Municipal Escrow Investments definition

Municipal Escrow Investments means proceeds of municipal securities and any other funds of a municipal entity or obligated person that are deposited in an escrow account to pay the principal of, premium, if any, and interest on one or more issues of municipal securities.

Examples of Municipal Escrow Investments in a sentence

  • You agree that none of the funds that are invested in or through this Account, or that are sought for investment in this Account, constitute either Proceeds of Municipal Securities or Municipal Escrow Investments (both defined below).

Related to Municipal Escrow Investments

  • Escrow Items means those items that are described in Section 3.

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

  • Virginia real estate investment trust means a real estate investment trust, as defined in 26 U.S.C.

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

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

  • Real Estate Investment Trust means any corporation, trust or association qualifying and electing to be taxed as a real estate investment trust under federal law.

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

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • 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.

  • Liquid Investments means:

  • Mezzanine Investments means debt Securities (including convertible debt Securities (other than the “in-the-money” equity component thereof)) and Preferred Stock in each case (a) issued by public or private issuers, (b) issued without registration under the Securities Act, (c) not issued pursuant to Rule 144A under the Securities Act (or any successor provision thereunder), (d) that are not Cash Equivalents and (e) contractually subordinated in right of payment to other debt of the same issuer.

  • deposits townsite means the townsite to be established on or near the mining areas pursuant to this Agreement;

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).

  • Holding Account means an account:

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

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

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

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

  • 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.