Escrow Contract definition

Escrow Contract means the contract to be entered into by and between the District and the Escrow Holder pursuant to Section 9 hereof.
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Escrow Contract means the contract entered into between the parties to the contract and the escrow agent under which the escrow agent agrees to monitor the performance of obligations as agreed by the parties to the contract;
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Escrow Contract means, with respect to the Refunding Bonds, if applicable, the contract to be entered into by and between the County and the Escrow Holder pursuant to Section 10 hereof.
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Examples of Escrow Contract in a sentence

  • The Source Materials deposited with ESCROW AGENT by LICENSOR pursuant to this Escrow Contract shall remain the exclusive property of the LICENSOR, except as otherwise provided in Section 2.

  • Unless terminated sooner, this Escrow Contract shall terminate on the delivery of the Source Code Escrow Package of Software applications products to Vendor or WSP as provided herein.

  • Any invalidity, in whole or in part, of any section of this Escrow Contract shall not affect the validity of any other of its sections.

  • This Escrow Contract shall not be waived, amended, or modified except by the written agreement of all the parties hereto.

  • Obligee shall deposit or cause to be deposited with the Escrow Agent for credit to the Equipment Acquisition Fund the sum of $746,878.67, which shall be held, invested and disbursed in accordance with the Escrow Contract.

  • The Escrow Agent shall have no duties except those which are expressly set forth herein, and it shall not be bound by any notice of a claim, or demand, termination or rescission of the Escrow Contract, unless received in writing , and, if its duties herein are affected, unless it shall have given its prior written consent thereto.

  • This Escrow Contract is intended to be and shall be treated as an agreement separate and distinct from the System Contract.

  • The commencing date of the Escrow Agreement is the date of giving EscrowDirect the order to draw up the Escrow Contract.

  • The Escrow Agent shall automatically be authorized and directed to deliver the Source Code Escrow Package to the WSP in accordance with this Escrow Contract within ten (10) Business Days.

  • In no event shall the Escrow Agent be liable for any act or failure to act under the sections of the Escrow Contract except where its acts are the result of gross negligence or malfeasance.


More Definitions of Escrow Contract

Escrow Contract means the contract to be entered into by and between the County
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Escrow Contract means the contract, if any, to be entered into by and between the Town and the Escrow Holder pursuant to Section 10 hereof.
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Escrow Contract means, with respect to each Respective Series of Refunding Bonds, the contract to be entered into by and between the County and the Escrow Holder pursuant to Section 10 hereof.
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Related to Escrow Contract

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement among Buyer, Seller and the Escrow Agent, substantially in the form of Exhibit B.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, ▇▇▇▇ Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

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

  • Escrow means any transaction in which any escrow property is delivered with or without transfer of legal or equitable title, or both, and irrespective of whether a debtor-creditor relationship is created, to a person not otherwise having any right, title or interest therein in connection with the sale, transfer, encumbrance or lease of real or personal property, to be delivered or redelivered by that person upon the contingent happening or non-happening of a specified event or performance or nonperformance of a prescribed act, when it is then to be delivered by such person to a grantee, grantor, promisee, promisor, obligee, obligor, bailee or bailor, or any designated agent or employee of any of them. Escrow includes subdivision trusts and account servicing.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.