Specific Escrow Amount definition

Specific Escrow Amount means the funds available in the Specific Escrow Account from time to time pursuant to the terms set out on the Escrow Agreement and which, for the purposes of clause 4.3 of this Agreement only (without prejudice to the provisions of this Agreement or the Escrow Agreement), will be equal to six million euro (EUR 6,000,000);
Specific Escrow Amount means $5,100,000.00.
Specific Escrow Amount means the amount designated as the Specific Escrow Amount in the Escrow Agreement, which shall be funded solely by Parent Common Stock based upon the Average Closing Price.

Examples of Specific Escrow Amount in a sentence

  • The Clean Air Act gives EPA the statutory authority to establish the criteria and procedures for determining whether transportation activities conform to the SIP.Provisions in today’s final rule thatare related to conformity requirements in existing PM10 nonattainment and maintenance areas do not impose any new information collection requirements from EPA that require approval by OMB under the Paperwork Reduction Act, 44 U.S.C. 3501 et seq.

  • For the avoidance of doubt, the Parties acknowledge and agree that the Buyer does not need to establish liability against each of the Sellers (notwithstanding the fact that such Sellers’s liability is pro rata according to its respective stake in the Nubiola Group as identified in the column set opposite its name in Schedule 2) in order to obtain recourse from the Specific Escrow Amount.

  • The General Escrow Amount and the Specific Escrow Amount shall be held by the Escrow Agent pursuant to the terms of the Escrow Agreements.

Related to Specific 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.

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

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

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

  • 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.

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

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

  • 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.

  • 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 Cash is defined in Section 4.1(a).

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

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

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

  • 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.

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

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

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

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

  • 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”.

  • Expense Fund has the meaning set forth in Section 9.14(f).