Funds Escrow Agent definition

Funds Escrow Agent means American Stock Transfer & Trust Company, the escrow agent identified in the Wire Instructions.
Sample 1Sample 2Sample 3
Funds Escrow Agent means SunTrust Bank, with offices located at 000 Xxxxxxxx Xxxxxx, Xxxxx, Xxxxxxx 00000.
Sample 1Sample 2
Funds Escrow Agent means such Person(s) identified in and executing the Escrow Agreement as “Escrow Agent” thereunder.
Sample 1Sample 2Sample 3

Examples of Funds Escrow Agent in a sentence

  • In the event of conflicting claims to any Escrow Funds, Escrow Agent may elect to interplead the monies in accordance with Section 3.6 of this Agreement.

  • Should any controversy arise among the parties hereto with respect to this Agreement or with respect to the right to receive the Escrow Funds, Escrow Agent shall have the right to consult counsel and/or to institute an appropriate interpleader action to determine the rights of the parties.

  • At such time that Escrow Agent pays to North South in accordance with the above terms the value of the Escrow Funds equal to the Purchase Price multiplied by the number of Membership Interests purchased after completion of the Minimum Offering, excluding interest and other income earned on such Escrow Funds, Escrow Agent shall deliver to each Subscriber the certificate representing the Membership Interests purchased by such Subscriber.

  • The purchase by and sale and delivery to you and Other Purchasers of the Units (the "Closing") shall take place at the offices of the Placement Agents or of the Funds Escrow Agent at such date and time, or at such other place, upon which the Company and the Placement Agents may agree (such date being hereinafter called the "Closing Date").

  • In the event of a dispute or conflicting demands, or instructions with respect to any portion of the Escrow Funds, Escrow Agent shall be entitled, at its own discretion, to interplead such amount to an appropriate court of law pending resolution of the dispute.

  • Upon receipt of any subscription agreement from an Investor together with Investor Funds, Escrow Agent will, within two (2) business days deliver such subscription agreement to the Placement Agent.

  • At such time that Escrow Agent pays to North South in accordance with the above terms the value of the Escrow Funds equal to the Purchase Price multiplied by the number of Membership Interests purchased in the Minimum Offering, excluding interest and other income earned on such Escrow Funds, Escrow Agent shall deliver to each Subscriber the certificate representing the Membership Interests purchased by such Subscriber.

  • At the time Escrow Agent disburses any of the Escrowed Funds, Escrow Agent shall have the right, but not the obligation, to off-set against the Escrowed Funds being disbursed any amounts due it under this Agreement, including, without limitation, any fees that are due and unpaid at the time of the disbursement.

  • Upon receipt of any subscription agreement from an Investor together with Investor Funds, Escrow Agent will, within two (2) business days deliver such subscription agreement to the Underwriter.

  • The Funds Escrow Agent shall promptly notify Seller when all funds have been deposited into the escrow account and will disburse such funds as provided in the Funds Escrow Agreement.


More Definitions of Funds Escrow Agent

Funds Escrow Agent means FMC.
Sample 1
Funds Escrow Agent means such Person(s) identified in and executing the Escrow Agreement as “Escrow Agent” thereunder or otherwise contemplated to serve as “Escrow Agent” under the Escrow Agreement.
Sample 1

Related to Funds Escrow Agent

  • Escrow Agent means the entity designated to serve as escrow agent under the Escrow Agreement.

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

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • 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.

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

  • Administrative Agent Account an account designated by the Administrative Agent from time to time.

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • 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.

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

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

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Escrow Cash is defined in Section 4.1(a).

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Escrowed Payment means an aggregate cash payment of up to $250,000;

  • 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.

  • Administrative Agent Fee shall have the meaning assigned to such term in Section 2.05(b).

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Escrow Paying Agent Means the Person acting as paying agent under the Escrow Agreement.

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

  • 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.

  • Escrow means any transaction in which any escrow property is delivered with or without transfer of legal or equitable title, or both, and irrespective of whether a debtor-creditor relationship is created, to a person not otherwise having any right, title or interest therein in connection with the sale, transfer, encumbrance or lease of real or personal property, to be delivered or redelivered by that person upon the contingent happening or non-happening of a specified event or performance or nonperformance of a prescribed act, when it is then to be delivered by such person to a grantee, grantor, promisee, promisor, obligee, obligor, bailee or bailor, or any designated agent or employee of any of them. Escrow includes subdivision trusts and account servicing.

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

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

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Administrative Agent Fees shall have the meaning assigned to such term in Section 2.05(b).