Escrow Bank definition
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 means a bank that is authorised by the RBI, to operate an Escrow Account / Nodal Account under Payment Aggregation Guidelines.
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 Lenders (if any) through the Lenders’ Representative, which shall be substantially in the form set forth in Schedule-L.
More Definitions of Escrow Bank
Escrow Bank shall have the meaning set forth in Clause 13.1.1; "Escrow Default" shall have the meaning set forth in Schedule-E;
Escrow Bank shall have the meaning as set forth in Schedule 9;
Escrow Bank means Skandinaviska Enskilda Banken AB (publ).
Escrow Bank means Danske Bank A/S, Danmark, Filial Sverige.
Escrow Bank means as set forth in Article 20.1;
Escrow Bank shall have meaning set forth in Clause 26.1.1
Escrow Bank means Swedbank AB (publ).