Escrow Term definition

Escrow Term means the period extending eighteen (18) months from the Closing Date.

Escrow Term has the meaning set forth in Section 8.4(a).

Escrow Term has the meaning set forth in Section 2(e)(i) below.

Examples of Escrow Term in a sentence

• In the event the Tenant Conditions are not met for any part of the Vacant Space necessary to achieve the Lease-up Deficiency Income Threshold within the Escrow Term, the amount of Tenant Improvements deposit and Leasing Commissions deposit then remaining in the Escrow and attributable to such Vacant Space, shall be released to Purchaser upon the expiration of the Escrow Term.

• This Agreement and the conversion and deemed issuance of the Initial Term Loans as described in Section 2.01(a)(i) shall become effective upon the satisfaction (or waiver) of the conditions set forth in Section 4.02 of the Escrow Term Loan Agreement.

• Remaining funds in the escrow account that are not subject to an indemnification claim described above as of the Escrow Term will be returned to the Company in accordance with the terms of the Escrow Agreement.

• This Agreement shall terminate upon the expiration of the Escrow Term, without any notices to any person, unless earlier terminated pursuant to terms hereof.

• Seller acknowledges and agrees that Seller’s liability for Claims shall survive Closing, that such liability and Claims and Buyer’s rights and remedies with respect thereto are not limited to the Escrow Term, the amount of the Escrow Funds or any other provision of this Agreement and that Buyer’s rights hereunder shall not be limited or otherwise affected by Buyer’s exercise of any of Buyer’s other rights and remedies, including without limitation any of those available to Buyer under the Contract.

More Definitions of Escrow Term

Escrow Term means the period beginning upon the Effective Date and ending upon the Escrow Account being released by the Escrow Agent to Pappagallo in accordance with the terms outlined in Section 3.4. In no event shall the Escrow Term extend beyond August 26, 2015.

Escrow Term has the meaning set forth in Section (d)(viii) below. "ERISA" means the Employee Retirement Income Security Act of 1974, as amended. "EXCHANGE AGENT" has the meaning set forth in Section 2(e) below. "FCC AUTHORIZATIONS" means all approvals, consents, permits, licenses, certificates, and authorizations given by the Federal Communications Commission or similar federal governmental agency to provide the telecommunications services currently provided by the Seller and to conduct its business as it is currently conducted. "FINANCIAL STATEMENTS" have the meaning set forth in Section 3(f) below. "GAAP" means United States generally accepted accounting principles as in effect from time to time. "XXXX-XXXXX-XXXXXX ACT" means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended. "INDEMNIFIED PARTY" has the meaning set forth in Section 8(i)(i) below. "INDEMNIFYING PARTY" has the meaning set forth in Section 8(i)(i) below. "IRS" means the Internal Revenue Service. "KNOWLEDGE" means actual knowledge after reasonable investigation. "LIABILITY" means any liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for Taxes. "MERGER" has the meaning set forth in Section 2(a) below.

Escrow Term shall have the meaning set forth in Section 2.9.

Escrow Term has the meaning specified in Section 11.1.

Escrow Term has the meaning set forth in Section (d)(viii) below.

Escrow Term shall begin on the date of the establishment of the escrow account and shall expire immediately upon the first of the following to occur:

Escrow Term shall have the meaning given such term in Section 1.5(a) hereof.