Loan Escrow Agent definition

Loan Escrow Agent means Xxxxxxx Xxxxx Bank USA as escrow agent under the Loan Escrow Agreement.
Loan Escrow Agent means the escrow agent under the Loan Escrow Agreement.

Examples of Loan Escrow Agent in a sentence

  • In connection with clause (A) above, the Loan Escrow Agent will maintain continuous possession in the State of New York of certificated U.S. Government Securities and cash included in the Collateral and will cause uncertificated U.S. Government Securities, if any, to be registered in the book-entry system of, and transferred to an account of the Loan Escrow Agent or a sub-agent of the Loan Escrow Agent at, the Federal Reserve Bank of New York.

  • The Loan Escrow Agent will not agree with any third party that the Loan Escrow Agent will comply with orders concerning the Account originated by such third party without the prior written consent of the Term Loan Collateral Agent and the Company.

  • In connection with clause (E) above, and subject to the following sentence and except as otherwise provided in Section 10, the Loan Escrow Agent shall not be required to reduce to cash any U.S. Government Securities to fund any disbursement or payment in accordance with Section 1(a)(A) or Section 10 in the absence of written instructions signed by an officer of the Company specifying the particular investment to liquidate.

  • Each Lender hereby authorizes the Term Loan Collateral Agent to enter into the Loan Escrow Agreement with the Loan Escrow Agent, Administrative Agent and the Company substantially on the terms and conditions set forth therein.

  • Except for this Agreement, the Loan Escrow Agent, in its capacity as such, is not a party to, or bound by, any agreement that may be required under, evidenced by, or arise out of the Credit Agreement.

  • Except as provided in Section 6, the Loan Escrow Agent shall have no other responsibilities with respect to perfecting or maintaining the perfection of the Loan Escrow Agent's security interest in the Collateral and shall not be required to file any instrument, document or notice in any public office at any time or times.

  • The Loan Escrow Agent shall hold ----------------------------- all amounts in the Account in escrow pursuant to this Agreement until authorized hereunder to deliver any or all of such amounts to the Company or to the Administrative Agent in accordance with the requirements of Section 1(a)(A) or Section 10 hereof or to the Term Loan Collateral Agent in accordance with Section 6 hereof.

  • The Seller shall have delivered the PPP Loan Escrow Agreement, as executed by the Company, the PPP Lender and the PPP Loan Escrow Agent.

  • No investment of funds in -------------------------------- the Account shall be made unless the Company has certified to the Loan Escrow Agent and the Term Loan Collateral Agent that, upon such investment, the Term Loan Collateral Agent will have a first priority perfected security interest in the applicable investment for the benefit of the Term Loan Secured Parties.

  • Xxxx Title: Vice President and Assistant Secretary XXXXXXX XXXXX CREDIT PARTNERS L.P. as Term Loan Collateral Agent By: /s/ Xxxxxx Xxxxxx ---------------------------------- Name: Xxxxxx Xxxxxx Title: Authorized Signatory WILMINGTON TRUST COMPANY as Loan Escrow Agent By: /s/ Xxxxx X.

Related to Loan Escrow Agent

  • Escrow Agent means the escrow agent under the Escrow Agreement.

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

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

  • 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.

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

  • 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.

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

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

  • Term Administrative Agent means Bank of America, N.A., in its capacity as agent for the “Secured Parties” under (and as defined in) the Term Credit Agreement, and its successors and assigns in such capacity.

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

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

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

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

  • 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.