| English term or phrase: less applicable withholding taxes | Accordingly, the Company and certain of its affiliates have entered into a settlement agreement with XYZ, dated as of xx.xx.xxxx (the "Settlement Agreement"), pursuant to which the parties agreed to instruct the Escrow Agent (as defined in the Escrow Agreement (as defined in the XYZ Sale Agreement)), to deliver an amount equal to US$3.5 million, less applicable withholding taxes (such amount, the "Escrow Proceeds") to the Company and the remaining portion of the Escrow Amount to XYZ.
Danke schon mal! |
|   Katrin LuekeKudoZ activityQuestions: 208 (none open) ( 1 without valid answers) ( 4 closed without grading) Answers: 456
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The translation workplace 
peer agreement (net): +3
