Escrow Deposit Account definition
Escrow Deposit Account has the meaning set forth in Exhibit H.
Escrow Deposit Account shall have the meaning given in Section 6(f)(i)
Escrow Deposit Account means an account established pursuant to an agreement between the Borrower and the Administrative Agent with mutually acceptable terms to be opened by the Borrower prior to the Escrow Deposit Date in which the Advances made pursuant to a Borrowing Notice shall be held in escrow until the satisfaction of the conditions of Section 4.03.
Examples of Escrow Deposit Account in a sentence
The obligation of the Administrative Agent to release amounts on deposit in the Escrow Deposit Account to the Borrower or to fund the Advances to the Borrower in accordance with Section 2.01(a) is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent.