Warranty Escrow definition

Warranty Escrow has the meaning set forth in Section 2.5(c).
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Warranty Escrow. Amount shall mean the escrow amount as defined in Article 5.2(b) and as decreased in accordance with Article 9.6. Welfare Fund shall mean the welfare fund of GABA AG as defined in Article 13.3(b).
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Warranty Escrow will refer to a percentage of the total Project Construction Cost held for a defined period during the Project Warranty period and released per the provisions in the Construction Contract between the Owner and Contractor.
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Examples of Warranty Escrow in a sentence

  • Any provisions of this Contract regarding Software License, Rights To Work Product, Warranty, Escrow, Confidentiality, Content Privacy and Security, Liability, Indemnification, and the General Provisions shall survive the expiration or termination of this Contract.

  • Any provisions of this Contract regarding Software License, Rights To Work Product, Warranty, Escrow, Confidentiality, Content Privacy and Security, Liability, Indemnification, Transition of Services, the right to purchase Maintenance Services, and the General Provisions will survive the expiration or termination of this Contract.

  • The provisions of this Contract regarding Software License, Warranty, Escrow, Confidentiality, Liability and Indemnification, and the General Provisions shall survive the expiration or termination of this Contract.

  • Any provisions of this Contract regarding Software License, Rights To Work Product, Warranty, Escrow, Confidentiality, Content Privacy and Security, Liability, Indemnification, Transition of Services, and the General Provisions shall survive the expiration or termination of this Contract.

  • At the Closing, the Purchaser shall pay the Preliminary Purchase Price in NOK, less the Escrow Amount, and less any Warranty Escrow Amount (if applicable), by electronic transfer in immediately available funds to the Sellers, in the proportions set out in Exhibit B, to the accounts designated by the Sellers no later than five (5) Business Days prior to the Closing Date.

  • Any provisions of this Contract regarding Software License, Rights To Work Product, Warranty, Escrow, Confidentiality, Content Privacy and Security, Liability, Indemnification, Transition of Services, , and the General Provisions will survive the expiration or termination of this Contract.

  • The Warranty Escrow shall be paid into the escrow account (the "WARRANTY ESCROW ACCOUNT") based on an escrow account agreement to be entered into by the Parties and the Escrow Agent substantially in the form attached hereto as ANNEX Page 20 of 74 Cooper-Standard Project Falcon / SPA 09 June 2007 5.6 (the "WARRANTY ESCROW AGREEMENT").

  • Once the award is made, a claim shall be Finally Resolved for purposes of the Warranty Escrow Agreement.

  • Cooper-Standard Project Falcon / SPA 09 June 2007 claims under this agreement against the Warranty Escrow Fund or the insurance referred to in Section 8.4.1 at their discretion.

  • Casual employees Casual employees are engaged to perform duties that are irregular or intermittent.


More Definitions of Warranty Escrow

Warranty Escrow means an amount equal to $950,000 as a separate escrow account (segregated from the Escrow Amount) held and administrated by the Escrow Agent under the Escrow Agreement.
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Related to Warranty Escrow

  • 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.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

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

  • Indemnity Escrow Amount means $3,000,000.

  • 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 interest or other amounts earned thereon.

  • 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.

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Adjustment Escrow Amount means $1,000,000.

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

  • 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.

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

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

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

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

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • 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.

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

  • Working Capital Escrow Amount means $2,000,000.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • 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.

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Direct Deposit Disbursement Requests for the Closing Disbursement(s) to be deposited into an account at Xxxxx Fargo Bank, N.A. must specify the amount and applicable account. Each account included in any such Disbursement Request must be listed below. Name on Deposit Account: Xxxxx Fargo Bank, N.A. Deposit Account Number: Further Credit Information/Instructions: Subsequent Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Subsequent Disbursement Authorizer”) to disburse Loan proceeds after the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Subsequent Disbursement”): Individual’s Name Title 1.

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