Escrow Bank has the meaning specified in Section 2.15(c).
Escrow Bank means a Scheduled Bank as defined under Section 2(e) of the Reserve Bank of India Act, 1934 having a net worth of at least ` 1,000 Crore (Rupees One Thousand Crore), with which the Escrow Account is opened and maintained by the Developer;
Escrow Bank shall have the meaning set forth in Clause 13.1.1; "Escrow Default" shall have the meaning set forth in Schedule-E;
Examples of Escrow Bank in a sentence
The nature and scope of the Escrow Account are fully described in the agreement (the “Escrow Agreement”) to be entered into amongst the Concessionaire, the Authority, the Escrow Bank and the Senior Lenders through the Lenders’ Representative, which shall be substantially in the form set forth in Schedule-O.
More Definitions of Escrow Bank
Escrow Bank shall have the meaning as set forth in Schedule 9;
Escrow Bank means as set forth in Article 20.1;
Escrow Bank shall have the meaning set forth in Clause 25.1.1;
Escrow Bank means Skandinaviska Enskilda Banken AB (publ).
Escrow Bank shall have the meaning set forth in Article 24;
Escrow Bank a depositary bank acceptable to the Administrative Agent at which the Borrower will maintain the Escrow Account.
Escrow Bank means The Bank of New York Mellon Trust Company, N.A. “Event of Default” means any of the events described in Section 8.01.