Sufficiency of Escrow Sample Clauses

Sufficiency of Escrow. The moneys and Federal Securities accounted for in the Escrow Account shall be in an amount (or have appropriate maturities and yields to produce an amount) which at all times shall be sufficient to pay the Refunded Bond Requirements as they become due, subject to the provisions of Section 10 hereof.
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Sufficiency of Escrow. The Authority agrees that if for any reason the investments and moneys and other funds in the Escrow Fund are insufficient or otherwise unavailable to pay timely principal and premium of, and interest on, that portion of the 1993 Series B Bonds identified in Schedule B hereto, the Authority shall continue to be liable therefor in accordance with the terms of the indentures of trust relating to the 1993 Series B Bonds.
Sufficiency of Escrow. The State represents, based upon the Certification, that the cash and Government Obligations shall be sufficient to make when due the payments required by the Refunding Plan.
Sufficiency of Escrow. Moneys deposited in the Escrow Fund, including the investment earnings thereon and any uninvested cash, shall be in an amount, as determined by the Authority, which at all times shall be sufficient to meet the Refunding Requirements not theretofore met.
Sufficiency of Escrow. The moneys and Federal Securities accounted for in the 2022 Escrow Account shall be in an amount (or have appropriate maturit ies and yields to produce an amount) which at all times shall be sufficient to pay the Refunded 2014A Certificate Requirements.

Related to Sufficiency of Escrow

  • Sufficiency of Moneys The Recipient has sufficient moneys in addition to those granted to Recipient pursuant to Section II of this Agreement to fund the Project to completion;

  • Delivery to Escrow Agent You may tender your escrow securities to a person or company in a business combination. At least five business days prior to the date the escrow securities must be tendered under the business combination, you must deliver to the Escrow Agent:

  • Appointment of Escrow Agent The Company and the Initial Stockholders hereby appoint the Escrow Agent to act in accordance with and subject to the terms of this Agreement and the Escrow Agent hereby accepts such appointment and agrees to act in accordance with and subject to such terms.

  • Deposit of Escrow Securities in Escrow (1) You are depositing the securities (escrow securities) listed opposite your name in Schedule “A” with the Escrow Agent to be held in escrow under this Agreement. You will immediately deliver or cause to be delivered to the Escrow Agent any share certificates or other evidence of these securities which you have or which you may later receive.

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