Seller Escrow Amount definition

Seller Escrow Amount means $375,840 (approximately DM -------------------- 606,193 applying the exchange rate of one DM per .00 Xxxxxx Xxxxxx Dollar).
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Seller Escrow Amount is defined in Section 3.3.
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Seller Escrow Amount has the meaning set out in Clause 10.3.
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Examples of Seller Escrow Amount in a sentence

  • At Closing, each Seller shall be entitled to receive the amount of cash that Seller has the right to receive pursuant to Section 1.3(a)(i) , less (i) such Seller’s Pro Rata Share of the Escrow Amount (the “ Seller Escrow Amount ”), and (ii) such Seller’s Pro Rata Share of the Post-Closing Adjustment Holdback Amount (the “ Seller Post-Closing Adjustment Holdback Amount ”).

  • As soon as reasonably practicable after the Closing Date, but in no event later than one (1) Business Day following the Closing Date, Acquirer will pay to each Seller by wire transfer of same-day funds the aggregate amount of cash payable to each Seller pursuant to Section 1.3(a)(i) , less (i) such Seller Escrow Amount, and (ii) such Seller Post-Closing Adjustment Holdback Amount.

  • The Buyer Escrow Amount, the Impaired Assets Escrow Amount and the Seller Escrow Amount shall be held by the Escrow Agent and disbursed pursuant to the Escrow Agreement which shall be in form and substance acceptable to the Buyer, Seller and the Escrow Agent.

  • As to each claim for Damages made by Buyer pursuant to this Article IX, Buyer only shall be entitled to receive from the Non-Employee Seller Escrow Amount an amount equal to (i) the Paid Escrow Percentage multiplied by (ii) the amount of such Damages.

  • In exchange for all of the Purchased Shares, ------------- Template Acquisitions I hereby delivers the aggregate purchase price as follows: (i) to the Seller, an amount equal to DM 3,082,347 (approximately $1,911,055 applying an exchange rate of one DM per .00 Xxxxxx Xxxxxx Dollar) (the "Cash ---- Consideration"); and (ii) to the Escrow Agent (as defined in the Indemnification ------------- and Escrow Agreement), the Seller Escrow Amount.

  • On the Closing Date, Parent shall deposit with the Escrow Agent (i) the Seller Escrow Amount and (ii) an amount in cash equal to Two Million Dollars ($2,000,000) (the “Parent Escrow Amount”).

  • To secure its obligations under this Agreement, the Seller agrees to deposit Two Hundred Seventy Thousand Dollars ($270,000) (the "Seller Escrow Amount") with the Escrow Agent at the Closing, which sum shall be held pursuant to the terms of the escrow agreement attached hereto as Exhibit L.

  • As provided in Section 2.6(b), at the Closing , the 45% of the Buyers Common Stock to be issued to Seller ("Escrow Amount") will be deposited into an escrow account with Tighx, Xxttxx & Xabbxx, X.L.L.C. (the "ESCROW AGENT"), such deposit to constitute an escrow fund (the "ESCROW FUND").

  • Seller Escrow Amount shall be held by the Escrow Agent and disbursed pursuant to the Escrow Agreement which shall be in form and substance acceptable to the Buyer, Seller and the Escrow Agent.

  • In exchange for all of the Purchased Shares, ------------- Template Acquisitions I hereby delivers the aggregate purchase price as follows: (i) to the Seller, an amount equal to DM 4,673,807 (approximately $2,897,776 applying an exchange rate of one DM per .00 Xxxxxx Xxxxxx Dollar) (the "Cash ---- Consideration"); and (ii) to the Escrow Agent (as defined in the Indemnification ------------- and Escrow Agreement), the Seller Escrow Amount.


More Definitions of Seller Escrow Amount

Seller Escrow Amount means the aggregate amount to be deposited in the Buyer Indemnification Amount by or on behalf of Sellers at the Closing, as more particularly set forth in Schedule I.
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Seller Escrow Amount means the approximately $70,000,000 cash -------------------- portion of the purchase price payable to Sellers, placed into escrow with U.S. Trust Company of California, N.A. as escrow agent, pursuant to the terms of the Recapitalization Documents.
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Seller Escrow Amount has the meaning assigned to it in Section 2.9.
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Related to Seller Escrow Amount

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

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

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

  • 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.

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

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

  • 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.

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

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

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

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

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

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

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

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

  • 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.

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

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

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

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

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

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