Escrow Requirement definition

Escrow Requirement means, as of any date of calculation, the sum of an amount in cash and principal amount of Escrow Investments in the Escrow Account which, together with the interest due on the Escrow Investments, will be sufficient to pay, as the installments thereof become due, the Aggregate Debt Service.

Escrow Requirement means the portion of the sale proceeds of the Bonds deposited in the Escrow Fund to be invested and used to refund the Refunded Bonds as provided in the Escrow Agreement.

Escrow Requirement means, as of any date of calculation, the sum of an amount in cash and principal amount of Investment Obligations in the Escrow Fund which together with the interest to become due on the Investment Obligations will be sufficient to pay the Total Debt Service on the Refunded Bonds in accordance with Schedule A.

Examples of Escrow Requirement in a sentence

• Escrow Requirement for Residential Loans: Federal law may require a lender or its servicer to escrow all premiums and fees for flood insurance that covers any residential building or mobile home securing a loan that is located in an area with special flood hazards.

• Borrower shall execute an Escrow Agreement substantially in the form annexed hereto as EXHIBIT "F" and deposit with the Escrow Agent the GDB Escrow Requirement, as defined below, for each Fiscal Year of the Borrower commencing with the Fiscal Year beginning April 1st, 1993.

• Kon et al., 2007 exposed seeds of long bean (Vigna sesquipedalis) to different doses of gamma rays (300, 400, 500, 600 and 800Gy).

• The deposit of moneys for the Escrow Requirement and Escrowed Securities in the Escrow Deposit Trust Fund shall constitute an irrevocable deposit of such moneys and Escrowed Securities for the benefit of the holders of the Refunded 2006 Bank Bonds, except as provided herein with respect to amendments permitted under Section 4.01 hereof.

• The Escrow Agent shall purchase the Escrowed Securities solely from the Escrow Requirement moneys deposited in the Escrow Fund.

More Definitions of Escrow Requirement

Escrow Requirement has the meaning assigned to that term in Section 2.8;

Escrow Requirement has the meaning assigned to that term in Section 2.6; “Escrow Securities” has the meaning assigned to that term in Section 2.5; “Exchange” or “CSE” means the Canadian Securities Exchange;

Escrow Requirement has the meaning assigned to that term in Section 2.8; (qq) “Escrow Shares” has the meaning assigned to that term in Section 2.8;

Escrow Requirement has the meaning assigned to that term in Section 2.4; (jj) “Escrow Shares” has the meaning assigned to that term in Section 2.4;

Escrow Requirement means, as of any date of calculation, the sum of the principal amount of the Defeasance Obligations in the Escrow Account which will be sufficient to pay the Debt Service when due.

Escrow Requirement means, as of any date of calculation, the amount necessary to pay, as it becomes due, at maturity or upon prior redemption, the Aggregate Debt Service.

Escrow Requirement means any provision of a Software license or other agreement between a Seller party and a licensee of the Software, that either (a) imposes an absolute or contingent requirement upon the Company to establish an Escrow Agreement for the benefit of the licensee, or (b) imposes an absolute or contingent requirement upon the Company to release or deliver Source Code for any of the Software directly to the licensee.