Settling Supplier Refund Escrow definition

Settling Supplier Refund Escrow means the escrow identified in Section 4.1.1.4 and established pursuant to Section 4.1.4.
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Settling Supplier Refund Escrow means that interest-bearing escrow fund established pursuant to Section 4.1.4.
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Settling Supplier Refund Escrow means that interest-bearing escrow fund estab- lished pursuant to Section 4.1.4.
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Examples of Settling Supplier Refund Escrow in a sentence

  • Each Party shall reasonably and in good faith cooperate with each other and the ISO and PX and take all reasonable steps to secure (i) the release and transfer of funds to the Settling Supplier Refund Escrow and California Litigation Escrow as contemplated by this Agreement, (ii) the accounting treatment contemplated under this Article VI, and (iii) any other acts of the PX or the ISO necessary to effectuate the terms of this Agreement.

  • The Settling Supplier Refund Escrow shall be maintained in a commercially reasonable interest-bearing account.

  • Settling Supplier consents to any combination of the Settling Supplier Refund Escrow and the California Litigation Escrow with other similar escrows being established by the California Parties pursuant to the terms of an escrow agreement that is used for purposes of this Agreement and for settlement agreements with other parties.

  • Such proceeds will be distributed from the Settling Supplier Refund Escrow to each of the Settling Participants that are not Deemed Distribution Participants.

  • The PX and ISO shall reflect on their books and records all distributions from the PX Settlement Clearing Account to the Settling Supplier Refund Escrow that represent payments of amounts owed by the ISO to Settling Supplier for the Settling Supplier Receivables.

  • The costs and maintenance of the Settling Supplier Refund Escrow and the California Litigation Escrow (including related accounting costs) shall be borne by the California Parties.

  • The ISO and PX shall reflect on their books and records distributions from the Settling Supplier Refund Escrow to Non-Settling Participants pursuant to Section 5.5 as payments to Non-Settling Participants.

  • The ISO shall recognize, as a reduction in the amounts payable by the PX to the ISO, all distributions from the PX Settlement Clearing Account to the Settling Supplier Refund Escrow that represent payments of amounts owed by the ISO to Settling Supplier for the Settling Supplier Receivables.

  • Sections 4.1.5, 4.1.6, 5.3, 5.6, and 5.7.The California Parties are responsible for the costs associated with establishing and maintaining the Settling Supplier Refund Escrow.

  • No monitoring is proposed for the foul water discharge, which will enter the foul sewer at emission point SE1-1 (not an IE Licenced emission point).

Related to Settling Supplier Refund Escrow

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

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

  • Purchase Price Allocation Schedule has the meaning given to it in Section 2.7(a).

  • 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.

  • Purchase Price Adjustment Escrow Amount means $1,500,000.

  • Adjustment Escrow Amount means $2,000,000.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

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

  • Allocation Schedule has the meaning set forth in Section 2.07.

  • 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.

  • 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.

  • Assumed Interest Amount With respect to any Distribution Date and Class of Subordinated Certificates, one month's interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Class on the applicable Assumed Balance immediately prior to that Distribution Date.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • 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.

  • Unallocated annuity contract means any annuity contract or group annuity certificate which is not issued to and owned by an individual, except to the extent of any annuity benefits guaranteed to an individual by an insurer under such contract or certificate.

  • Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);

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

  • Undisputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Prepayment Charge Schedule A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Charge and the term during which such Prepayment Charge is imposed with respect to a Mortgage Loan.

  • Gross Settlement Amount means $2,300,000 which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and Administration Expenses Payment.

  • 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.

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

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • 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.

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

  • Disputed Items has the meaning set forth in Section 2.3(b).