Tax Escrow Fund definition

Tax Escrow Fund shall have the meaning assigned to such term in Section 7.2 hereof.

Tax Escrow Fund shall have the meaning assigned to such term in --------------- Section 7.2 hereof. -----------

Tax Escrow Fund means the Tax Escrow Amount deposited with the Escrow Agent in the Tax Escrow Account, as such sum may increase or decrease from time to time as provided in this Agreement and the Escrow Agreement.

Examples of Tax Escrow Fund in a sentence

• If the amount of the Tax Escrow Fund shall exceed the amounts due for Taxes, Lessor shall, in its sole discretion, return any excess to Lessee or credit such excess against future payments to be made to the Tax Escrow Fund.

• Any such required interest shall be deposited in the Tax Escrow Fund as additional security for the payment of the Debt.

• If at any time Lessor reasonably determines that the Tax Escrow Fund is not or will not be sufficient to pay Taxes by the dates set forth above, Lessor shall notify Lessee of such determination and Lessee shall increase its monthly payments to Lessor by the amount that Lessor estimates is sufficient to make up the deficiency at least thirty (30) days prior to delinquency of the Taxes.

• The Purchaser hereby appoints the Servicer, from time to time designated pursuant to Section 6.01, as agent to enforce its ownership and other rights in the Transferred Receivables, the Related Security and the Collections with respect thereto.

• Lessor will apply the Tax Escrow Fund to payments of Taxes required to be made by Lessee pursuant to this Lease.

More Definitions of Tax Escrow Fund

Tax Escrow Fund shall have the meaning set forth in Section 16.3.1 hereof.

Tax Escrow Fund means the Tax Escrow Amount plus any interest paid on such Tax Escrow Amount in accordance with the terms of the Tax Escrow Agreement.

Tax Escrow Fund. As defined in Section 15.1(l).

Tax Escrow Fund has the meaning assigned in Section 3.4.

Tax Escrow Fund means the escrow fund pursuant to which the Tax Escrow Amount shall be maintained for the purposes of satisfying certain claims brought pursuant to Section 11.2(b) of the Agreement.

Tax Escrow Fund means the Resale Tax Escrow Fund and the Retail Tax Escrow Fund.

Tax Escrow Fund means the number of shares of Parent Common Stock equal to the quotient obtained by dividing (i) $3,800,000, by (ii) the Closing Price.