Escrow Account definition

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

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Escrow Account. The separate account or accounts created and maintained pursuant to Section 4.06.

Escrow Account. As defined in Section 3.09.

Examples of Escrow Account in a sentence

• The Escrow Account shall be used solely for holding subscription funds received from investors in connection with the Offering, pending release or return in accordance with this Agreement.

• All subscription funds shall be wired directly by investors into the Escrow Account in accordance with written wire instructions provided by the Escrow Agent.

• Funds deposited into the Escrow Account shall not be commingled with any other funds of the Company, the Escrow Agent, or any third party.

• The Escrow Agent shall release funds from the Escrow Account to the Company only upon receipt of written instruction signed by an authorized officer of the Company and confirmation by the Escrow Agent that the applicable closing conditions described in the SPA have been satisfied or waived.

More Definitions of Escrow Account

Escrow Account has the meaning set forth in the Escrow Agreement.

Escrow Account. Any account established and maintained by each Servicer pursuant to the related Servicing Agreement. Euroclear: Euroclear Bank, S.A./N.V., as operator of the Euroclear System.

Escrow Account means the account established pursuant to the Escrow Agreement.

Escrow Account means the account established by the Escrow Agent to hold the Escrow Amount and any earnings thereon pursuant to the Escrow Agreement.

Escrow Account has the meaning set forth in Section 2.4(a).

Escrow Account means the escrow account established with the Escrow Agent pursuant to the Escrow Agreement.

Escrow Account. The separate account or accounts created and maintained by the Master Servicer or a Servicer pursuant to Section 3.06.