Escrowed Interest definition

Escrowed Interest means amounts irrevocably deposited in escrow in accordance with the requirements of Section 11-27-3, Utah Code, in connection with the issuance of refunding bonds or Cross-over Refunding Bonds secured by such amounts or earnings on such amounts which are required to be applied to pay interest on such Cross-over Refunding Bonds or the related Cross-over Refunded Bonds.

Escrowed Interest means amounts irrevocably deposited in escrow in accordance with the requirements of Section 11-27-3, Utah Code, in connection with the issuance of refunding bonds or Cross-over Refunding Bonds secured by such amounts or earnings on such amounts

Escrowed Interest means amounts (but not including any interest earnings thereon, except as otherwise provided in the Loan Agreement) deposited in escrow in connection with the issuance of Long-Term Indebtedness and either held as cash or invested in noncallable Government Obligations to pay interest on such Long-Term Indebtedness (but shall not include capitalized or borrowed interest).

Examples of Escrowed Interest in a sentence

• The reason for this partial and fragmented knowledge of the Villa can be traced to the nature of old excavations and studies, often limited to an antiquarian and humanistic perspective: most of them dealt with just one single building, without taking into consideration the Villa as a whole.

• If, after the full payment of interest on any Debentures outstanding as at the second Escrowed Interest Payment Date, the Trustee holds all or any portion of the Escrowed Funds, the Trustee shall promptly release from escrow and deliver to the Company the Escrowed Funds (and any interest accrued thereon).

• A clear example of this is Coursera (http://coursera.org) a«provider» of MOOCs that three years ago had two courses in their portfolio and now offers more than 530 which largely obey the logic proposed by Horton (2006) called WAVWAVWAVAAQ: Watch a Video Watch a Video Watch a Video AND Attempt a Quiz.

• If any Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the then outstanding Notes may declare all the Notes and any remaining Escrowed Interest to be due and payable.

• The release of any Escrow Funds or Pledged Securities from the Escrowed Interest Account pursuant to the Escrow Agreement will not be deemed to impair the security under this Indenture in contravention of the provisions hereof if and to the extent the Escrow Funds or Pledged Securities are released pursuant to this Indenture, including, without limitation, this Article Ten, the Escrow Agreement and the other Collateral Agreements.

More Definitions of Escrowed Interest

Escrowed Interest means amounts irrevocably deposited in escrow or earnings on such amounts which are required to be applied to pay interest on particular Bonds.

Escrowed Interest means cash equal the amount sufficient for the Company to fully pay the initial four interest payments on the Notes, with the first such interest payment date being February 15, 2006, which the Company shall have deposited into the escrow account under the Escrow Agreement on the date of this Indenture.

Escrowed Interest means amounts deposited in escrow in connection with the issuance of Funded Indebtedness or Bonds to pay interest on such Funded Indebtedness or Bonds.

Escrowed Interest means amounts irrevocably deposited in escrow in accordance with the requirements of Section 11–27–3 of the Utah Code and earnings on such amounts that are required to be applied to pay interest on Bonds.

Escrowed Interest means earnings on amounts irrevocably deposited in escrow in accordance with the requirements of Section 11-27-3, Utah Code Annotated 1953, as amended, in connection with the issuance of Cross-over Refunding Bonds, which earnings are required to be applied to pay interest on such Cross-over Refunding Bonds to and including the Cross-over Date.

Escrowed Interest has the meaning given in Section 2.4.

Escrowed Interest means the Nevada Group’s right, title and interest in and to its Partnership Interest in the Joint Venture deposited with the Escrow Agent, including all Deposits and Permitted Investments.