Company Senior Note Escrow Account definition

Company Senior Note Escrow Account means the escrow account established pursuant to Section 2(b) of the Company Senior Note Escrow Account Agreement.
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Company Senior Note Escrow Account shall have the meaning given in Section 2(b).
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Examples of Company Senior Note Escrow Account in a sentence

  • At least 30 days prior to each Interest Payment Date, the Escrow Agent shall deliver to the Leasing Company, the Trustees and the escrow agent for the Company Senior Note Escrow Account a statement setting forth with reasonable particularity the balance of funds then in the Leasing Company Escrow Account and the manner in which such funds are invested (the "Escrow Account Statement").

  • The Escrow Agent shall be paid any compensation owed to it directly by the Company and shall not disburse from the Company Senior Note Escrow Account any such amounts.

  • All money received by the Company and required to be deposited in the Company Convertible Note Escrow Account, or the Company Senior Note Escrow Account if the Company Convertible Note Escrow Account Agreement has been terminated, shall be promptly and without commingling remitted to the Collateral Agent or the Convertible Note Trustee (or the Senior Note Trustee if the Convertible Notes are no longer outstanding and the Convertible Note Indenture has been satisfied and discharged) for deposit therein.

  • Provided that no Event of Default has occurred and is continuing, the Company shall initiate all requests for withdrawals of funds from the Company Senior Note Escrow Account by executing a Disbursement Request and submitting such request to the Senior Note Trustee.

  • No sales of Collateral may be made in contravention of the terms of the Senior Note Indenture or the Convertible Note Indenture and the cash proceeds of the sale of any Collateral shall be promptly and without commingling remitted to the Collateral Agent or the Senior Note Trustee for deposit in the Company Senior Note Escrow Account or the Convertible Note Trustee for deposit in the Company Convertible Note Escrow Account, if the Company Senior Note Escrow Account Agreement has been terminated.

  • All funds deposited in the Company Senior Note Escrow Account representing net proceeds of the Notes constitute Collateral and will, at the direction of the Company except during the continuance of a Default or an Event of Default and at the direction of the Trustee during the continuance of a Default or an Event of Default, be invested in Eligible Cash Equivalents in the manner provided for in the Company Senior Note Escrow Account Agreement.

  • The Company is the legal, record and beneficial owner of the Existing Pledged Stock, and any Intercompany Notes existing on the Issue Date (the "Existing Collateral"), free and clear of any Lien or claims of any person except for the Liens listed on Schedule D attached hereto and the Liens created by this Security Agreement, the Company Senior Note Escrow Account Agreement and any of the other Senior Note Collateral Documents.

  • The Escrow Agent shall be paid any such expenses owed to it directly by the Company and shall not disburse from the Company Senior Note Escrow Account any such amounts.

  • At least 30 days prior to each Interest Payment Date, the Escrow Agent shall deliver to the Company, the Trustees and the applicable escrow agent for each Leasing Company Escrow Account a statement setting forth with reasonable particularity the balance of funds then in the Company Senior Note Escrow Account and the manner in which such funds are invested (the "Senior Note Escrow Account Statement").

  • No funds shall be released from the Company Senior Note Escrow Account except as provided herein and in the Company Senior Note Escrow Account Agreement.

Related to Company Senior Note Escrow Account

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

  • 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.

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

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Escrow Accounts means a SEK bank account and/or EUR bank account and/or a NOK bank account opened by the Arranger with a reputable bank on which the proceeds from the Bond Issue will be held until the Conditions Precedent for Disbursement have been fulfilled.

  • 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.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C of the Plan.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

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

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

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

  • Escrow and Paying Agent Agreement means, with respect to either Class of Certificates, the Escrow and Paying Agent Agreement pertaining to such Class dated as of the date hereof between the Escrow Agent, the Underwriters, the Trustee for such Class and the Paying Agent, as the same may be amended, modified or supplemented from time to time in accordance with the terms thereof.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Escrow End Date has the meaning set forth in the Escrow Agreement.

  • Escrow Deposit has the meaning set forth in Section 3.3.

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

  • 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.

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

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2005-5, Home Equity Pass-Through Certificates, Series 2005-5. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Eligible Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.