Escrow Account definition

Escrow Account. The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).
Escrow Account. The separate account or accounts created and maintained pursuant to Section 4.06.
Escrow Account. As defined in Section 3.09.

Examples of Escrow Account in a sentence

  • The powers, immunities and rights to indemnification granted to the Representative Group hereunder: (i) are coupled with an interest and shall be irrevocable and survive the death, incompetency, bankruptcy or liquidation of any Stockholders and shall be binding on any successor thereto, (ii) shall survive the Closing and (iii) shall survive the delivery of an assignment by any Stockholder of the whole or any fraction of his, her or its interest in the Escrow Account.

  • The foregoing includes, but is not limited to, recovery for claims that are not limited by the Escrow Account, and fee shifting and/or prevailing party provisions in connection with any dispute.

  • Agent is authorized to, and may deduct from any cash in the Escrow Account, from time to time, the amount of any compensation and reimbursement of expenses due and payable hereunder (including any amount to which Agent or any other Indemnified Party is entitled to seek indemnification hereunder).

  • Agent shall notify Depositor and Recipient of any release from the Escrow Account to itself or any other Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish Depositor and Recipient copies of related invoices and other statements.

  • Any cash held in the Escrow Account pursuant to Section 3(d) shall be deemed “Escrow Funds” for all purposes of this Agreement and shall be subject to the same terms, conditions, restrictions, and disbursement provisions applicable to the Depositor Common Stock originally deposited.


More Definitions of Escrow Account

Escrow Account has the meaning set forth in the Escrow Agreement.
Escrow Account means the account established by the Escrow Agent pursuant to the Escrow Agreement.
Escrow Account. Any account established and maintained by each Servicer pursuant to the related Servicing Agreement. Euroclear: Euroclear Bank, S.A./N.V., as operator of the Euroclear System.
Escrow Account means the account established pursuant to the Escrow Agreement.
Escrow Account has the meaning set forth in Section 2.4(a).
Escrow Account. The separate account or accounts created and maintained by the Master Servicer or a Servicer pursuant to Section 3.06.
Escrow Account. As defined in Section 3.04(b) of this Agreement.