Escrow and Security Agreement definition

Escrow and Security Agreement means that certain Third Amended and Restated Escrow and Security Agreement dated as of the Closing Date made by the Company and certain Loan Parties in favor of the Administrative Agent for the benefit of the Secured Parties, substantially in the form of Exhibit I attached hereto, as supplemented from time to time by the execution and delivery of Joinder Agreements pursuant to Section 6.14, and as otherwise supplemented, amended, or modified from time to time.

Escrow and Security Agreement has the meaning set forth in Section 3.3.

Escrow and Security Agreement means the Escrow and Security Agreements executed in connection with any of the Prior Agreements by the Company and certain other Borrowers in favor of the Agent for the benefit of the Lenders with respect to all of the capital stock and other equity interests of the Company’s direct and indirect Subsidiaries with respect to which the Company or such other Borrower is not prohibited by a Manufacturer from being a party thereto.

Examples of Escrow and Security Agreement in a sentence

• The liability of the Company for breaches of its representations and warranties contained in this Agreement and for any indemnification obligation herein shall cease as of the Effective Time, and MARINEMAX and Surviving Corporation may recover for such breaches and recover for such indemnification only from the MARINEMAX Stock held in escrow pursuant to and as provided in the Escrow and Security Agreement, except to the extent specific and separate indemnification is provided by the STOCKHOLDERS.

• The Escrow Property will be invested as provided in the Escrow and Security Agreement.

• This Escrow and Security Agreement may not be used to interpret another pledge, security or debt agreement of the Pledgor or any subsidiary thereof.

• STOCKHOLDERS each agree to execute and deliver the Escrow and Security Agreement at the Closing effective at the Effective Time.

• The headings in this Escrow and Security Agreement have been inserted for convenience of reference only, are not to be considered a part hereof and shall in no way modify or restrict any of the terms or provisions hereof.

More Definitions of Escrow and Security Agreement

Escrow and Security Agreement means the Escrow and Security Agreement, dated as of June 15, 2020, among the Escrow Issuer, the Trustee and the Escrow Agent, as such agreement may be amended, modified or supplemented from time to time.

Escrow and Security Agreement means the Escrow and Security Agreement, dated as of the date of this Indenture, among the Company, the Trustee and The Bank of New York Mellon Trust Company, N.A., as escrow agent, for the sole benefit of the Holders of Notes, as such agreement may be amended, amended and restated, adjusted, supplemented or otherwise modified from time to time.

Escrow and Security Agreement means the Escrow and Security Agreement, dated as of February 5, 2019, among the SPV Issuer, the Trustee and the Wilmington Trust, National Association, as escrow agent, and Wilmington Trust, National Association, as bank and securities intermediary, as such agreement may be amended, modified or supplemented from time to time.

Escrow and Security Agreement means the Escrow and Security Agreement dated as of April 1, 1997 by and among the Board, Lessee and NationsBank of Tennessee, National Association, as Escrow Agent and Trustee.

Escrow and Security Agreement means the Escrow and Security Agreement dated the Closing Date from the Company, as pledgor, to United States Trust Company of New York, as Trustee.

Escrow and Security Agreement means the Escrow and Security Agreement among the Borrower, the Administrative Agent and the Escrow Agent, substantially in the form of Exhibit F hereto, dated as of the date hereof, pursuant to which the proceeds of the Tranche B Loans made on the Closing Date will be deposited into the Escrow Account.

Escrow and Security Agreement. An Escrow and Security Agreement made by Borrower for the benefit of Lender.