Escrow Bank Account definition

Escrow Bank Account means the bank account in which the Escrow Amount is kept in escrow;
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Escrow Bank Account mean the bank account held by Service Provider in bank(s) appointed by the Service Provider for purpose of pooling funds collected from Customers on behalf of the Merchant and facilitating the transfer of funds in final settlement to the Merchant after deduction of TDR or any other amount receivable from Merchant pursuant to the said RBI Guidelines or any other RBI guidelines amended from time to time
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Escrow Bank Account means a Escrow bank account opened in accordance with the RBI regulations related
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Examples of Escrow Bank Account in a sentence

  • Work within the Coastal Zone requires a “Coastal Development Permit” (CDP).

  • Litigants (Escrow) Bank Account Information – Please send the April – June Escrow Report, along with copies of the statements.

  • In particular, on June 29, 2018, while holding Customer-1’s money in custody for the intended Bitcoin transaction, Thompson transferred $20,000 from the Escrow Bank Account to an account in the name of another company he was affiliated with (“Account 2”), from which the money was then wired to a bank account of a separate company (“Company A”).

  • Based on Thompson’s fraudulent representation that he and/or the Escrow Company had the 500 Bitcoin in hand and his fraudulent representation that he would keep custody of Customer-1’s cash until there was an “atomic swap” of cash and Bitcoin, on or about July 3, 2018, at approximately 9:28 am, Customer-1 wired an additional $2.6 million into the Escrow Bank Account.

  • In reality, as of June 30, 2018, the Escrow Bank Account into which Customer-1 had wired $650,000 had a balance of only $636,380.19.

  • Cheon [2] describes how runtime assertion checking (RAC) works in the jmlc tool.

  • Shortly thereafter, Thompson responded that “it is set to clear in the morning batch.” 2 Between on or about June 28, 2018, when Customer-1 had sent approximately $650,000 to the Escrow Bank Account and July 3, 2018, when Customer-1 wired the additional $2.6 million to that account, the Escrow Bank Account received deposits from other entities.

  • The flow charts also show that the customer must confirm amounts to be transferred from the Escrow Bank Account.

  • As of June 27, 2018, the Escrow Bank Account held approximately $15,402.53.

  • A vote was conducted for a resolution to continue, amend and restate the Amended and Restated Shareholder Rights Plan Agreement dated May 8, 2014 between the Corporation and Computershare Investor Services Inc.


More Definitions of Escrow Bank Account

Escrow Bank Account has the meaning ascribed to it in Section 2.3(e) of the Agreement.
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Related to Escrow Bank Account

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Escrow Bank has the meaning specified in Section 2.15(c).

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

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

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Direct Account : means any Account which is not an ISA Account.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Custody Account means each Securities custody account on Bank's records to which Financial Assets are or may be credited pursuant hereto.

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.