Revenue Escrow Amount definition

Revenue Escrow Amount means $1,000,000.
Sample 1

Examples of Revenue Escrow Amount in a sentence

  • At the Effective Time, Parent shall deliver the Revenue Escrow Amount and the Client Escrow Amount to the Escrow Agent in accordance with the terms of the Revenue Escrow Agreement and the Client Escrow Agreement, respectively.

  • Parent shall have paid the Cash Consideration (less the Client Escrow Amount and the Revenue Escrow Amount) and issued the Stock Consideration to the Company Stockholders in the amounts set forth on Exhibit 3, and shall have delivered the Revenue Escrow Amount and the Client Escrow Amount (and/or the Escrow Note) to the Escrow Agent in accordance with the terms of the Revenue Escrow Agreement and the Client Escrow Agreement, respectively.

Related to Revenue Escrow Amount

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

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

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

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Working Capital Escrow Amount means $2,000,000.

  • 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.

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

  • 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.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

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

  • 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).

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

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

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

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

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

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

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

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.