Escrow Funds definition

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

Escrow Funds means the funds deposited with NCPS pursuant to this Escrow Agreement.

Escrow Funds means the funds deposited with Escrow Agent pursuant to Section 3 of this Agreement, together with any interest and other income thereon.

Examples of Escrow Funds in a sentence

• No financing statement under the Uniform Commercial Code is on file in any jurisdiction claiming a security interest in or describing (whether specifically or generally) the Escrow Funds or any part thereof.

• This Agreement constitutes the entire Agreement between the parties relating to the holding, investment, and disbursement of the Escrow Funds and sets forth in their entirety the obligations and duties of the Escrow Agent with respect to the Escrow Funds.

• Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 3 below, agrees to hold, invest and disburse the Escrow Funds in accordance with this Agreement.

• Escrow Agent shall have no liability or obligation with respect to the Escrow Funds except for Escrow Agent's willful misconduct or gross negligence.

• Escrow Agent's sole responsibility shall be for the safekeeping, investment, and disbursement of the Escrow Funds in accordance with the terms of this Agreement.

More Definitions of Escrow Funds

Escrow Funds shall have the meaning set forth in Section 8.9.

Escrow Funds has the meaning set forth in Section 2.1(a).

Escrow Funds. All funds collected with respect to a Mortgage Loan by the Servicer to cover related Escrow Items according to the provisions of this Agreement.

Escrow Funds means the Purchase Price delivered to the Escrow Agent as contemplated by Sections 1(c) and (d) hereof.

Escrow Funds means the Escrow Deposit plus all interest, and interest earned on interest, on the Escrow Deposit.

Escrow Funds means the amount of cash held from time to time by the Escrow Agent pursuant to the Escrow Agreement.

Escrow Funds has the meaning attributed to it in Section 10.6.