Purchase Price Escrow Fund definition

Purchase Price Escrow Fund means the Purchase Price Escrow Amount, and the funds from time to time in such account established with the Escrow Agent pursuant to the Escrow Agreement.

Purchase Price Escrow Fund means the escrow fund established pursuant to the Escrow Agreement in respect of the Purchase Price Escrow Amount.

Purchase Price Escrow Fund means the Deposit, together with any and all interest or income actually earned thereon pursuant to the Purchase Price Escrow Agreement.

Examples of Purchase Price Escrow Fund in a sentence

• On the Purchase Price Escrow Release Date, the Escrow Agent will deliver to Purchaser out of the Purchase Price Escrow Fund, the full amount of any Negative Adjustment Amount plus, if applicable, one-half (1/2) of the Reviewing Accountant Fees specified in the Purchase Price Escrow Release Notice, and following the delivery of such amounts to Purchaser, deliver to Seller any and all remaining amounts in the Purchase Price Escrow Fund.

• Any loss or expense incurred as a result of any investment of moneys on deposit in the First Escrow Fund, Second Escrow Fund, Third Escrow Fund, Fourth Escrow Fund and the Purchase Price Escrow Fund shall be paid from the First Escrow Fund, Second Escrow Fund, Third Escrow Fund, Fourth Escrow Fund and the Purchase Price Escrow Fund, respectively.

• Seller and Purchaser agree that any disbursement of the First Escrow Fund, Second Escrow Fund, Third Escrow Fund, Fourth Escrow Fund or the Purchase Price Escrow Fund to Seller may be treated for U.S. federal income tax purposes as consisting, in part, of imputed interest in accordance with the Internal Revenue Code of 1986, as amended (the “Code”), and Treasury Regulations promulgated thereunder.

• The Escrow Agent shall not be liable for any loss of principal or income due to the choice of investments in which the First Escrow Fund, Second Escrow Fund, Third Escrow Fund, Fourth Escrow Fund or Purchase Price Escrow Fund is invested or the choice of such investments converted into cash pursuant to this Section 11.

• In addition, Seller and Purchaser hereby acknowledge and agree among themselves that the First Escrow Fund, Second Escrow Fund, Third Escrow Fund, Fourth Escrow Fund and the Purchase Price Escrow Fund will be treated as installment obligations for purposes of Section 453 of the Code, and no party will take any action or filing inconsistent with such characterization.

More Definitions of Purchase Price Escrow Fund

Purchase Price Escrow Fund means the Purchase Price Escrow Amount deposited into escrow pursuant to the Escrow Agreement, together with any interest and income earned thereon.

Purchase Price Escrow Fund means an amount equal to the Purchase Price Escrow Amount, plus all interest, dividends and other income earned thereon.

Purchase Price Escrow Fund has the meaning set forth in Section 1.6(a).

Purchase Price Escrow Fund has the meaning set forth in Section 3.2.

Purchase Price Escrow Fund means, that portion of the Escrow Fund equal to the Purchase Price Escrow Amount, as such fund may be decreased from time to time pursuant to this Agreement and the Escrow Agreement.

Purchase Price Escrow Fund. Section 2.8 "Purchaser" Introductory paragraph "Purchaser Transaction Documents" Section 5.2 "Rambaudi Equipment" Section 2.2(c) "Rambaudi Litigation" Section 2.2(d) "Real Property" Section 4.7 "Real Property Leases" Section 2.1(g) "Retained Employees" Section 6.5(b) "Seller" Introductory paragraph "Seller Transaction Documents" Section 4.3

Purchase Price Escrow Fund shall have the meaning specified in Section 2.2.