Initial Escrow Agent definition

Initial Escrow Agent means the New York branch of Citibank, N.A., which will maintain the Initial Escrow Account pursuant to the terms of the Initial Escrow Agreement.
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Initial Escrow Agent means Media Venture Partners.
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Initial Escrow Agent means Media Services Group, Inc..
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Examples of Initial Escrow Agent in a sentence

  • The Initial Escrow Deposit shall be held in an interest-bearing account and disbursed by Initial Escrow Agent pursuant to the terms of an escrow agreement in the form attached hereto as Exhibit 1 (the "Initial Escrow Agreement"), which Initial Escrow Agreement has been entered into by Seller, Buyer and Initial Escrow Agent simultaneously herewith.

  • At any time subsequent to the funding of the Initial Escrow Account and the preliminary approval of the Settlement by the Court, and subject to Xx. Xxxxx’x having obtained the approval of the RBI, without further order of the Court, the Initial Escrow Agent shall, upon request from Lead Counsel, pay up to $400,000 from the Initial Escrow Account to pay the Notice and Administration Expenses actually incurred.

  • Notice of the Special Mandatory Redemption will be mailed promptly to each Holder, the Trustee and to the Initial Escrow Agent.

  • Simultaneously with the execution and delivery ---------------------- of this Agreement by both parties, Buyer has deposited with Media Venture Partners ("Initial Escrow Agent"), a cash deposit of Two Hundred Thousand Dollars ($200,000) (the "Initial Escrow Deposit").

  • Simultaneous with the execution of this Agreement, ---------------------- Buyer shall deposit with Wilmington Trust Company ("Initial Escrow Agent"), a cash deposit of Five Hundred Thousand Dollars ($500,000) (the "Initial Cash Escrow Deposit").

  • The Initial Cash Escrow Deposit shall be held in an interest- bearing account with a federally insured financial institution and the Initial Cash Escrow Deposit shall be disbursed by Initial Escrow Agent pursuant to the terms of an escrow agreement in the form attached hereto as Exhibit 1 (the "Initial Escrow Agreement"), which Initial Escrow Agreement has been entered into by Company, Shareholder, Buyer and Initial Escrow Agent simultaneously herewith.

  • Buyer has deposited the sum of One Hundred Fifty Thousand Dollars ($150,000) as an xxxxxxx money deposit (the "Deposit") with U.S. Bank Trust, N.A., of Lincoln, Nebraska, (the " Initial Escrow Agent") pursuant to the terms of an Escrow Agreement dated May 12, 1999.

  • The fees, if any, of the Initial Escrow Agent shall be borne equally between Company on the one hand, and Buyer on the other hand.

  • Upon the receipt of funds pursuant to Section 1(b) of the Interest Escrow Agreement, such funds will be held by the Initial Escrow Agent pursuant to the terms of this Agreement.

  • The Initial Escrow Agent hereby delivers to the Interest Escrow Agent by deposit into the Interest Escrow Account, in accordance with your instructions, by wire transfer, in immediately available funds, $63,114,583.33, constituting the Interest Escrow Amount (as defined in the Initial Escrow Agreement).


More Definitions of Initial Escrow Agent

Initial Escrow Agent means the Wilmington Trust Company.
Sample 1
Initial Escrow Agent means Wilmington Trust Company, as escrow agent and securities intermediary under the Initial Escrow Agreement.
Sample 1

Related to Initial Escrow Agent

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

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

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

  • 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.

  • 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.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

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

  • 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.

  • 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 hereof.

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

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

  • 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).

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

  • Escrow End Date has the meaning specified in the Escrow Agreement.

  • 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.

  • Professional Fee Escrow means a non-interest-bearing escrow account established and funded pursuant to Article II.C.3.

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

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

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

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

  • Adjustment Escrow Amount means $1,000,000.

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

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.