Successor Escrow Agent definition

Successor Escrow Agent has the meaning set forth in Section 6.1;
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Successor Escrow Agent shall have the meaning set forth in Section 3.2.
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Successor Escrow Agent shall have the meaning set out in Section 4.5(d) of this Escrow Agreement;
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Examples of Successor Escrow Agent in a sentence

  • Upon the delivery of the Escrowed Property to the Successor Escrow Agent or to the control of a court of competent jurisdiction, all of the Escrow Agent’s obligations as escrow agent under this Agreement will cease and terminate.


More Definitions of Successor Escrow Agent

Successor Escrow Agent means Madison Pacific Corporate Services Limited. “Super Majority Consenting Creditors” means, at any time, Consenting Creditors who hold (beneficially, as principal) an aggregate outstanding principal amount of the Existing Indebtedness representing more than 66 2/3% of the outstanding principal amount of the Existing Indebtedness held in aggregate by all Consenting Creditors at that time. “Term Sheet” means the term sheet attached at Schedule 5 (Term Sheet) to the RSA. “Transaction Website” means https://www.dfkingltd.com/zhongliang/, the portal managed by the Information Agent in connection with the Restructuring. “Transfer” has the meaning given to it in the RSA. “Transfer Notice” means a means a notice substantially in the form set out in Schedule 4 (Form of Transfer Notice) to the RSA. “Upfront Cash” means, in respect of each Scheme Creditor, an upfront payment in cash of 1% of the outstanding principal amount of the Existing Indebtedness held by such Scheme Creditor as of the Record Time. “UK” means the United Kingdom. “UK PRIIPs Regulation” means Regulation (EU) No 1286/2014 as retained as UK law by EUWA and as amended by the UK Prospectus Regulation. “UK Prospectus Regulation” means Regulation (EU) 2017/1129 as retained as UK law by EUWA and as amended by UK domestic law. “UK Qualified Investor” has the meaning given to it at Section 2.4 (United Kingdom) of this Listing Document. “US Bankruptcy Code” means Title 11 of the United States Code, as in effect on the date of the Recognition Filings. “US GAAP” means the United States Generally Accepted Accounting Principles “United States” or “US” means the United States of America. “US Securities Act” means the United States Securities Act of 1933, as amended, including the rules and regulations promulgated by the SEC thereunder. “US$” the lawful currency for the time being of the United States.
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Related to Successor Escrow Agent

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

  • Sub-Custodian means and include (i) any branch of a “U.S. bank,” as that term is defined in Rule 17f-5 under the 1940 Act, and (ii) any “Eligible Foreign Custodian” having a contract with the Custodian which the Custodian has determined will provide reasonable care of assets of the Fund based on the standards specified in Section 3.3 below. Such contract shall be in writing and shall include provisions that provide: (i) for indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) that the Foreign Securities will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Sub-Custodian or its creditors except a claim of payment for their safe custody or administration, in the case of cash deposits, liens or rights in favor of creditors of the Sub-Custodian arising under bankruptcy, insolvency, or similar laws; (iii) that beneficial ownership for the Foreign Securities will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) that adequate records will be maintained identifying the assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) that the Fund’s independent public accountants will be given access to those records or confirmation of the contents of those records; and (vi) that the Fund will receive periodic reports with respect to the safekeeping of the Fund’s assets, including, but not limited to, notification of any transfer to or from a Fund's account or a third party account containing assets held for the benefit of the Fund. Such contract may contain, in lieu of any or all of the provisions specified in (i)-(vi) above, such other provisions that the Custodian determines will provide, in their entirety, the same or a greater level of care and protection for Fund assets as the specified provisions.

  • Successor Servicer has the meaning specified in Section 3.07(e).

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Replacement Agent means the Fiscal Agent or, in respect of any Tranche of Notes, the Paying Agent named as such in the relevant Final Terms or Drawdown Prospectus (as the case may be);

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

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

  • Successor means an entity that has replaced a predecessor by acquiring the assets and carrying out the affairs of the predecessor under a new name (often through acquisition or merger). The term "successor" does not include new offices/divisions of the same company or a company that only changes its name. The extent of the responsibility of the successor for the liabilities of the predecessor may vary, depending on State law and specific circumstances.