Common use of Maintaining the Escrow Account Clause in Contracts

Maintaining the Escrow Account. Except as otherwise provided by the provisions of Section 4 and Section 9 hereof: (a) Until (i) the Escrowed Funds have been disbursed in accordance with the provisions of Section 4(a) and the Verizon Acquisition Confirmation Certificate (as defined herein) has been provided, or (ii) the Mandatory Redemption Price has been paid in full in accordance with the provisions of Section 4(b), the Company will maintain the Escrow Account with the Escrow Agent. (b) It shall be a term and condition of the Escrow Account, notwithstanding any term or condition to the contrary in any other agreement relating to the Escrow Account (other than this Escrow Agreement), that no amount (including interest, dividends or other distributions or payments on Escrow Investments) shall be paid or released to or for the account of, or withdrawn by or for the account of, the Company, the Initial Purchasers or any other Person from the Escrow Account except in accordance with the provisions of this Escrow Agreement. (c) The Escrow Account shall be subject to such applicable laws, and such applicable regulations of the Office of the Comptroller of the Currency and of any other appropriate banking or governmental authority, as may now or hereafter be in effect.

Maintaining the Escrow Account. Except as otherwise provided by the provisions of Section 4 and Section 9 hereof: (a) Until (i) the Escrowed Funds have been disbursed in accordance with the provisions of Section 4(a) and the Verizon Acquisition AT&T Transaction Confirmation Certificate (as defined herein) has been provided, or (ii) the Mandatory Redemption Price has been paid in full in accordance with the provisions of Section 4(b), the Company will maintain the Escrow Account with the Escrow Agent. (b) It shall be a term and condition of the Escrow Account, notwithstanding any term or condition to the contrary in any other agreement relating to the Escrow Account (other than this Escrow Agreement), that no amount (including interest, dividends or other distributions or payments on Escrow Investments) shall be paid or released to or for the account of, or withdrawn by or for the account of, the Company, the Initial Purchasers Underwriters or any other Person from the Escrow Account except in accordance with the provisions of this Escrow Agreement. (c) The Escrow Account shall be subject to such applicable laws, and such applicable regulations of the Office Board of Governors of the Comptroller of the Currency Federal Reserve System and of any other appropriate banking or governmental authority, as may now or hereafter be in effect.

Maintaining the Escrow Account. Except as otherwise provided by the provisions of Section 4 and Section 9 hereof: (a) Until (i) the Escrowed Funds have been disbursed in accordance with the provisions of Section Sections 4(a) and 4(b) and the Verizon Acquisition Merger Confirmation Certificate (as defined herein) has been provided, or (ii) the Mandatory Special Redemption Price has been paid in full in accordance with the provisions of Section 4(bSections 4(c), the Company will maintain the Escrow Account with the Escrow Agent. (b) It shall be a term and condition of the Escrow Account, notwithstanding any term or condition to the contrary in any other agreement relating to the Escrow Account (other than this Escrow Agreement), that no amount (including interest, dividends or other distributions or payments on Escrow InvestmentsInvestments (as defined herein)) shall be paid or released to or for the account of, or withdrawn by or for the account of, the Company, Frontier, the Initial Purchasers or any other Person from the Escrow Account except in accordance with the provisions of this Escrow Agreement. (c) The Escrow Account shall be subject to such applicable laws, and such applicable regulations of the Office Board of Governors of the Comptroller of the Currency Federal Reserve System and of any other appropriate banking or governmental authority, as may now or hereafter be in effect.