Escrow Interest definition

Escrow Interest means the interest actually earned on monies paid by each subscriber into the Escrow Account during the period that such monies are held in the Escrow Account prior to the Class B Closing (net of certain fees and expenses of the Escrow Agent).
Escrow Interest. An amount equal to the aggregate interest earned but not yet disbursed on funds maintained in the escrow account that is owed by the Seller to the Mortgagors as of the Sale Date.
Escrow Interest means the interest actually earned on monies paid by each subscriber into the

Examples of Escrow Interest in a sentence

  • Any duplicate Escrow Receipt issued pursuant to this Section 1.05 shall constitute conclusive evidence of the appropriate Escrow Interest in the Account Amounts, as if originally issued, whether or not the lost, stolen or destroyed Escrow Receipt shall be found at any time.

  • After payment to the holder hereof of its Escrow Interest in the Final Distribution, upon the request of the Pass Through Trustee, the holder hereof will return this Escrow Receipt to the Pass Through Trustee.

  • Any duplicate Escrow Receipt issued pursuant to this Section 1.5 shall constitute conclusive evidence of the appropriate Escrow Interest in the Account Amounts, as if originally issued, whether or not the lost, stolen or destroyed Escrow Receipt shall be found at any time.

  • The Escrow Interest shall be retained by the Escrow Agent until the date when the balance of the Withheld Amount is fully released pursuant to Section 4 hereof.

  • The Transfer Agent will supply the Escrow Agent with the Escrow Interest allocated for each Investor.


More Definitions of Escrow Interest

Escrow Interest has the meaning provided for in Section 23.8.
Escrow Interest has the meaning given to it in Clause 3.2;
Escrow Interest shall be defined as set forth in Section 4.5(a).
Escrow Interest has the meaning set forth in Section 2.5(b).
Escrow Interest means the amount in Euros accruing on the balance in the Escrow Account in accordance with the Escrow Agreement.
Escrow Interest shall have the meaning given to it under the Property Leases.
Escrow Interest. DEFINED. Each Microgyn Shareholder's "ESCROW INTEREST" shall be a fraction calculated by dividing (a) the maximum number of Escrow Shares potentially issuable to such Microgyn Shareholder by (b) the maximum aggregate number of Escrow Shares potentially issuable to all Microgyn Shareholders.