General Escrow Account definition

General Escrow Account means the separate account into which the General Escrow Amount is deposited and held by the Escrow Agent pursuant to the Escrow Agreement.

General Escrow Account shall have the meaning set forth in Section 1.2(b)(i).

General Escrow Account has the meaning set forth in the Escrow Agreement. 5

Examples of General Escrow Account in a sentence

• The Redemption Account and the General Escrow Account held by the Company.

• Any Company Options shall no longer be exercisable by the former holder thereof, but shall only entitle such holder to the payment of the applicable Option Payments in accordance with this Section 2.6(d), which for the avoidance of doubt includes the right to receive payments in connection with any Excess Payment or any release of funds from the General Escrow Account or the Equityholders’ Representative Escrow Account.

• Any payment by Buyer, the Surviving Corporation or the Stockholders’ Representative (pursuant to the distribution of funds from the Merger Consideration Escrow Account or the General Escrow Account), as the case may be, pursuant to this Section 2.11 will be treated as an adjustment to the Merger Consideration for tax purposes.

• On the General Survival Date, the Escrow Agent shall automatically distribute to the Stockholders’ Representative in accordance with and subject to the terms of this Agreement and the Escrow Agreement all amounts then remaining in the General Escrow Account that are not otherwise reserved for claims for indemnification as provided in Section 10.11(b).

• Rather, those agreements specify that the purchasers would not incur costs of any type beyond the amount tendered as the policy purchase price, and that demands for service and tracking fees would be made against the General Escrow Account.

More Definitions of General Escrow Account

General Escrow Account shall have the meaning set forth in Section 10.1.

General Escrow Account shall have the meaning set forth in Section 3.

General Escrow Account has the meaning specified in Section 2.8(b).

General Escrow Account has the meaning set forth in Section 2.4(b)(vi).

General Escrow Account means the escrow account established pursuant to the General Escrow Agreement (Escrow Account No. 33-384040).

General Escrow Account is defined in Section 3.02(e).

General Escrow Account means the interest bearing bank account to be opened by the Sellers at the Escrow Agent for purposes of the Escrow Agreement;