Escrow Collection Bank means a bank, which is a clearing member and registered with SEBI as a banker to an issue under the SEBI (Bankers to an Issue) Regulations, 1994 and with whom the ‘escrow accounts’ have been opened, pursuant to the Cash Escrow and Sponsor Bank Agreement.

Escrow Collection Bank means a bank which is a clearing member and registered with SEBI as a banker to an issue under the Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994, and with whom the Escrow Accounts will be opened, in this case being ICICI Bank Limited;

Escrow Collection Bank has the meaning attributed to such term in the preamble of this Agreement.

Examples of Escrow Collection Bank in a sentence

Upon closure of the Escrow Accounts, the Public Offer Account or the Refund Account, as the case may be, the Escrow Collection Bank, the Public Offer Account Bank or the Refund Account Bank, respectively, shall, upon request by the Company, provide a confirmation in writing to the Company, the Selling Shareholders and the BRLMs that no monies are lying to the credit of the Escrow Accounts, the Public Offer Account or the Refund Account.
Until three weeks before the Bid/Offer Opening Date, any of the Escrow Collection Bank, the Public Offer Account Bank, the Refund Account Bank and the Sponsor Banks shall be entitled to resign from their obligations under this Agreement.

More Definitions of Escrow Collection Bank

Escrow Collection Bank shall have the meaning given to such term in the Preamble;

Escrow Collection Bank means the bank, which is a clearing member and registered with SEBI as a banker to an issue under the SEBI BTI Regulations and with whom the Escrow Account(s) will be opened, in this case, being HDFC Bank Limited.

Escrow Collection Bank shall have the meaning ascribed to such term in the preamble to this Agreement, i.e. Axis Bank Limited;

Escrow Collection Bank shall have the meaning given to such term in the Preamble; “Exchange Act” shall mean the United States Securities Exchange Act of 1934;

Escrow Collection Bank means ICICI Bank Limited;

Escrow Collection Bank means HDFC Bank Limited;

Escrow Collection Bank means Axis Bank Limited;