Specified Escrow Amount definition

Specified Escrow Amount. , "Specified Purposes" or "Utilized", (y) the definitions of "Designated Excluded Properties Sales" and "Wrap Refinancing", Section 2.08, Section 2.09, Section 2.11 or Section 6.03(q) of the Credit Agreement and Section III.2.
Specified Escrow Amount means on December 31, 2004, any and all amounts then in the EP Escrow to the extent attributable to a Designated Excluded Properties Sale in respect of, or Designated Indebtedness secured by, any Excluded Property that would have constituted a Designated Property on such date if such property had not been Disposed of or Utilized.
Specified Escrow Amount has the meaning set forth in Schedule 13.02.

Examples of Specified Escrow Amount in a sentence

  • All claims by an Indemnitee for Damages that such Indemnitee is entitled to pursuant to Section 10.2(a)(xii) shall be recovered from the Specified Escrow Amount, subject to the terms, conditions and limitations set forth in this Section ý10.

  • All claims by an Indemnitee for Damages that such Indemnitee is entitled to pursuant to Section 10.2(a)(xii) shall be recovered from the Specified Escrow Amount, subject to the terms, conditions and limitations set forth in this Section ‎10.

  • At or prior to the Closing: (i) Nexeo LLC shall pay its portion of the Estimated Purchase Price and Nexeo Mexico shall pay its portion of the Estimated Purchase Price to Sellers by wire transfer of immediately available funds, less the following deductions: (A) the Transaction Escrow Amount, (B) the Specified Escrow Amount, and (C) the Target Net Working Capital Holdback Amount (the “Closing Payment”).


More Definitions of Specified Escrow Amount

Specified Escrow Amount has the meaning set forth in Section 2.2(b)(ii) of this Agreement. “Subsidiaries”, has the meaning set forth in Section 4.4 of this Agreement. “Supplier Contact Plan”, has the meaning set forth in Section 6.13 of this Agreement. “Target Net Working Capital”, means U.S. $10,850,000.00 (ten million eight hundred fifty thousand 00/100 Dollars). “Target Net Working Capital Holdback Amount”, has the meaning set forth in Section 2.2(b)(iv) of this Agreement. “Tax” or “Taxes”, means (i) any and all taxes, assessments, fees and other governmental charges of any kind imposed by any Governmental Authority, including income, profits, minimum, ad valorem, real property (including assessments, fees or other Exhibit 2.1
Specified Escrow Amount means $2,403,000.
Specified Escrow Amount means $25,000,000.

Related to Specified Escrow Amount

  • 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”.

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

  • Indemnity Escrow Amount means $5,000,000.

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

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

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

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(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.

  • 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.

  • Working Capital Escrow Amount means $500,000.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

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

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

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Earnout Amount has the meaning set forth in Section 2.5.1b).

  • Release Amount has the meaning set forth in Section 4.3(f).

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

  • 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.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Retention Amount means, in relation to any Retention Date, such sum as shall be the aggregate of:

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

  • REMIC 2 Principal Loss Allocation Amount With respect to any Distribution Date and the mortgage loans, an amount equal to (a) the product of (i) the Aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interest A-1, REMIC 2 Regular Interest A-1M, REMIC 2 Regular Interest A-1W, REMIC 2 Regular Interest A-2A, REMIC 2 Regular Interest A-2B, REMIC 2 Regular Interest A-2C, REMIC 2 Regular Interest A-2D, REMIC 2 Regular Interest M-1, REMIC 2 Regular Interest M-2, REMIC 2 Regular Interest M-3, REMIC 2 Regular Interest M-4, REMIC 2 Regular Interest M-5, REMIC 2 Regular Interest M-6, REMIC 2 Regular Interest M-7, REMIC 2 Regular Interest M-8 and REMIC 2 Regular Interest B, and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interest A-1, REMIC 2 Regular Interest A-1M, REMIC 2 Regular Interest A-1W, REMIC 2 Regular Interest A-2A, REMIC 2 Regular Interest A-2B, REMIC 2 Regular Interest A-2C, REMIC 2 Regular Interest A-2D, REMIC 2 Regular Interest M-1, REMIC 2 Regular Interest M-2, REMIC 2 Regular Interest M-3, REMIC 2 Regular Interest M-4, REMIC 2 Regular Interest M-5, REMIC 2 Regular Interest M-6, REMIC 2 Regular Interest M-7, REMIC 2 Regular Interest M-8, REMIC 2 Regular Interest B and REMIC 2 Regular Interest ZZ.