Common use of Authorized Escrow Account Disbursements Clause in Contracts

Authorized Escrow Account Disbursements. It is agreed as between Lessee and Lessor that disbursements from the Escrow Account shall be made for the purpose of paying (including the reimbursement to Lessee for advances from its own funds to accomplish the purposes hereinafter described) the cost of acquiring the Equipment.

Appears in 8 contracts

Samples: Master Equipment Lease/Purchase Agreement, Escrow and Account Control Agreement, Escrow and Account Control Agreement

AutoNDA by SimpleDocs

Authorized Escrow Account Disbursements. It is agreed as between Lessee and Lessor that disbursements Disbursements from the Escrow Account shall be made for the purpose of paying (including the reimbursement to Lessee for advances from its own funds to accomplish the purposes hereinafter described) the cost of acquiring the Equipment.

Appears in 3 contracts

Samples: Master Lease Purchase Agreement, Lease Purchase Agreement, Escrow and Account Control Agreement

Authorized Escrow Account Disbursements. It is agreed as between Lessee Xxxxxx and Lessor that disbursements from the Escrow Account shall be made for the purpose of paying (including the reimbursement to Lessee for advances from its own funds to accomplish the purposes hereinafter described) the cost of acquiring the Equipment.

Appears in 3 contracts

Samples: Escrow and Account Control Agreement, Master Equipment Lease/Purchase Agreement, Escrow and Account Control Agreement

Authorized Escrow Account Disbursements. It is agreed as between Lessee Xxxxxx and Lessor that disbursements from the Escrow Account shall be made for the purpose of paying (including the reimbursement to Lessee for advances from its own funds to accomplish the purposes hereinafter described) the cost of acquiring the Equipment. Any disbursement from the Escrow Account shall first be approved in writing by Xxxxxx.

Appears in 2 contracts

Samples: Equipment Lease/Purchase Agreement, Escrow and Account Control Agreement

AutoNDA by SimpleDocs

Authorized Escrow Account Disbursements. It is agreed as between Lessee and Lessor that disbursements from the Escrow Account shall be made for the purpose of paying (including the reimbursement to Lessee for advances from its own funds to accomplish the purposes hereinafter described) the cost of acquiring the Equipment. Any disbursement from the Escrow Account shall first be approved in writing by Lessor.

Appears in 1 contract

Samples: Escrow and Account Control Agreement

Authorized Escrow Account Disbursements. It is agreed as between Lessee and Lessor that disbursements from the Escrow Account shall be made for the purpose of paying (including the reimbursement to Lessee for advances from its own funds to accomplish the purposes hereinafter described) the cost Project Costs and the costs of acquiring the Equipment.

Appears in 1 contract

Samples: Escrow Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!