Common use of Distributions from Escrow Account Clause in Contracts

Distributions from Escrow Account. Funds (or Government Securities that are scheduled to mature or that can be liquidated on or before the date of the applicable Scheduled Interest Payment) on deposit in the Escrow Account shall be withdrawn by the Escrow Agent and transferred only in accordance with this Section 4:

Appears in 4 contracts

Samples: Pledge and Escrow Agreement (Cv Therapeutics Inc), Pledge and Escrow Agreement (Cv Therapeutics Inc), Pledge and Escrow Agreement (Globalstar, Inc.)

AutoNDA by SimpleDocs

Distributions from Escrow Account. Funds (or Government Securities that are scheduled to mature or that can be liquidated on or before the date of the applicable Scheduled Interest PaymentPayment (as defined below)) on deposit in the Escrow Account shall be withdrawn by the Escrow Agent and transferred only in accordance with this Section 4:

Appears in 2 contracts

Samples: Pledge and Escrow Agreement, Pledge and Escrow Agreement (Airtran Holdings Inc)

Distributions from Escrow Account. Funds (or Government Securities that are scheduled to mature or that can be liquidated on or before the date of the applicable Scheduled Interest Payment) on deposit in the Escrow Account shall be withdrawn by the Escrow Agent and transferred only in accordance with this Section 45:

Appears in 1 contract

Samples: Pledge and Escrow Agreement (GSV Capital Corp.)

AutoNDA by SimpleDocs

Distributions from Escrow Account. Escrow Funds (or Government Securities that are scheduled to mature or that can be liquidated on or before the date of the applicable Scheduled Interest Payment) on deposit in the Escrow Account (including, without limitation, any interest or investment income on or other proceeds of the Escrow Funds) shall be withdrawn by the Escrow Agent and transferred only to persons designated herein in accordance with this Section 4:

Appears in 1 contract

Samples: Pledge and Escrow Agreement (Raser Technologies Inc)

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