Escrow Bank has the meaning specified in Section 2.15(c).
Escrow Bank means a Scheduled Bank as defined under Section 2(e) of the Reserve Bank of India Act, 1934 having a net worth of at least ` 1,000 Crore (Rupees One Thousand Crore), with which the Escrow Account is opened and maintained by the Developer;
Escrow Bank shall have the meaning set forth in Clause 13.1.1; "Escrow Default" shall have the meaning set forth in Schedule-E;
Examples of Escrow Bank in a sentence
The Company shall open and maintain the Escrow Account with the Escrow Bank and shall ensure deposit of all Total Payout into the Escrow Account to be opened and maintained in terms of the Escrow Account Agreement, on or before the Due Date as periodic payment to the Investor(s).
More Definitions of Escrow Bank
Escrow Bank shall have the meaning as set forth in Schedule 9;
Escrow Bank means as set forth in Article 20.1;
Escrow Bank shall have meaning set forth in Clause 26.1.1
Escrow Bank means Skandinaviska Enskilda Banken AB (publ).
Escrow Bank shall have the meaning set forth in Article 24;
Escrow Bank a depositary bank acceptable to the Administrative Agent at which ESH REIT will maintain the Escrow Account.
Escrow Bank means The Bank of New York Mellon Trust Company, N.A. “Event of Default” means any of the events described in Section 8.01.