Escrowed Funds. Has the meaning, with respect to any Trust, specified in Section 2.02(b).

Escrowed Funds has the meaning specified in Section 2.02(b).

Escrowed Funds has the meaning assigned to such term in the Escrow Agreement.

Examples of Escrowed Funds in a sentence

The Escrow Agent shall have no responsibility with respect to the use or application of the Escrowed Funds pursuant to the provisions hereof.
The Company shall provide the Escrow Agent with instructions from time to time concerning in which of the specific investment instruments described above the Escrowed Funds shall be invested, and the Escrow Agent shall adhere to such instructions.
The Escrow Agent shall distribute the Escrowed Funds in the amounts, at the times, and upon the conditions hereinafter set forth in this Agreement.
If no new agent is so appointed within the Notice Period, the Escrow Agent shall return the Escrowed Funds to the parties from which they were received without interest or deduction.
All of these fees are payable upon the release of the Escrowed Funds, and the Escrow Agent is hereby authorized to deduct such fees from the Escrowed Funds prior to any release thereof pursuant to Section 3 hereof.

More Definitions of Escrowed Funds

Escrowed Funds means the Escrowed Proceeds and the Earned Interest thereon at any given time;

Escrowed Funds has the meaning set forth in Section 3.1.

Escrowed Funds means an amount, in cash or Eligible Escrow Investments, not to exceed the sum of (a) the issue price of the New Senior Notes, plus (b) the Additional Escrow Amount, plus (c) so long as they are retained in the Escrow Account, any income, proceeds or products of the foregoing.

Escrowed Funds means the Proceeds, all interest or other income earned and any investments acquired from time to time with such funds;

Escrowed Funds. With respect to any Trust, has the meaning specified in Section 2.02(b).

Escrowed Funds has the meaning set forth in Section 5.4(e)(i).

Escrowed Funds means funds held in a SPAC escrow account, and must include at least 90% of the gross proceeds raised in the SPAC IPO or subsequent rights offering by a SPAC and at least 50% of the underwriters’ commission relating to the SPAC IPO.