Holdback Amount has the meaning set forth in Section 2.11(a).
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Examples of Remaining Holdback Amount in a sentence

  • Notwithstanding anything to the contrary in this Agreement, the Representative shall be entitled and is hereby granted the right to set off and deduct, in respect of amounts due to Securityholders, any unpaid or non-reimbursed expenses and unsatisfied Liabilities incurred by the Representative in connection with the performance of its duties hereunder from amounts actually delivered to the Representative pursuant to this Agreement (including the Remaining Holdback Amount to be paid to the Securityholders).

  • Seller has agreed to waive Buyer Group’s obligation to pay to Seller a portion of the Remaining Holdback Amount Payment as set forth in the Purchase Agreement, subject to the terms and conditions set forth herein.

  • The “ Final Distribution Amount” means the amount that is released from the Remaining Holdback Amount to TKJP (if any) as determined by the Final Distribution Percentage multiplied by the Remaining Holdback Amount.

  • The Remaining Holdback Amount will remain in the Indemnification Holdback until the underlying indemnification claim has been fully resolved or satisfied and thereafter released to Purchaser to the extent the Purchaser Indemnitee(s) prevail(s) in such claim and released to Nabriva Parent to the extent the Indemnifying Party prevails in such claim.

  • The Legacy Trustee shall hold the Remaining Holdback Amount until such time as all pending claims in the Japan Proceedings are resolved and thereafter all or such portion of the Remaining Holdback Amount as is equal to the Final Distribution Amount shall be irrevocably paid by the Legacy Trustee to TKJP for the benefit of holders of Allowed Non OEM Claims and the balance of the Remaining Holdback Amount shall be irrevocably paid to the PSAN PI/WD Trust.

  • The Consenting OEMs do not object to, and consent to, TKH and/or the Legacy Trustee irrevocably paying or distributing the TKJP PSAN PI/WD Contribution Amount and/or all or any portion of the Remaining Holdback Amount to the PSAN PI/WD Trust.

  • The scope of the arbitration shall be limited to allocating the Remaining Holdback Amount between the parties (which allocation shall be made in accordance with the applicable terms of this Contract), and awarding reasonable attorneys’ fees and costs (including the cost of the arbitration) to the prevailing party in the arbitration.

  • Additionally, in connection with any unpaid ornon-reimbursed expenses and unsatisfied Liabilities incurred by the Representative in connection with the performance of its duties hereunder, the Representative shall be entitled and is hereby granted the right to direct any funds that would otherwise be actually payable to the Securityholders from the Escrow Account or the Remaining Holdback Amount to itself no earlier than the date such payments are actually made.

  • Upon execution of a settlement agreement, (A) the lesser of the Then Remaining Holdback Amount and the entire Stipulated Amount shall be released from the Holdback; and (B) if the Then Remaining Holdback Amount is less than the Stipulated Amount, the Sellers shall, within ten (10) Business Days following the execution of such settlement agreement, or such shorter period of time as may be set forth in the settlement agreement, pay the amount of such shortfall to Purchaser.

  • The portion of the Then Remaining Holdback Amount retained by Purchaser pursuant to this Section 6.6(e)(i) is referred to as the “Retained Amount”.


More Definitions of Remaining Holdback Amount

Remaining Holdback Amount means any amount of the First Holdback Reserve that has been finally determined not to constitute Losses of the Buyer Indemnified Persons.
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Remaining Holdback Amount means (A) the Initial Holdback Amount, minus (B) the Final Holdback Amount.
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Related to Remaining Holdback Amount

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Indemnity Escrow Amount means $3,000,000.

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Escrow Cash is defined in Section 4.1(a).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Fund has the meaning ascribed to it in Section 7.2(a).

  • Indemnification Escrow Amount has the meaning specified in Section 3.6(a).

  • Adjustment Escrow Amount means $1,000,000.

  • Holdback Shares has the meaning set forth in Section 2.5(b)(v).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • Closing Cash Amount has the meaning set forth in Section 2.2.