CHL Escrow Amount definition

CHL Escrow Amount means the amount of [***], to be deposited into the CHL Escrow Account by CHL as set forth in Section 2(a), and disbursed as set forth in Section 8.
Sample 1

Examples of CHL Escrow Amount in a sentence

  • Subject to the foregoing, if the aggregate amount of such differences as of the last Other Implementation Date still remains greater than the CHL Escrow Amount, then CHL and MGIC shall again negotiate in good faith a mutually agreeable mechanism, including any related process with respect to servicers, by which MGIC shall be reimbursed for the unpaid amount of any such differences.

  • CHL shall, within five (5) business days of the Signing Date, deposit the CHL Escrow Amount in immediately available funds into the CHL Escrow Account.

  • As Fleming suggests, the question is, is the defendant using his or her property reasonably, having regard to the fact that he is a neighbour.

  • The Parties acknowledge that for purposes of this Section 7(c), a “mutually agreeable mechanism” could include, without limitation, handling of claims in a manner differently than as set forth in this Settlement Agreement, only to the extent and for such limited period of time until MGIC has been fully reimbursed for such amounts in excess of the CHL Escrow Amount.

  • Prior to the last Other Implementation Date, if data in the Monthly Loan Reports or Subject Loan Reports indicate that the amount owed by CHL to MGIC will exceed the CHL Escrow Amount, then CHL and MGIC shall negotiate in good faith a mutually agreeable mechanism by which MGIC shall be reimbursed for such amounts in excess of the CHL Escrow Amount.

  • If (x) the aggregate amount of True-Up Loans resulting from the application of Section 7(a) and the reduction of the Settlement Payment pursuant to Section 7(b) with respect to any Trust/Other is less than the Reimbursement Amount applicable to such Trust/Other, then (y) the corresponding amount of the CHL Escrow Amount shall be disbursed to MGIC pursuant to Section 8(a)(i)(B).

Related to CHL Escrow Amount

  • Escrow Amount has the meaning set forth in Section 2.1(c).

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

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

  • 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.

  • Escrow Fund has the meaning ascribed to it in Section 7.2(a).

  • Escrow Cash is defined in Section 4.1(a).

  • Indemnification Escrow Amount has the meaning specified in Section 3.6(a).

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • 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.

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

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

  • 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.

  • 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 shall have the meaning set forth in Section 2.2(a).

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

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

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

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

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

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

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

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Expense Fund has the meaning set forth in Section 9.14(f).