Escrow Obligations means (a) Government Obligations, (b) certificates of deposit issued by a bank or trust company which are (1) fully insured by the Federal Deposit Insurance Corporation or similar corporation chartered by the United States or (2) secured by a pledge of any Government Obligations having an aggregate market value, exclusive of accrued interest, equal at least to the principal amount of the certificates so secured, which security is held in a custody account by a custodian satisfactory to the Registrar or the Registrar, as the case may be, or (c)(1) evidences of a direct ownership in future interest or principal on Government Obligations, which Government Obligations are held in a custody account by a custodian satisfactory to the Registrar pursuant to the terms of a custody agreement in form and substance acceptable to the Registrar and (2) obligations issued by any state of the United States or any political subdivision, public instrumentality or public authority of any state, which obligations are fully secured by and payable solely from Government Obligations, which Government Obligations are held pursuant to an agreement in form and substance acceptable to the Registrar and, in any such case, maturing as to principal and interest in such amounts and at such times as will insure the availability of sufficient money to make the payment secured thereby.
Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.
Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).
Indemnity Escrow Account has the meaning set forth in Section 2.3(c).
Escrowed Payment means an aggregate cash payment of up to $250,000;
Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).
Deposit Escrow Agreement has the meaning set forth in Section 2.2.
Escrow Deposit has the meaning set forth in Section 3.3.
Escrow Cash is defined in Section 4.1(a).
Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.
Working Capital Escrow Amount means $500,000.
Escrow Property has the meaning set forth in the Escrow Agreement.
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.
Indemnity Escrow Agreement has the meaning set forth in Section 1.5.
Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).
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 Fund means the escrow fund established pursuant to the Escrow Agreement.
Indemnity Escrow Amount means $5,000,000.
Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).
Escrowed Property has the meaning set forth in the Escrow Agreement.
Escrow Amount has the meaning set forth in Section 2.1(c).
Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];
Escrowed Proceeds shall include any interest earned on the amounts held in escrow.
Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.
L/C Cash Collateral Account means any Cash Collateral Account (a) specifically designated as such by the Borrower in a notice to the Administrative Agent and (b) from and after the effectiveness of such notice, not containing any funds other than those required under the Loan Documents to be placed therein.
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.