Escrowed Cash definition

Escrowed Cash shall have the meaning set forth in Section 1.2(c).

Escrowed Cash has the meaning set forth in Section 2.3(b)(ii).

Escrowed Cash means an amount in cash equal to fifty percent (50%) of the Aggregate Escrow Amount.

Examples of Escrowed Cash in a sentence

• Net debt is defined as total debt less cash and cash equivalents and the KBW Escrowed Cash.

• If any Working Capital Escrowed Cash (or interest thereon) remains in the Working Capital Escrow Account on the date that such Working Capital Adjustment is resolved and there is no Working Capital Adjustment payable to Buyer, the Parties shall execute and deliver to the Working Capital Escrow Agent joint written instructions promptly to deliver all such amounts by wire transfer of immediately available funds to Seller.

• On the date hereof, the Buyer shall pay or cause Merger Sub to pay to the Escrow Agent, the Initial Escrowed Cash by wire transfer of immediately available funds in U.S. dollars.

• Upon receipt of the Initial Escrowed Cash, the Escrow Agent shall establish on its books at the office of the Escrow Agent, a trust account for the purposes contemplated hereby entitled the "ARKSYS-Euronet Escrow Account (the "Escrow Account").

• HealthStream shall deliver, or cause to be delivered, the Escrowed Cash to the Escrow Agent, as provided for in Section 1.2(b).

More Definitions of Escrowed Cash

Escrowed Cash means an amount in cash which is equal to the Estimated Merger Consideration minus $154,000,000 but in no event shall the Escrowed Cash exceed $15,000,000; provided, that if the Estimated Merger Consideration is equal to or less than $154,000,000, than the Escrowed Cash shall be $0.00.

Escrowed Cash shall have the meaning set forth in the Recitals.

Escrowed Cash means the sum of the Adjustment Escrowed Cash plus the Reorg Escrowed Cash.

Escrowed Cash means any cash subject to a third-party escrow arrangement pursuant to a settlement in respect of the Even Responsible Trademark Matter (as defined in the Company Disclosure Schedule).

Escrowed Cash means an amount in cash equal to the Escrow Amount multiplied by the Cash Consideration Percentage.

Escrowed Cash shall equal $5,000,000. The "Escrowed Bridge Preferred Shares" shall equal the quotient of $20,000,000 divided by the Liquidation Preference, rounded down to the nearest whole share. The Escrowed Cash and the Escrowed Bridge Preferred Shares (collectively, the "Escrow Fund") shall be deposited by Parent with the Escrow Agent (as defined in the Escrow Agreement) at the Effective Time and subsequently distributed to the parties entitled thereto in accordance with the terms of the Escrow Agreement attached as Exhibit A hereto (the "Escrow Agreement"). The Escrowed Bridge Preferred Shares, and any shares of Parent Common Stock or Permanent Preferred Stock into which such shares are converted, will appear as issued and outstanding on the balance sheet of Parent and will be legally outstanding under applicable state law.

Escrowed Cash has the meaning ascribed to such term in Section 3.8(a).