Tax Escrow Funds definition

Tax Escrow Funds means the portion of the Tax Escrow Amount held by the Escrow and Paying Agent in accordance with this Agreement and the Escrow Agreement, together with all interest, if any, earned from investment of such amounts.
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Tax Escrow Funds means the Tax Escrow Amount held in the Tax Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investment thereof, less distributions thereof in accordance with this Agreement and the Escrow Agreement.
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Tax Escrow Funds means the amount from time to time in the Tax Escrow Account, including all Earnings thereon.
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Examples of Tax Escrow Funds in a sentence

  • The Tax Escrow Funds shall be maintained separately in the Tax Escrow Account.

  • All Operative Agreements shall have been duly executed and delivered by the respective parties thereto other than Buyer and shall be in full force and effect, and the Tax Escrow Funds and the BVI Escrow Funds shall have been deposited with the applicable escrow agents in accordance with the Tax Escrow Agreement and the BVI Escrow Agreement.

  • Brown Collateral (other than the Tax Escrow Funds (as defined in Section 8(E) of this Stipulation) will be applied first to the Acquired Alex.

  • Accordingly, Jefferson and Debtor agree that upon the sale of the FPA Stock, Debtor shall deposit Four Hundred Thousand Dollars ($400,000.00) (the "Tax Escrow Funds") of the proceeds of such sale in an automatically renewing thirty (30) day certificate of deposit (the "Tax Escrow CD") at Jefferson.

  • The Tax Escrow Funds shall be released to the Beneficiaries in accordance with the terms of the Tax Escrow Agreement.

  • To the extent that Capital Gains Taxes are paid from General Funds, the Tax Escrow Funds shall be reduced, dollar-for-dollar, and applied to the Acquired Alex.

  • Nine hundred thousand dollars ($900,000) (the "Tax Escrow Funds") shall be held pursuant to an Agreement among Buyer, the Escrow Agent, the Trust and the Beneficiaries, substantially in the form of EXHIBIT B hereto (the "Tax Escrow Agreement").

  • Debtor may utilize the Tax Escrow Funds to pay only Capital Gains Taxes as and when they are actually due and payable.

  • Any earnings on the Accounting Method Tax Escrow Funds, net of escrow expenses and taxes, shall be paid, pro rata to the Founders in accordance with their respective Founders’ Proportionate Interests.

  • In accordance with Article I, Buyer shall have delivered to Sellers the Purchase Price less the Tax Escrow Funds, the BVI Escrow Funds and the Phase II Deposit (which Phase II Deposit shall be released to Sellers at Closing).


More Definitions of Tax Escrow Funds

Tax Escrow Funds means, at any given time after the Closing, the funds remaining in the Tax Escrow Account.
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Tax Escrow Funds means, at any time, the portion of the Tax Escrow Amount then remaining in the Tax Escrow Account.
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Tax Escrow Funds means the funds from time to time being held by the Escrow Agent pursuant to the terms of the Escrow Agreement with respect to the Tax Escrow Deposit.
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Tax Escrow Funds shall have the meaning set forth in Section 1.4(a).
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Related to Tax Escrow Funds

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

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

  • 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.

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

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

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

  • 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.

  • 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”.

  • Escrow Deposit has the meaning set forth in Section 3.3.

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

  • Adjustment Escrow Amount means $2,000,000.

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

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

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

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

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

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

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

  • Tax Refunds means refunds of any Cash paid by the Participating CCAA Parties on account of Taxes, refunded to such Participating CCAA Parties from time to time by the applicable Taxing Authorities;