Successor Escrow Agent definition

Successor Escrow Agent has the meaning specified in Section 5.04.
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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

  • Subject to the right of the parties to amend this Escrow Agreement as provided in Sections XIV (Successor Escrow Agent) and XVI (Amendment of the Escrow Agreement), this Fund will be irrevocable and continue until terminated by the written notification of the Beneficiary.

  • Successor Escrow Agent Upon 90 days prior notice to the licensee, [insert name of licensee], the escrow agent may resign; upon 90 days notice to the escrow agent, the licensee, [insert name of licensee], may replace the escrow agent provided that such resignation or replacement is not effective until the escrow agent has appointed a successor escrow agent and this successor accepts the appointment or another financial assurance instrument has been secured pursuant to paragraph 5.

  • Successor Escrow Agent Upon 90 days prior notice to the licensee, [insert name of licensee], the escrow agent may resign; upon 90 days notice to the escrow agent, the licensee, [insert name of licensee], may replace the escrow agent, provided that such resignation or replacement is not effective until the escrow agent has appointed a successor escrow agent and this successor accepts the appointment, or another financial assurance instrument has been secured, pursuant to paragraph 5.

  • If for any reason the Grantor cannot or does not act in the event of the resignation of the Escrow Agent, the Escrow Agent may apply to a court of competent jurisdiction for the appointment of a Successor Escrow Agent or for instructions.

  • In this way, she felt valuable.Another woman experienced her ability to protect herself by learning to disagree or to say “no” to people.This woman mentioned the ability to say “no” as one of the most important value-fortifying aspects she had learnt during the course, which strengthened her integrity.

  • The Successor Escrow Agent shall specify the date on which it assumes administration of the Escrow Account in writing sent to the Grantor, the Beneficiary, and the present Escrow Agent by certified mail ten (10) days before such change becomes effective.

  • Upon acceptance of the appointment by the Successor Escrow Agent, the Escrow Agent will assign, transfer, and pay over to the Successor Escrow Agent, the Escrow Assets constituting the Escrow Account.

  • If at any time the Escrow Agent shall resign and no appointment of a Successor Escrow Agent shall be made pursuant to the provisions of Section 8 hereof within sixty days of the date of resignation of the Escrow Agent, then the Escrow Agent, the County or the Trustee may apply to any court of competent jurisdiction to appoint a successor Escrow Agent.

  • In either event, the Grantor will appoint a Successor Escrow Agent who will have the same powers and duties as those conferred upon the Escrow Agent hereunder.

  • If Applicable Sanctions are lifted after the date on which the Holding Period expires, the Distribution Confirmation Deed (and, if applicable, a Designated Recipient Form), as published on the Transaction Website, submitted to the Successor Escrow Agent (whose contact details will be published on the Transaction Website on or around the date on which the Holding Period expires).


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.

  • 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.

  • 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.