Examples of Escrow and Disbursement Agreement in a sentence
Personal jurisdiction and venue for any civil action commenced by any of the parties to this Agreement whether arising out of or relating to the Agreement, a letter of credit, Escrow and Disbursement Agreement, or performance bond will be deemed to be proper only if such action is commenced in the District Court for Mesa County, Colorado.
The performance bond, or letter of credit, or Escrow and Disbursement Agreement shall be in good and sufficient form as approved by the City.
To the extent applicable, the Company shall cause TIA (S) 314(d) relating to the release of property or securities from the Lien and security interest of the Escrow and Disbursement Agreement to be complied with.
The Company shall furnish to the Indenture Trustee, prior to any proposed release of the amounts in the Escrow Account or the Refinancing Account other than pursuant to the express terms of the Escrow and Disbursement Agreement, (i) all documents required by Section 314(d) of the TIA and (ii) an Opinion of Counsel, which may be rendered by internal counsel to the Company, to the effect that such accompanying documents constitute all documents required by Section 314(d) of the TIA.
The Trustee, however, may refuse to follow any direction that conflicts with law, the Indenture or the Escrow and Disbursement Agreement or that the Trustee determines is unduly prejudicial to the rights of any other Holder or that would involve the Trustee in personal liability.
The Company shall indemnify the Indenture Trustee and the Agents against any and all losses, liabilities or expenses incurred by them arising out of or in connection with the acceptance or administration of their duties under this Indenture, the Notes, or the Escrow and Disbursement Agreement, except any such loss, liability or expense as may be attributable to the negligence or bad faith of the Indenture Trustee or such Agent.
In case of emergency, it should be possible to move a stretcher from internal habitable rooms to an emergency service access area.Access and circulation arrangements should have regard to the varying needs of occupants over their lifetimes, including needs associated with moderate mobility difficulties and the normal frailty associated with old age.
No director, officer, employee, incorporator or stockholder of the Company, as such, shall have any liability for any obligations of the Company under the Notes, this Indenture or the Escrow and Disbursement Agreement or for any claim based on, in respect of, or by reason of, such obligations or their creation.
Each Holder of Notes, by its acceptance thereof, authorizes and directs the Indenture Trustee to enter into the Escrow and Disbursement Agreement and the Global Undertaking Letter and to perform its obligations and exercise its rights thereunder in accordance therewith.
The Indenture Trustee is authorized to receive any funds for the benefit of the Holders of Notes disbursed under the Escrow and Disbursement Agreement, and to make further distributions of such funds to the Holders of Notes according to the provisions of this Indenture.