Funds Escrow Agent definition

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

  • 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 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.

  • 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").

  • 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.

  • 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.

  • If you are allocated less than the full amount of the Units subscribed for by you and the full amount of the Units subscribed for has been timely paid in full by you, the Company shall instruct the Funds Escrow Agent to remit the overpayment of the amount paid, without interest or deduction, to you within fifteen days after such partial acceptance of this Purchase Agreement.

  • Upon the release of all of the Escrowed Funds, Escrow Agent shall be released and forever discharged of any liabilities and duties hereunder.

  • Funds Escrow Agent shall hold and disburse the Escrowed Funds under the terms of this Escrow Agreement and shall from time to time invest and reinvest any cash assets held in escrow in the cash investment account of Funds Escrow Agent.

  • Upon receipt of any portion of the Escrow Funds, Escrow Agent shall acknowledge the receipt and deposit of each subject portion to the Parties and counsel identified in Section 17(a) of the Settlement Agreement, and Section 14 of this Escrow Agreement.


More Definitions of Funds Escrow Agent

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.
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Funds Escrow Agent means FMC.
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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 has the meaning set forth in the Escrow Agreement.

  • 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 3.3.

  • 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 has the meaning set forth in Section 2.3(c).

  • 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 has the meaning set forth in Section 2.4(a)(i).

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

  • Administrative Agent’s Account means an account at a bank designated by the Administrative Agent from time to time as the account into which the Borrower shall make all payments to the Administrative Agent for the benefit of the Agents and the Lenders under this Agreement and the other Loan Documents.

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

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

  • Administrative Agent Fee has the meaning specified in the Administrative Agent Fee Letter.

  • 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).