Expense Escrow Agent definition

Expense Escrow Agent is defined in Section 1.13(f).
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Expense Escrow Agent shall have the meaning defined in Section 2.9(b).
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Expense Escrow Agent means Xxxxx Fargo Bank, National Association, or its successor under the Expense Escrow Agreement.
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Examples of Expense Escrow Agent in a sentence

  • In the event that the Business Combination has not been consummated by the later of (a) the third Automatic Extension or (b) the Additional Extension, as applicable, then promptly (but in any event within three Business Days) thereafter, Maker will use any remaining funds in escrow with the Expense Escrow Agent to prepay the balance of this Note.

  • At the Effective Time, Purchaser shall also deposit the Escrow Amount with the Escrow Agent and the Shareholders Expense Escrow Amount with the Shareholders Expense Escrow Agent.

  • One hundred percent (100%) of the fees and expenses of the Expense Escrow Agent with respect to the Expense Escrow Agreement shall be paid out of the Expense Escrow Fund.

  • The Expense Escrow Agent shall make disbursements from the Expense Escrow Fund solely in accordance with the instructions of the Member Representative.

  • At or before the Effective Time, the Parent shall deposit $200,000 (the “Expense Escrow Amount”) into a separate escrow account (the “Expense Escrow Fund”) to be governed by the terms of the Expense Escrow Agreement entered into by the Representative and the Expense Escrow Agent.

  • The Expense Escrow Agent shall disburse any remaining balance (including earnings thereon) in the Expense Escrow Fund to the Paying Agent, on behalf of and for the benefit of the Expense Escrow Beneficiaries, at such time or times as may be determined by the Member Representative following the earlier of (i) the fifth anniversary of the Closing Date and (ii) the completion of the Member Representatives; obligations under the Transaction Documents.

  • Such Expense Escrow Account shall be governed by an escrow agreement to be executed by the Expense Escrow Agent and the Stockholder Representative (the “Expense Escrow Agreement”).

  • Payment of the Automatic Extension Funding Expenses and/or Additional Extension Funding Expenses shall be disbursed to the Trust Account by the Expense Escrow Agent from escrow upon written direction from KBL solely for the purposes of increasing the redemption amount payable to the Public Stockholders.


More Definitions of Expense Escrow Agent

Expense Escrow Agent means the Escrow Agent acting under the Expense Escrow Agreement.
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Expense Escrow Agent has the meaning set forth in the recitals to this Agreement.
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Related to Expense Escrow Agent

  • The Escrow Agent s responsibilities as escrow agent hereunder shall terminate if the Escrow Agent shall resign by written notice to the Company and the Purchaser. In the event of any such resignation, the Purchaser and the Company shall appoint a successor Escrow Agent.

  • Escrow Agent has the meaning set forth in Section 2.3.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C of the Plan.

  • Professional Fee Escrow means an escrow account established and funded pursuant to section 2.6 of the Plan.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Indemnity Escrow Amount means $3,000,000.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Indemnification Escrow Fund means the Indemnification Escrow Amount deposited into escrow pursuant to the Escrow Agreement, together with any interest and income earned thereon.

  • Escrow Bank has the meaning specified in Section 2.15(c).

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

  • Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow Property has the meaning set forth in the Escrow Agreement.

  • Escrow End Date has the meaning set forth in the Escrow Agreement.

  • Adjustment Escrow Funds means the amounts held in the Adjustment Escrow Account, including any dividends, interest, distributions and other income received in respect thereof, less any losses on investments thereof, less distributions thereof in accordance with this Agreement and the Escrow Agreement.

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

  • Disbursement Agent means Deutsche Bank National Trust Company, a national banking association, and its successors in interest, as disbursement agent under the Custodial and Disbursement Agreement, and any successor Disbursement Agent under the Custodial and Disbursement Agreement.