Escrow Default definition

Escrow Default shall have the meaning ascribed thereto in Clause 6.1;

Escrow Default shall have the meaning set forth in Schedule K;

Escrow Default shall have the meaning as set forth in Schedule-G;

Examples of Escrow Default in a sentence

• Upon occurrence of an Escrow Default, the consequences thereof shall be dealt with under and in accordance with the provisions of the Concession Agreement.

• The Parties agree that the purpose of executing and delivering the Transfer Documents to the Escrow Agent is to ensure that the Escrow Agent is in possession of all documents necessary to (a) transfer and assign the NDAs to Repligen, (b) enable Repligen to manufacture commercially and sell any forms of secretin covered by the NDAs, and (c) transfer to Repligen title to all pSecretin and hSecretin drug substance and drug product in CRC’s possession in the event of an Escrow Default.

• During any period, following the delivery of a notice of the occurrence of a Utility Escrow Default and until delivery of notice that the Utility Escrow Default is no longer continuing, the Default Escrow Bank shall provide statement of accounts to the Utility and the Supplier on a daily basis.

• The Escrow Agent shall deliver the Transfer Documents to Repligen on the eighth business day following the date on which the Escrow Agent has received written notice from Repligen (such notice to be provided simultaneously to CRC) that an Escrow Default has occurred, except that the the Escrow Agent shall deliver the Transfer Documents to Repligen on the fourth business day following written notice of an Escrow Default under Section D(4)(ii) of the Settlement Agreement.

• Upon the occurrence of any Escrow Default, the Authority shall be deemed to have a perpetual license to use, maintain and update the Source Code Materials as required in order to utilize the Authority's [software] under the terms specified in this Contract.

More Definitions of Escrow Default

Escrow Default shall have the meaning ascribed thereto in Article 6.1;

Escrow Default shall have the meaning set forth in Schedule VIII.

Escrow Default shall have the meaning as set forth in Schedule E; “Estimated Project Cost” shall be the cost estimated by the Authority for development of the Project and provided in the Request for Proposal;

Escrow Default shall have the meaning set forth in Schedule VIII; xlviii. “Financial Closure” means the date on which the Financing Documents with respect to the Financing Package for the Project have been executed and become effective and the Concessionaire has fulfilled all the conditions needed for draw down of Financing and the Concessionaire has immediate access to such Financing and which shall in any case be not later than 90 days from the Proposal Acceptance Date hereof, unless specifically extended.

Escrow Default shall have the meaning set forthin Article 33.1;

Escrow Default shall have the meaning as set forth in Schedule 13;

Escrow Default shall have the meaning set forth in Schedule-M; “Fee” shall have the meaning set forth in Clause 22.1;