Escrow Funds definition

Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.
Escrow Funds means the funds deposited with NCPS pursuant to this Escrow Agreement.
Escrow Funds means the funds deposited with Escrow Agent pursuant to Section 3 of this Agreement, together with any interest and other income thereon.

Examples of Escrow Funds in a sentence

  • This Agreement constitutes the entire Agreement between the parties relating to the holding, investment, and disbursement of the Escrow Funds and sets forth in their entirety the obligations and duties of the Escrow Agent with respect to the Escrow Funds.

  • Escrow Agent hereby accepts such appointment and, upon receipt by wire transfer of the Escrow Funds in accordance with Section 3 below, agrees to hold, invest and disburse the Escrow Funds in accordance with this Agreement.

  • Escrow Agent shall have no liability or obligation with respect to the Escrow Funds except for Escrow Agent's willful misconduct or gross negligence.

  • Escrow Agent's sole responsibility shall be for the safekeeping, investment, and disbursement of the Escrow Funds in accordance with the terms of this Agreement.

  • By its execution hereof, Recipient acknowledges that the deposit of the Escrow Funds into escrow with Escrow Agent does not confer any rights or claims to the Escrow Funds by Recipient unless all of the conditions in Section 2 above and the conditions as set forth in the Grant Agreement, have been satisfied.


More Definitions of Escrow Funds

Escrow Funds shall have the meaning set forth in Section 8.9.
Escrow Funds means the Purchase Price delivered to the Escrow Agent as contemplated by Sections 1(c) and (d) hereof.
Escrow Funds has the meaning set forth in Section 2.1(a).
Escrow Funds means the Escrow Deposit plus all interest, and interest earned on interest, on the Escrow Deposit.
Escrow Funds has the meaning set forth in the Escrow Agreement.
Escrow Funds means, at any time, the portion of the Escrow Amount then remaining in the Escrow Account.