Escrow Deposit Fund definition

Escrow Deposit Fund has the meaning set forth in Section 1.5.
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Escrow Deposit Fund means the fund so designated which is created and established by this Escrow Deposit Agreement.
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Escrow Deposit Fund means the fund created pursuant to Section 2.01 of this Agreement and shall include the 2009 Advance Refunding Account and the 2010A Advance Refunding Account.
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Examples of Escrow Deposit Fund in a sentence

  • The amount borrowed by the State of Rhode Island was deposited in an Escrow Deposit Fund (irrevocable trust) to be used to pay, redeem, or retire the State of Rhode Island’s General Obligation Bonds dated May 1, 1984.

  • The Student Activity Fund and the Escrow Deposit Fund are the Town’s two agency funds.

  • All investment income on and the maturing principal of the Escrow Securities held in the Escrow Deposit Fund will be irrevocably deposited by the City for payment of the Refunded Bonds.

  • The amount borrowed by the State of Rhode Island was deposited in an Escrow Deposit Fund (irrevocable trust) to be used to pay, redeem or retire the State of Rhode Island’s General Obligation Bonds dated May 1, 1984.These bonds were redeemed on May 1, 1989.

  • In all cases other than a termination of this Agreement by Seller as described in Section 10.5, which shall result in the payment of the Escrow Deposit Fund to Seller (or Seller’s designee) in accordance with Section 10.5 hereof, the Escrow Deposit Fund shall be released to Buyer upon a termination of this Agreement in accordance with its terms.

  • On the Closing Date, the Escrow Deposit Fund and any Earnings shall be disbursed to Seller and applied to the Purchase Price.

  • At the Closing, the Escrow Deposit Fund and all interest on, or other proceeds (the “Earnings”) of, the Escrow Deposit Fund shall be applied toward the Purchase Price.

  • Teachers shall be required to attend up to a maximum of three (3) activities beyond the school day that involve their students or parents of those students.

  • The Escrow Deposit Fund shall be released to Seller in accordance with Section 10.5 hereof and to Buyer in accordance with Section 10.6 hereof, if applicable.

  • Buyer and Granite shall jointly instruct the Escrow Agent to transfer the Escrow Deposit Fund (the “Indemnity Escrow Amount”) to fund the Indemnity Escrow.


More Definitions of Escrow Deposit Fund

Escrow Deposit Fund means the Escrow Deposit Fund so designated and established pursuant to Section 2.01 hereof.
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Escrow Deposit Fund means the fund created pursuant to Section 2.01 of this Agreement.
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Escrow Deposit Fund shall have the meaning set forth in Section 2.1(a).
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Related to Escrow Deposit Fund

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

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

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

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

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

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Escrow Cash is defined in Section 4.1(a).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Indemnity Escrow Amount means $3,000,000.

  • Expense Fund has the meaning set forth in Section 9.14(f).

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

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

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Escrow Agent means the entity designated to serve as escrow agent under the Escrow Agreement.

  • Escrow Deposit Agreement means the agreement provided for in Section 4.02(a) of this Resolution.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • 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.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

  • Special deposit claim means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.