Retention Agent definition

Retention Agent means Computershare Trust Company, N.A.;
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Retention Agent means Messrs ▇▇▇▇ & Maw and Orchard;
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Retention Agent means D▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Austrian notary public of Kaindl, Dürr, S▇▇▇▇▇▇▇-▇▇▇▇▇▇ & Partners, D▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇, ▇-▇▇▇▇ ▇▇▇▇▇▇;
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Examples of Retention Agent in a sentence

  • The costs of the Retention Agent as well as the notarial fees relating to the implementation of the Merger shall be split 50/50 between the Buyer on the one hand and the Sellers on the other hand; the Sellers shall share their part of the costs in proportion to the Liability Percentages.

  • The Retention shall be retained by the Retention Agent in a deposit account with National Westminster Bank PLC in the City of London (the "ACCOUNT") and shall only be released in accordance with the provisions set out in this Schedule 8 or otherwise as jointly instructed by the parties.

  • The Buyer shall not be entitled to claim, and the parties shall not instruct the Retention Agent to pay to the Buyer, amounts from the Claims Retention Account which are not amounts contributed to the Claims Retention Amount by or on behalf of such Seller.

  • Fees Comcast will pay U.S. based Retention Agent at rate of $**** per productive hour for 100% of the productive hours through June 20th 2013.

  • If a payment is due in accordance with this paragraph 1.3 before the first anniversary of the Completion Date, the Buyer and the Seller Representative shall jointly instruct the Retention Agent to distribute the applicable amount due from the Claims Retention Account.

  • Comcast will pay U.S. based Retention Agent at rate of $**** per productive hour for 100% of the productive hours through June 20th 2013.


More Definitions of Retention Agent

Retention Agent means Wilmington Trust (London) Limited;
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Retention Agent means the Solicitors; "Retention Account" means an interest bearing solicitor's reserve account in the joint names of the Solicitors opened in accordance with the Instruction Letter; "Retention Bank" means The Royal Bank of Scotland plc; "Retention Claim" means any claim by the Buyer under the Agreement and the Tax Deed which is required or permitted to be settled out of the sums standing to the credit of the Retention Account from time to time; "Retention Release Date" means the First Retention Release Date, the Second Retention Release Date or the Final Retention Release Date, as the case may be; "Second Retention Release Date" means 36 months after the Completion Date; and "Solicitors" means the Buyer's Solicitors and the Sellers' Solicitors; "Withholding" has the meaning given to it in paragraph 4.3(c) of this schedule "W&I Policy" means a warranty and indemnity insurance policy in respect of the Agreement and the transaction contemplated therein on terms that are satisfactory to the Buyer; "W&I Policy Costs" means the insurance premium payable by the Buyer in respect of the W&I Policy and any costs or expenses reasonably incurred by the Buyer in connection with the W&I Policy including, but not limited to, legal fees, the underwriting fee, and any applicable insurance premium tax; and "W&I Policy Inception Date" means the date that is 90 days following Completion.
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