Escrowed Assets definition

Escrowed Assets means the Escrowed Cash, the Escrowed Shares and any other assets as may from time to time be deposited with the Escrow Agent in accordance with this Agreement and the Escrow Agreement, including any dividends or distributions on the Escrowed Shares.
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Escrowed Assets shall have the meaning specified in the Master Letter Agreement. ​
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Escrowed Assets means each of the Individual Properties listed on Exhibit D attached hereto.
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Examples of Escrowed Assets in a sentence

  • Escrow Agent shall be responsible for holding, investing and disbursing the Escrowed Assets pursuant to the Escrow Agreement, but in no event shall be liable for any exemplary or consequential damages in excess of Escrow Agent's fee hereunder.

  • Escrow Agent shall be responsible for holding, investing and disbursing the Escrowed Assets pursuant to the Escrow Agreement, but in no event shall be liable for any exemplary or consequential damages in excess of Escrow Agent’s fee hereunder.

  • Acceptance of the Escrowed Assets shall be communicated by Escrow Agent to parties in writing as soon as practicable after receipt, and any discrepancies shall be noted to Escrow Agent by the parties in writing within forty five (45) days of receiving such communication.

  • Should any controversy arise between the undersigned with respect to this Escrow Agreement or with respect to the right to receive the Escrowed Assets, Escrow Agent shall have the right to consult counsel and/or to institute a bill of interpleader in any court of competent jurisdiction to determine the rights of the parties.

  • Failure to note any discrepancies shall be deemed confirmation of the description of Escrowed Assets listed on the report regardless of any variations from the original schedule.

  • The Escrow Agent’s sole responsibility until such termination shall be to keep safely all Escrowed Assets and to deliver the same to a person designated by the parties executing this Escrow Agreement or in accordance with the directions of a final order or judgment of a court of competent jurisdiction.

  • Escrow Agent is hereby given a lien on all Escrowed Assets for all fees, expenses and indemnification payments that may become owing to Escrow Agent hereunder, which lien may be enforced by Escrow Agent by setoff or appropriate foreclosure proceedings.

  • Unless otherwise provided herein, the Escrow Agent shall accept, hold and distribute the Escrowed Assets pursuant to this Escrow Agreement.

  • Escrow Agent shall be responsible for holding, investing and disbursing the Escrowed Assets pursuant to the Agreement, but in no event shall be liable for any exemplary or consequential damages in excess of Escrow Agent's fee hereunder.

  • The Escrow Agent may, but shall be under no duty whatsoever to, institute or defend any legal proceedings which relate to the Escrowed Assets.


More Definitions of Escrowed Assets

Escrowed Assets has the meaning set forth in Section 8.4(i).
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Escrowed Assets has the meaning given to it in Article 3.1.
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Escrowed Assets means the Purchased Assets set forth on Schedule 1.1(y) hereof.
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Escrowed Assets means a pro rata allocation of each asset held in the Appendix-B Account resulting from the Escrowed Amount divided by the aggregate Statutory Carrying Value of the assets held in the Appendix-B Account as of such date.
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Escrowed Assets means (i) the Deposited Shares (together with any cash exchanged for any portion of the Deposited Shares pursuant to Section 4 of this Agreement) and related stock power, (ii) the Letters of Credit, (iii) any interest, dividends or other distributions on or proceeds from any of the foregoing or from any investment under this Agreement, and (iv) any securities in which any item described in clause (iii) may be invested.
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Escrowed Assets is defined in Section 8.6(b).
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Related to Escrowed Assets

  • Escrowed Proceeds means the proceeds from the offering of any debt securities or other Indebtedness paid into an escrow account with an independent escrow agent on the date of the applicable offering or Incurrence pursuant to escrow arrangements that permit the release of amounts on deposit in such escrow account upon satisfaction of certain conditions or the occurrence of certain events. The term “Escrowed Proceeds” shall include any interest earned on the amounts held in escrow.

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

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Transferred Assets has the meaning set forth in Section 2.1.

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

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.