Company Escrow Account definition

Company Escrow Account means the escrow account established under the Company Escrow Agreement.
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Company Escrow Account means the operating bank account established by the Company with a commercial bank of its choice in the U.S., which shall at all times comply with the requirements of Section 6.6(c)-(d).
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Company Escrow Account means an escrow account established by the Company within 30 calendar days of the Company’s receipt of the Corridor Layer Trigger notice from the Reinsurer for the deposit of the Company Escrow Account Required Amount by the Company on a quarterly basis during the Corridor Period, which account is accessible by the claims service administrator or other party contracted to handle claims payments related to the Subject Business.
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Examples of Company Escrow Account in a sentence

  • At least 30 days prior to each Interest Payment Date, the Escrow Agent shall deliver to the Leasing Company, the Trustees and the escrow agent for the Company Senior Note Escrow Account a statement setting forth with reasonable particularity the balance of funds then in the Leasing Company Escrow Account and the manner in which such funds are invested (the "Escrow Account Statement").

  • I speak softly and carry a small stick, but when my interlocutors do not respond to discrete, quiet diplomacy, I have had recourse to the participating States and other levers of influence.

  • The Escrow Agent shall be paid any such expenses owed to it directly by the Leasing Company and shall not disburse from the Leasing Company Escrow Account any such amounts.

  • The Leasing Company is the legal, record and beneficial owner of the Collateral existing on the Issue Date (the "Existing Collateral"), free and clear of any Lien or claims of any person except for the Liens listed on Schedule D attached hereto and the Liens created by this Security Agreement, the Leasing Company Escrow Account Agreement and any of the other Senior Note Collateral Documents.

  • Funds received from persons purchasing subscriptions in the Offering shall be recorded on the books and records of Sterling Trust Company Escrow Account FBO (name of investor).

  • The Dealer-Manager shall either directly, or through each Soliciting Dealer, instruct subscribers to make their checks payable to Boston Private Bank & Trust Company Escrow Account.

  • All money received by the Leasing Company and required to be deposited in the Leasing Company Escrow Account, shall be promptly and without commingling remitted to the Collateral Agent or the Senior Note Trustee (or the Convertible Note Trustee if the Senior Notes are no longer outstanding and the Senior Note Indenture has been satisfied and discharged) for deposit therein.

  • Digital art may thus continue to resist being instrumentalised as part of a multi-faceted, highly efficient, conceptual- computational financial technology which, in its current form, serves to control and re-centralise production, dissemination, and financialisation processes.

  • No sales of Collateral may be made in contravention of the terms of the Senior Note Indenture or the Convertible Note Indenture and the cash proceeds of the sale of any Collateral shall be promptly and without commingling remitted to the Collateral Agent or the Senior Note Trustee for deposit in the Leasing Company Escrow Account.

  • He modified a standard auction purchase agreement as follows:Purchase: For the sum of Five Hundred Sixty Three Thousand Dollars ($563,000.00 US) payable as follows $25,000.00 US earnest money deposit to be made with personal funds payable to Monarch Title Company Escrow Account.

Related to Company Escrow Account

  • 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.

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

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

  • Escrow Accounts means (1) accounts of Parent or any Subsidiary, solely to the extent any such accounts hold funds set aside by Parent or any Subsidiary to manage the collection and payment of amounts collected, withheld or incurred by Parent or such Subsidiary for the benefit of third parties relating to: (a) federal income tax withholding and backup withholding tax, employment taxes, transportation excise taxes and security related charges, (b) any and all state and local income tax withholding, employment taxes and related charges and fees and similar taxes, charges and fees, including, but not limited to, state and local payroll withholding taxes, unemployment and supplemental unemployment taxes, disability taxes, xxxxxxx’x or workers’ compensation charges and related charges and fees, (c) state and local taxes imposed on overall gross receipts, sales and use taxes, fuel excise taxes and hotel occupancy taxes, (d) passenger facility fees and charges collected on behalf of and owed to various administrators, institutions, authorities, agencies and entities, (e) other similar federal, state or local taxes, charges and fees (including without limitation any amount required to be withheld or collected under applicable law) and (f) other funds held in trust for, or otherwise pledged to or segregated for the benefit of, an identified beneficiary; or (2) accounts, capitalized interest accounts, debt service reserve accounts, escrow accounts and other similar accounts of Parent or any Subsidiary or funds established in connection with the ARB Indebtedness.

  • 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.

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

  • 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).

  • 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.

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

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

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

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

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

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

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

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

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

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

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

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

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

  • 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”.

  • Escrow End Date has the meaning specified in the Escrow Agreement.