Management Escrow Account definition

Management Escrow Account means a sterling denominated account of the Escrow Agent the details of which will be notified to the Purchaser not later than five (5) Business Days prior to the Completion Date;
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Management Escrow Account means the interest-bearing deposit account in the name of the Management Escrow Agent or such other account as the Management Parties’ Representatives and the Purchaser may from time to time designate in writing for the purpose of holding the Management Escrow Sum;
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Management Escrow Account means the agreement(s) in the Agreed Form among the Warrantors, the Contributing Equityholders, the ML Family Trust, the Purchaser and the Management Escrow Agent setting out the terms of operation of the Management Escrow Account; Management Escrow Amount means €25,000,000; Xxxxx Lovells
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Examples of Management Escrow Account in a sentence

  • INTEREST ON ACCOUNT Owner agrees that any interest that is or may become payable on funds held in Management Trust Account, Management Escrow Account or Operating Account shall be retained by Agent.

  • The Agent has established a separate, a bank account known as the Property Management Escrow Account, funds from which are not commingled with Agent’s operating accounts.

  • Findings of Fact and Conclusions of Law as to Each CountCount I – 2000 Audit: Shortages and Overagesin the Heartland Bank Property Management Escrow Account Cronin and the Corporation had a property management escrow account at Heartland Bank (“Heartland Property Management Escrow Account”), account number 244114708.

  • Broward County, Florida, Landfill Management Escrow Account, Schedule of Activity and Balances, Fiscal Year Ended September 30, 2018.

  • The 2000 Audit revealed a temporary shortage of $20.00 in the Heartland Property Management Escrow Account between May 12, 2000 and June 10, 2000.

  • All amounts paid out of the Management Escrow Account shall be paid together with any interest accrued on the amounts so payable.

  • This includes, but is not limited to:  Report of Independent Certified Public Accountants – Schedule of Activity Landfill Management Escrow Account.

  • Owner agrees that any interest that is or may become payable on funds held in Management Trust Account, Management Escrow Account or Operating Account shall be retained by Agent.

  • We suggest that orphan penumbrae are formed in very narrow PILs of compact ARs and are the photospheric manifestation of flux ropes in the photosphere.

  • Escrow Account shall be released as provided in clauses 3.4 to 3.8 and the Purchaser and the Management Shareholders each undertake to each other to issue joint instructions to the Escrow Agent to release amounts from the Management Escrow Account in accordance with such provisions.


More Definitions of Management Escrow Account

Management Escrow Account means the account established to hold (and holding) the contribution to be made into escrow by, or on behalf of, management in connection with the Management Warranty Deed; Management Escrow Amount means €25,000,000;
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Related to Management 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).

  • 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.

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

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

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

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • 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.

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

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

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

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

  • Professional Fee Escrow means an escrow account established and funded pursuant to section 2.6 of the Plan.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Indemnity Escrow Amount means $5,000,000.

  • Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

  • Initial Reserve Account Deposit means $3,000,000.

  • 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 remaining interest or other amounts earned thereon.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • 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.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

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