Cash Escrow Agent definition

Cash Escrow Agent means Anchor Title Company.
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Cash Escrow Agent means American Stock Transfer & Trust Company, LLC, as escrow agent pursuant to the Cash Escrow Agreement.
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Cash Escrow Agent means Keyforce LTD, a company incorporated under the laws of Cyprus, Address 21 Xxxxxx Xxxxxxxxxx xxxxxx, 0000 Xxxxxxxx Cyprus.
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Examples of Cash Escrow Agent in a sentence

  • By execution of this Agreement, the Cash Escrow Agent acknowledges receipt of the Initial Cash Escrow Deposit.

  • The Buyer hereby deposits with the Cash Escrow Agent, via cashiers funds or via wire transfer, in accordance with the wire transfer instructions contained in the Stock Subscription and Purchase Agreement, the sum of Fifty Thousand Dollars ($50,000.00) (the "Initial Cash Escrow Deposit").

  • Cash releases from the Cash Escrow shall be made on mandatory and non-discretionary basis to the Corporation from time to time by the Cash Escrow Agent, as obligations in the various categories set forth in the Cash Budget incorporated into the Stock Subscription and Purchase Agreement as Exhibit E thereto are incurred, or required to be paid by the Corporation (including advance deposits and similar obligations).

  • In fulfillment of the provisions of the Stock Subscription and Purchase Agreement, the Buyer, the Corporation and the Cash Escrow Agent are now entering into this Agreement.

  • The Cash Escrow Agent may resign at any time by giving written notice thereof to the other parties hereto, but such resignation shall not become effective until a successor Cash Escrow Agent shall have been appointed with the consent of all parties hereto and shall have accepted such appointment in writing.

  • Except as set forth in this Paragraph 4.b, the Cash Escrow Agent shall not be liable while acting in accordance with any written instructions given to it hereunder and believed by it to have been executed by the proper parties.

  • In addition to the foregoing, all payments made by the Buyer under the two promissory notes executed by the Buyer for $50,000.00 each, as required under the terms of the Stock Subscription and Purchase Agreement and such notes, shall be delivered to the Cash Escrow Agent via cashiers funds or via wire transfer in accordance with the same wire transfer instructions.

  • The Cash Escrow Agent's duties are only such as are specifically provided herein, and the Cash Escrow Agent shall incur no liability whatsoever to the Corporation or the Buyer, except for its negligence, willful misconduct or failure to perform its obligations hereunder.

  • The Corporation and the Buyer, jointly and severally, agree to hold the Cash Escrow Agent harmless and to indemnify the Cash Escrow Agent against any loss, liability, expenses (including attorney's fees and expenses), claim or demand arising out of or in connection with the performance of its obligations in accordance with the provisions of this Agreement, except for the negligence, willful misconduct or failure of the Cash Escrow Agent to perform its obligations.

  • The foregoing indemnities in this paragraph shall survive the resignation of the Cash Escrow Agent or the termination of this Agreement.


More Definitions of Cash Escrow Agent

Cash Escrow Agent means Wells Fargo Bank, National Association.
Sample 1
Cash Escrow Agent has the meaning given to the term “Escrow Agent” under the Cash Escrow Agreement.
Sample 1
Cash Escrow Agent means Xxxxx Fargo Bank, National Association.
Sample 1

Related to Cash Escrow Agent

  • Escrow Agent means the entity designated to serve as escrow agent under the Escrow Agreement.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Escrow Cash is defined in Section 4.1(a).

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • The Escrow Agent s responsibilities as escrow agent hereunder shall terminate if the Escrow Agent shall resign by written notice to the Company and the Purchaser. In the event of any such resignation, the Purchaser and the Company shall appoint a successor Escrow Agent.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Indemnity Escrow Amount means $3,000,000.

  • Escrowed Payment means an aggregate cash payment of up to $250,000;

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Working Capital Escrow Amount means $2,000,000.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow means any transaction in which any escrow property is delivered with or without transfer of legal or equitable title, or both, and irrespective of whether a debtor-creditor relationship is created, to a person not otherwise having any right, title or interest therein in connection with the sale, transfer, encumbrance or lease of real or personal property, to be delivered or redelivered by that person upon the contingent happening or non-happening of a specified event or performance or nonperformance of a prescribed act, when it is then to be delivered by such person to a grantee, grantor, promisee, promisor, obligee, obligor, bailee or bailor, or any designated agent or employee of any of them. Escrow includes subdivision trusts and account servicing.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrowed Proceeds means the proceeds from the offering of any debt securities or other Indebtedness paid into an escrow account with an independent escrow agent on the date of the applicable offering or Incurrence pursuant to escrow arrangements that permit the release of amounts on deposit in such escrow account upon satisfaction of certain conditions or the occurrence of certain events. The term “Escrowed Proceeds” shall include any interest earned on the amounts held in escrow.

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Escrow Bank has the meaning specified in Section 2.15(c).