Transfer at Closing. Upon the terms and subject to the conditions of this Agreement, immediately after the Closings, Renova shall deposit or cause to be deposited into an escrow account (the “Escrow Account”) established pursuant to that certain Escrow Agreement, entered into concurrently herewith, by and among Citibank, N.A. (“Citibank”), Renova and EMYC Sub (the “Omnibus Escrow Agreement”), an amount in cash equal to US$5,000,000.
Appears in 3 contracts
Sources: Omnibus Closing Agreement, Omnibus Closing Agreement (Terraform Global, Inc.), Omnibus Closing Agreement (Renova Energy S.A.)