Indemnity Escrow Account has the meaning set forth in Section 2.3(c).
Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).
Title Defect Property has the meaning set forth in Section 6.2(a).
Title Defects has the meaning set forth in Section 5.15(b).
Title Defect Amount means, with respect to a Title Defect Property, the amount by which such Title Defect Property is impaired as a result of the existence of one or more Title Defects, which amount shall be determined as follows:
Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.
Indemnity Escrow Amount means $5,000,000.
Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC
Title Defect means with respect to a Lease any lien, encumbrance, adverse claim, default, expiration, failure, defect in or objection to real property title, other than Permitted Encumbrances, that alone or in combination with other defects renders Sellers’ title to the Lease less than Defensible Title.
Adjustment Escrow Amount means $1,000,000.
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.
Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).
Title Defect Notice shall have the meaning set forth in Section 11.2(a).
Purchase Price Adjustment Escrow Amount means $500,000.
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.
Deposit Escrow Agreement has the meaning set forth in Section 2.2.
Escrow Deposit has the meaning set forth in Section 3.3.
Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.
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.
Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;
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.
Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.
Indemnity Escrow Agreement has the meaning set forth in Section 1.5.
Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].
Transfer Deposit Amount has the meaning given to it in Section 2.02(b).