Deposit of Cash. (a) Any cash in any currency received by or on behalf of J.X. Xxxxxx for the account of the Customer will be either:
Deposit of Cash. On or prior to the Closing Date, the Borrower will deposit or cause to be deposited in the Cash Collateral Account (or, to the extent permitted under Section 4.01(g) of the Credit Agreement, the Administrative Expense Sub-account) all Cash then owned by the Borrower. Thereafter, the Borrower will cause all Cash owned by Borrower from time to time, including all Cash Distributions received with respect to assets held in the Collateral Accounts and all Proceeds of Collateral, to be deposited in the Cash Collateral Account, to be held and administered as provided under the Credit Documents.
Deposit of Cash. At or prior to the Effective Time, Parent shall, or shall cause a direct or indirect subsidiary of Parent to, deposit with the Paying Agent for exchange in accordance with this Article II the aggregate amount of cash payable pursuant to Section 2.7(a) (provided that the cash payable pursuant to Section 2.7(a)(i) or Section 2.7(a)(ii)(A) may instead be paid directly by either Parent through its payroll provider or, if so directed by Parent, by the Surviving Corporation through its payroll provider).
Deposit of Cash. Simultaneously with the Closing, Parent shall deposit or shall cause to be deposited with the Paying Agent, for the benefit of the holders of Company Common Stock (other than Excluded Shares), cash in an amount approximately equal to the aggregate Merger Consideration (the “Exchange Fund”).
Deposit of Cash. Consideration Prior to the Effective Time, Rolling Thunder shall deposit with the Depositary that amount of Cash Consideration payable in accordance with Section 3.3(a), subject to a maximum amount of $5,000,000. Such amount shall be held by the Depositary as agent and nominee for Rolling Thunder until the Effective Time and, provided the Articles of Arrangement are filed with the Registrar, thereafter shall be paid to the former Xxx Xxxxx Shareholders in accordance with the provisions of Sections 3.3, 3.4 and 5.3.
Deposit of Cash. The Company hereby agrees to deposit the Cash Amount in a special, segregated and irrevocable cash collateral account in the Trustee’s name, for the benefit of the Holders [Canwest has removed the account information for confidentiality reasons], with the Trustee at its office in New York, New York (the “Account”). The Company further agrees that so long as any of the Notes remain outstanding, neither the Company nor CMIH shall have any right to withdraw, access, transfer or otherwise dispose of any of the Cash Amount in the Account.
Deposit of Cash. At the Closing, funds equal in amount to the Damage Ceiling shall be withheld from the amount payable to Seller pursuant to this Agreement (the “Holdback Amount”) and shall be held in escrow by the Holdback Agent on and pursuant to the terms and conditions set forth in this Section 15. The Holdback Amount is intended as credit support for Seller’s post-closing obligations under this Agreement and the Seller Estoppel Certificates delivered hereunder, and shall be disbursed to Seller or Buyer, as applicable, as provided in this Section 15. Nothing in this Section 15 shall be deemed to modify, limit or supersede the terms of this Agreement applicable to (i) damages for which Seller may be liable, or any limitations thereon, or (ii) compensation to which Buyer may be entitled, under this Agreement or any Seller Estoppel Certificate.
Deposit of Cash. Upon the execution and delivery of this Agreement, Salmon Creek will deliver to the Escrow Agent, all but $15 million of the Cash (such delivery shall be accomplished by depositing such Cash into the account of Salmon Creek at the Escrow Agent, such account a restricted account subject to this Agreement) (the amount of the Cash deposited by Salmon Creek is hereinafter referred to as the Escrowed Funds). The Escrow Agent shall acknowledge receipt of the actual amount of the Escrowed Funds deposited by Salmon Creek when such Escrowed Funds have been received by the Escrow Agent. The Escrowed Funds shall be deposited initially into an escrow account in the custody of the Escrow Agent. Escrowed Funds received in immediately available funds and received no later than 1:00 p.m. New York time on the date of deposit shall be invested in the AIM Prime Portfolio Private Class Fund, until such time as the Escrow Agent has received written direction from ScoPac to liquidate such investment or has been otherwise directed in writing by Salmon Creek pursuant to Section 2. In the event that it shall be determined by PL that the Expenses are less than $15 million, PL shall cause Salmon Creek to make an additional deposit (the "Additional Deposit") under this Escrow Agreement in an amount equal to the amount by which $15 million exceeds the actual amount of the Expenses. In the event that all or a portion of that certain property known as the Grizzly Creek grove is sold while this Agreement remains in effect, then PL shall make an Additional Deposit hereunder equal to the net proceeds of such sale. Any Additional Deposit shall become part of the Escrowed Funds for all purposes of this Agreement. The Escrowed Funds shall remain the property of Salmon Creek (or PL, in the case of the Grizzly Creek deposit) unless and until disbursed pursuant to Section 3 hereof.
Deposit of Cash. Upon the execution of this Agreement, Buyer will cause to be delivered to the Escrow Agent by wire transfer of immediately available funds the Escrow Funds.
Deposit of Cash. Grantor may deposit cash to the Trust Account. Grantor may, with the Beneficiary’s Written Approval, invest any cash in the Trust Account in Eligible Investments and the Trustee shall pay for any such investments made by the Grantor that are delivered to the Trustee for settlement to the Trust Account from the cash in the Trust Account. Absent written investment direction, the Trustee shall invest the proceeds into the BB&T Business Investment Deposit Account.
