Escrow Termination Notice definition

Escrow Termination Notice has the meaning set forth in the Escrow Agreement.
Escrow Termination Notice shall have the meaning set forth in the Escrow Agreement.
Escrow Termination Notice means a notice in the form of Exhibit C hereto signed by an Officer of the Company.

Examples of Escrow Termination Notice in a sentence

  • The portion of the total Purchase Price applicable to the Contingent Shares shall be refunded to each Purchaser as provided in the Escrow Agreement in the event the Company delivers a Notice of Non-Qualification, a Notice of Higher Bid, a Failure to Bid Notice, a Delay Notice or an Escrow Termination Notice (each as defined in the Escrow Agreement).

  • In connection with any redemption of the Notes pursuant to this clause 6(a)(v), the Issuer will cause an Escrow Redemption Notice to be delivered to all Holders promptly following the date of the Escrow Termination Notice.

  • In connection with any redemption of the Notes pursuant to this Section 3.10(e), the Issuer will cause an Escrow Redemption Notice to be delivered to all Holders promptly following the date of the Escrow Termination Notice.

  • The Trustee shall pay to the Issuer any Escrowed Property remaining after redemption of the Notes and payment of fees and expenses (including its reasonable legal fees and expenses) In connection with any redemption of the Notes pursuant to this clause 7(a)(iv), the Issuer will cause an Escrow Redemption Notice to be delivered to all Holders promptly following the date of the Escrow Termination Notice.

  • In connection with any redemption of the Notes pursuant to this Section 3.09(d), the Issuer will cause an Escrow Redemption Notice to be delivered to all Holders promptly following the date of the Escrow Termination Notice.

  • In connection with the Release Request delivered pursuant to Section 3(a) hereof or the Escrow Termination Notice delivered pursuant to Section 3(b), the Escrow Agent shall confirm the funds transfer instruction received in the name of the Company by means of the security procedure selected by the Company and communicated to the Escrow Agent through a signed certificate substantially in the form of Annex III attached hereto, which upon receipt by the Escrow Agent shall become a part of this Agreement.

  • The Escrow Agent shall, upon receipt of Escrow Termination Notice (as defined in the Escrow Agreement) from the Issuer, without the requirement of any other notice to or action by the Issuer, the Trustee or any other Person, release the Escrow Property to the Trustee.


More Definitions of Escrow Termination Notice

Escrow Termination Notice has the meaning assigned thereto in the Escrow Agreement.
Escrow Termination Notice has the meaning set forth in Section 3(b).

Related to Escrow Termination Notice

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Servicer Termination Notice Defined in Section 6.15.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Backup Servicer Termination Notice has the meaning given to such term in Section 8.04.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Agreement Termination Date is defined in Section 7.4.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Termination Letter has the meaning specified in Section 2.17(b).

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Special Servicer Termination Event shall have the meaning given to such term in the Lead Securitization Servicing Agreement.

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Reverse Termination Fee shall have the meaning set forth in Section 9.2(b).

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.