Special Escrow Deposit definition

Special Escrow Deposit means $7,000,000.
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Special Escrow Deposit means, collectively, the Cascade Special Escrow Deposit, the WVP Special Escrow Deposit and the Umpqua Special Escrow Deposit.
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Examples of Special Escrow Deposit in a sentence

  • Subject to the provisions of this Article ‎VIII, from and after the Closing, the Company Equityholders, solely from the Special Escrow Deposit, hereby agree to indemnify and hold harmless Parent, its Affiliates and each of their respective directors, managers, officers and Affiliates (collectively, the “Parent Indemnitees” or “Indemnified Parties”) from and against any and all Losses of such Parent Indemnitees resulting from or arising out of the Special Matter.

  • The requesting agent has to select such a structure that would enhance the knowledge of its user and at the same time be relevant to the current task.

  • Identification of new job, training or apprenticeships that may be created would be advantageous but is not essential.

  • At the Closing, pursuant to Section 2.3(b)(iii), Parent shall deliver the Adjustment Escrow Deposit and the Special Escrow Deposit to the Escrow Agent to be, in separate and segregated accounts, held, safeguarded, invested and released pursuant to the terms of this Agreement and the Escrow Agreement.

  • The Special Escrow Deposit shall be the sole and exclusive source of recovery for any and all amounts payable to Parent or any of the other Parent Indemnitees pursuant to Article VIII, and then only for Losses resulting from or arising out of the Special Matter pursuant to Section 8.2 and in accordance with this Article VIII.

  • Parent and the Stockholders' Representative confirm by execution and delivery of this Agreement that the allotment of cash and shares of Parent Common Stock in the Special Escrow Deposit amongst the Holders is in accord with the terms of the Merger Agreement.

  • It is recommended that the results of the Corporate Performance Self-Assessment are cascaded downwards to relevant groups of stakeholders.

  • Accordingly, the Cascade Special Escrow Deposit shall be used solely to satisfy Cascade’s overpayment liability, the Umpqua Special Escrow Deposit shall be used solely to satisfy Umpqua’s overpayment liability and the WVP Special Escrow Deposit shall be used solely to satisfy MPCHPA’s overpayment liability.

  • The government advised it would not borrow from ADB during the CPS, 2013–2016 period, yet ADB allocated $404 million of indicative resources to the sovereign lending portfolio in COBP, 2014– 2016.

  • Notwithstanding anything to the contrary set forth in this Section 1.2, with respect to any payment to any Seller hereunder or any portion of the Purchase Price, without any further approval, action or notification to of any kind, Buyer may Payments any amounts necessary to fund the Indemnity Escrow Deposit and Special Escrow Deposit applicable to such Seller.

Related to Special Escrow Deposit

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

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

  • 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.

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

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

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

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

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

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

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

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

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

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

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

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

  • 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.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

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

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

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

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

  • 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.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.