Holdback Release Date definition

Holdback Release Date means the date that is twelve (12) months from the Closing Date.
Holdback Release Date has the meaning specified in Section 11.10(a) hereof.
Holdback Release Date has the meaning set forth in Section 7.1(c)(i).

Examples of Holdback Release Date in a sentence

  • Subject to Section 14.4, the Holdback Equity Consideration shall be retained in the Holdback Account until the Holdback Release Date.

  • Notwithstanding the foregoing, if a Claim Notice is delivered in accordance with the terms hereof prior to the Holdback Release Date, or in the case of claims under Section 8.2(a)(vi) prior to 5:00 p.m. Pacific time on the fifth year anniversary of the Closing Date, then the claim set forth in such Claim Notice shall continue indefinitely until such claim is finally resolved pursuant to the terms of this ARTICLE VIII.

  • On the Holdback Release Date, the remaining Holdback Equity Consideration after giving effect to any indemnification payments under Section 14.4 shall be released to each Contributor in proportion to such Contributor’s Pro Rata Share of the ETP Equity Consideration set forth on the Allocation Schedule.

  • Subject to Section 8.1, Parent shall hold the Holdback Fund until 5:00 p.m. Pacific time on the Holdback Release Date.

  • Until the Holdback Release Date, no Contributor shall sell, assign, transfer any of the Holdback Equity Consideration or permit the creation of any Lien (other than any Lien created hereunder) upon the Holdback Equity Consideration.


More Definitions of Holdback Release Date

Holdback Release Date has the meaning set forth in Section 2.3(c) of this Agreement.
Holdback Release Date has the meaning assigned to it in Section 1.3(a)(iii).
Holdback Release Date has the meaning set forth in Section 2.3.
Holdback Release Date means the later of (a) the date that is nine months after the Closing Date and (b) if on the date referenced in clause (a) there are any outstanding Claims of an ETP Indemnitee against any Contributor, the date upon which such Claims are fully settled by mutual written agreement or final, nonappealable judgment.
Holdback Release Date means the 12-month anniversary of the Closing Date.
Holdback Release Date means the date that is eighteen (18) months after the Closing Date.
Holdback Release Date has the meaning set forth in Section 2.5.