Loan Escrow Account definition

Loan Escrow Account means the escrow account into which the Loan Escrowed Proceeds will be deposited pursuant to the Loan Escrow Agreement.
Sample 1Sample 2Sample 3
Loan Escrow Account means the bank account to be opened in the name of the Vendor and jointly controlled by the Vendor and Purchaser A for the purpose of holding the Loan Consideration;
Sample 1Sample 2
Loan Escrow Account means the bank account opened in the name of the Vendor and jointly controlled by the Vendor and Purchaser A for the purpose of holding the Loan Consideration;
Sample 1

Examples of Loan Escrow Account in a sentence

  • The Loan Deposit had already been paid and shall form part of the 20% of the first instalment of the Loan Consideration which Purchaser A shall pay into the Loan Escrow Account within five working days after the signing of the Loan Transfer Agreement.

  • These rules also exempt certain small servicers from parts of the Mortgage Servicing Rules.38 Mortgage Loan Escrow Account Administration In addition to the collection of mortgage loan payments for P&I, the bank may also be responsible for the collection and payment of periodic real estate property taxes and hazard and flood insurance premiums, as applicable.

  • Purchaser A shall pay the Loan Deposit in the amount of RMB65,000,000 into the Loan Escrow Account within five working days after the signing of the LFA.

  • The Developer shall cooperate with the City in the City’s preparation of such borrowing request forms and draw request documents as the TIF Lender may require under the TIF Loan Agreement in order to permit the City to draw down the proceeds of the TIF Loan under the TIF Loan Agreement for deposit into the Construction Loan Escrow Account.

  • The LFA – (f) Payment schedule of the Loan Consideration” below, the release of the balance of the monies in the Equity Escrow Account and the Loan Escrow Account will occur concurrently.

  • The holders of the 2005B Bonds shall have an express first lien on the funds in the Refunded Loan Escrow Account until such funds are used and applied as provided in this Agreement.

  • After making the payments from the Refunded Loan Escrow Account described in Subsection 4(i) above, the Escrow Agent shall retain in the Refunded Loan Escrow Account any remaining cash in the Refunded Loan Escrow Account in excess of the Refunded Loan Escrow Requirement until the termination of this Agreement, and shall then pay any remaining funds to the Issuer.

  • On or before the Closing Date, Borrower shall liquidate any and all cash equivalents held in any Real Estate Loan Escrow Account and the cash generated thereby shall be delivered into Escrow pursuant to the terms of this Agreement.

  • On or before the Effective Date, Borrower shall liquidate any and all cash equivalents held in any Real Estate Loan Escrow Account and the cash generated thereby shall be delivered into Escrow pursuant to the terms of this Agreement.

  • In addition to that, The HI versus OI plot can assist in identifying the three basic kerogen types (i.e. Type I “highly oil prone”, Type II “oil prone” and Type III “gas prone”) of Tissot and Welte (1984) as shown in Fig.


More Definitions of Loan Escrow Account

Loan Escrow Account means the bank account opened in the name of the Vendor
Sample 1

Related to Loan Escrow Account

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

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

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

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

  • 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.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Interest Reserve Account As defined in Section 3.4(d).

  • 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.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Reserve Funds means, collectively, the Tax and Insurance Escrow Fund, the Replacement Reserve Fund, the Required Repair Fund, the Initial Renovation Reserve Fund, the Interest Reserve Fund, the General Reserve Fund, any funds on deposit in the Construction Loan Reserve Account, any Shortfall Funds and any other escrow fund established pursuant to the Loan Documents.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Disbursement Account means an account established and owned by Company and held at the Disbursement Institution against which wire transfers and ACH transfers are settled for payment of Loan Proceeds to Borrowers.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.