Escrow Account 2 definition

Escrow Account 2 means: Barclays Bank plc Bignalls Clients Account - Account Number 70000000 Escrow Account Name: Bignalls Solicitors as Stakeholders Clients Account re MSX and AARK Escrow Account 2 Escrow Account Number: 30000000 IBAN GB77 BARC 2036 4770 1672 82 Swift Code: BARCGB22L Sort code 20-36-47
Sample 1
Escrow Account 2 means the escrow account in the name of the Purchaser to be opened as set forth in the Escrow Agreements;
Sample 1
Escrow Account 2 means the account on which the Purchase Price for Shares 2 shall be deposited;
Sample 1

Examples of Escrow Account 2 in a sentence

  • The Settlement Escrow shall initially be comprised of three subaccounts (the “Accounts”), to be used solely for such purposes as are set forth in Section I above: (1) the Settlement Escrow Account, (2) Lien Holdback Account, and (3) the Administration Account.

  • Such separate account shall be designated as the "Cedar Escrow Account." 2.

  • Immediately following (i) the last day of the 36th month following the Closing Date and (ii) the date on which Tucows reduces the Purchase Price in accordance with this Agreement owing to it from Escrow Account 2, Escrow Account 2 shall be terminated and Tucows shall disburse any funds remaining in Escrow Account 2 to the Shareholders in accordance with their pro rata interests as set forth on Schedule B.

  • All funds will be wired into an escrow account maintained by X.X. Xxxxxxxxx, Towbin, LLC as follows: Chase Manhattan Bank ABA # 021 000 021 0 Xxxxx Xxxxxxxxx Xxxxx XX XX 00000 FAO NFS (National Financial Services) AC# 000-000-000 FC: C.E.U.T Private Banking Escrow Account #2 Acct# KRT-980110 All funds will be disbursed in accordance with this Closing Statement.

  • Both the Private and Public Funds identified in this Reimbursement and Escrow Agreement are specifically identified for the payment of the construction of the Additional Public Infrastructure and shall not: (1) be deposited into the MDA Escrow Account, (2) be considered “Developer’s Contribution” as defined within the MDA, and (3) earn interest as the Developer’s Contribution made pursuant to the MDA.

  • Propose a geo-friend recommendation problem, and discuss the differences from previously studied link prediction problem.

  • Without limiting the obligation of the Shareholders, on a joint and several basis, to satisfy any liabilities not assumed by Tucows (i.e. not listed on Schedule C), Tucows may satisfy any such liabilities out of any funds remaining in Escrow Accounts in the 30 day period prior to the expiry of Escrow Account #1 or Escrow Account #2, if the Shareholders have not already satisfied the liabilities.

  • The Buyer Shares placed in the Guarantee Escrow Account 1 shall be released to i-data international a-s and the Buyer Shares placed in the Guarantee Escrow Account 2 shall be released to Xxxxxx Xxxxxxx Holding ApS 12 months after Closing unless Vitesse has prior to such date notified i-data international a-s and Xxxxxx Xxxxxxx Holding ApS of any Claim against the Sellers in accordance with this Agreement.


More Definitions of Escrow Account 2

Escrow Account 2 means the US$ denominated account in the name of A15 and/or Httpool with the Escrow Agent pursuant to the Escrow Agreement for the purposes of the deposit of Escrow Amount 2;
Sample 1
Escrow Account 2 shall have the meaning set out in Article 2.6(a).
Sample 1
Escrow Account 2 means the account established with the Escrow Agent in the name of the City received therein from the Escrow Account #1 which (a) when Advanced from such Escrow Account #2 are deemed simultaneously to be Proceeds of the EEDC Loan available to pay Direct Costs of the Project or as otherwise paid over in accordance with this Escrow Agreement and (b) shall be a bank account separate from the other Escrow Accounts.
Sample 1
Escrow Account 2 means the escrow account which will be opened in the
Sample 1

Related to Escrow Account 2

  • Escrow Accounts means (1) accounts of Parent or any Subsidiary, solely to the extent any such accounts hold funds set aside by Parent or any Subsidiary to manage the collection and payment of amounts collected, withheld or incurred by Parent or such Subsidiary for the benefit of third parties relating to: (a) federal income tax withholding and backup withholding tax, employment taxes, transportation excise taxes and security related charges, (b) any and all state and local income tax withholding, employment taxes and related charges and fees and similar taxes, charges and fees, including, but not limited to, state and local payroll withholding taxes, unemployment and supplemental unemployment taxes, disability taxes, xxxxxxx’x or workers’ compensation charges and related charges and fees, (c) state and local taxes imposed on overall gross receipts, sales and use taxes, fuel excise taxes and hotel occupancy taxes, (d) passenger facility fees and charges collected on behalf of and owed to various administrators, institutions, authorities, agencies and entities, (e) other similar federal, state or local taxes, charges and fees (including without limitation any amount required to be withheld or collected under applicable law) and (f) other funds held in trust for, or otherwise pledged to or segregated for the benefit of, an identified beneficiary; or (2) accounts, capitalized interest accounts, debt service reserve accounts, escrow accounts and other similar accounts of Parent or any Subsidiary or funds established in connection with the ARB Indebtedness.

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

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

  • 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.

  • 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.

  • 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.

  • Spread Account Initial Deposit means an amount equal to 3% of the aggregate principal balance of the Receivables on the Closing Date (which is equal to $26,373,696.22).

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

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

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,635,875.59.

  • Collection Accounts As defined in Section 3.10(a).

  • Lockbox Account Agreement means any replacement agreement therefor among the Servicer, the Trust Collateral Agent and the Lockbox Bank.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Initial Reserve Account Deposit means $3,250,000.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

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

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).