Escrow Contract definition

Escrow Contract means the contract to be entered into by and between the District and the Escrow Holder pursuant to Section 9 hereof.
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Escrow Contract means the contract entered into between the parties to the contract and the escrow agent under which the escrow agent agrees to monitor the performance of obligations as agreed by the parties to the contract;
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Escrow Contract means, with respect to the Refunding Bonds, if applicable, the contract to be entered into by and between the County and the Escrow Holder pursuant to Section 10 hereof.
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Examples of Escrow Contract in a sentence

  • Such notice of redemption shall be in substantially the form attached to the Escrow Contract.

  • The Escrow Contract shall be irrevocable and shall constitute a covenant with the holders of the Refunding Bonds.

  • Neither this resolution, the Escrow Contract, nor any other instrument relating to such pledges and liens, need be filed or recorded.

  • Any such moneys remaining in the custody of the Escrow Holder after the full execution of the provisions of the Escrow Contract shall be returned to the District and shall be applied by the District only to the payment of the principal of or interest on the Refunding Bonds then outstanding.

  • The proceeds, inclusive of any premium, from the sale of the Refunding Bonds, immediately upon receipt, shall be placed in escrow by the District with the Escrow Holder in accordance with the Escrow Contract.

  • Contractor shall deliver a Source Code Escrow Package to the Escrow Agent, pursuant to the Escrow Contract, which shall be entered into on commercially reasonable terms subject to the provisions of this Contract within thirty (30) days of the execution of this Contract.

  • If at anytime during the term of this Contract, the Contractor provides a maintenance release or upgrade version of the Licensed Software, Contractor shall within ten (10) days deposit with the Escrow Agent, in accordance with the Escrow Contract, a Source Code Escrow Package for the maintenance release or upgrade version, and provide the State with notice of the delivery.

  • Neither this resolution, the Escrow Contract, nor any other instrument relating to such pledge and lien, need be filed or recorded.

  • The Escrow Contract shall be irrevocable and shall constitute a covenant with the owners of the Refunding Bonds.

  • In addition, the Escrow Contract may include a forward supply or purchase contract or agreement as part thereof or as a separate agreement for the provision of acquiring obligations of the United States of America or unconditionally guaranteed by the United States of America or other obligations or instruments qualified under Section 90.10 of the Local Finance Law or may be necessary for the completion of the Refunding Financial Plan.


More Definitions of Escrow Contract

Escrow Contract means the contract to be entered into by and between the County
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Escrow Contract means the contract, if any, to be entered into by and between the Town and the Escrow Holder pursuant to Section 10 hereof.
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Escrow Contract means, with respect to each Respective Series of Refunding Bonds, the contract to be entered into by and between the County and the Escrow Holder pursuant to Section 10 hereof.
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Related to Escrow Contract

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Escrow means any transaction in which any escrow property is delivered with or without transfer of legal or equitable title, or both, and irrespective of whether a debtor-creditor relationship is created, to a person not otherwise having any right, title or interest therein in connection with the sale, transfer, encumbrance or lease of real or personal property, to be delivered or redelivered by that person upon the contingent happening or non-happening of a specified event or performance or nonperformance of a prescribed act, when it is then to be delivered by such person to a grantee, grantor, promisee, promisor, obligee, obligor, bailee or bailor, or any designated agent or employee of any of them. Escrow includes subdivision trusts and account servicing.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Indemnity Escrow Amount means $5,000,000.

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

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • 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.

  • Escrow Agent has the meaning set forth in Section 2.1(c).

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.