Payment of Escrow Amounts. In addition to the payment of interest, Loan Servicer shall make any and all reasonable efforts to collect from Borrower on or before each monthly due date, all amounts owed with respect to taxes and insurance, as required by the Loan Documents, as such amounts vary from time to time. Loan Servicer shall collect such amounts and pay the applicable providers and/or taxing authorities on or before their respective due dates and promptly provide Lender with evidence of said payments.
Payment of Escrow Amounts. Notwithstanding anything to the contrary contained in the Notes Escrow Documents, any money collected by the Trustee pursuant to this Article 3 or under any other Notes Escrow Document shall be paid out in the following order:
Payment of Escrow Amounts. At the Closing, Buyer shall deposit the following amounts with the Escrow Agents to be held in separate escrow accounts: (i) the Indemnity Escrow Amount to be held in escrow as security for (1) the Seller Parties’ obligations under Article X and (2) as security for the Seller Parties obligations under Section 7.17; and (ii) the Punch List Escrow Amount, if any, to be held in escrow (1) as security for the Seller Parties’ obligations under Section 7.17, (2) to pay the costs of completing the Punch List Items, and (3) to make Final Payments to Contractors upon completion of the Work in accordance with the Contract Documents (as such terms are defined in the Construction Contracts); provided, for the avoidance of doubt, Buyer Indemnified Parties may seek recovery for claims related to a breach of Seller Parties obligations under Section 7.17 from either or both the Indemnity Escrow Amount or the Punch List Escrow Amount (if any), and with no exhaustion condition of one or the other amount in order to proceed against the other amount.
Payment of Escrow Amounts. 4.1 The Escrow Agent shall escrow the Escrow Moneys and shall apply such moneys as it may from time to time be directed in writing as provided in Clause 4.2, 4.3, 4.4 and 4.5 below. Any payment from the Escrow Account in accordance with such written directions shall be a full and sufficient discharge to the Escrow Agent and the Account Bank.
Payment of Escrow Amounts. At the Effective Time, Buyer will cause the Escrow Amounts to be delivered to the Escrow Agent for deposit into the respective Escrow Accounts. The Escrow Agent will hold the Escrow Amounts, and all interest (if any) and other amounts earned thereon (if any) in escrow pursuant to the Escrow Agreement, and for purposes of this Agreement, the “Adjustment Escrow Property” means, at any given time, the funds contained in the Adjustment Escrow Account at that time, and the “Indemnity Escrow Property” means, at any given time, the funds contained in the Indemnity Escrow Account at that time. Buyer will be treated as the owner of the Adjustment Escrow Property and the Indemnity Escrow Property (and related interest and earnings) for income Tax purposes until such amounts are released and shall receive a tax distribution with respect to any such earnings pursuant to the Escrow Agreement. The Escrow Amounts will be applied by the Escrow Agent in accordance with the terms of the Escrow Agreement to pay amounts owing or payable under this Agreement, or otherwise disbursed in accordance with the terms of the Escrow Agreement.
Payment of Escrow Amounts. On the Closing Date, the Purchaser shall deposit with the Escrow Agent, by wire transfer of immediately available funds to an account designated by the Escrow Agent at least two (2) Business Days prior to the Closing Date, the Working Capital Escrow Amount and the Lithotech Escrow Amount, each of which shall be distributed in accordance with the terms of this Agreement and the Escrow Agreement.
Payment of Escrow Amounts. 5.1 Prior to the repayment of the Note Obligations in full, the Escrow Agent shall hold the Escrow Moneys to the order of the Company and shall apply such moneys as it may from time to time be jointly directed in writing by the Company and Trustee as provided in Clause 5.
