Escrowed Assets definition

Escrowed Assets means the Escrowed Cash, the Escrowed Shares and any other assets as may from time to time be deposited with the Escrow Agent in accordance with this Agreement and the Escrow Agreement, including any dividends or distributions on the Escrowed Shares.
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Escrowed Assets shall have the meaning specified in the Master Letter Agreement.
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Escrowed Assets has the meaning set forth in Section 8.4(i).
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Examples of Escrowed Assets in a sentence

  • Escrow Agent shall be responsible for holding, investing and disbursing the Escrowed Assets pursuant to the Escrow Agreement, but in no event shall be liable for any exemplary or consequential damages in excess of Escrow Agent's fee hereunder.

  • Escrow Agent shall be responsible for holding, investing and disbursing the Escrowed Assets pursuant to the Escrow Agreement, but in no event shall be liable for any exemplary or consequential damages in excess of Escrow Agent’s fee hereunder.

  • Acceptance of the Escrowed Assets shall be communicated by Escrow Agent to parties in writing as soon as practicable after receipt, and any discrepancies shall be noted to Escrow Agent by the parties in writing within forty five (45) days of receiving such communication.

  • Should any controversy arise between the undersigned with respect to this Escrow Agreement or with respect to the right to receive the Escrowed Assets, Escrow Agent shall have the right to consult counsel and/or to institute a bill of interpleader in any court of competent jurisdiction to determine the rights of the parties.

  • Failure to note any discrepancies shall be deemed confirmation of the description of Escrowed Assets listed on the report regardless of any variations from the original schedule.

  • The Escrow Agent’s sole responsibility until such termination shall be to keep safely all Escrowed Assets and to deliver the same to a person designated by the parties executing this Escrow Agreement or in accordance with the directions of a final order or judgment of a court of competent jurisdiction.

  • Escrow Agent is hereby given a lien on all Escrowed Assets for all fees, expenses and indemnification payments that may become owing to Escrow Agent hereunder, which lien may be enforced by Escrow Agent by setoff or appropriate foreclosure proceedings.

  • Unless otherwise provided herein, the Escrow Agent shall accept, hold and distribute the Escrowed Assets pursuant to this Escrow Agreement.

  • Escrow Agent shall be responsible for holding, investing and disbursing the Escrowed Assets pursuant to the Agreement, but in no event shall be liable for any exemplary or consequential damages in excess of Escrow Agent's fee hereunder.

  • The Escrow Agent may, but shall be under no duty whatsoever to, institute or defend any legal proceedings which relate to the Escrowed Assets.


More Definitions of Escrowed Assets

Escrowed Assets has the meaning given to it in Article 3.1.
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Escrowed Assets means the Purchased Assets set forth on Schedule 1.1(y) hereof.
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Escrowed Assets means a pro rata allocation of each asset held in the Appendix-B Account resulting from the Escrowed Amount divided by the aggregate Statutory Carrying Value of the assets held in the Appendix-B Account as of such date.
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Escrowed Assets means (i) the Deposited Shares (together with any cash exchanged for any portion of the Deposited Shares pursuant to Section 4 of this Agreement) and related stock power, (ii) the Letters of Credit, (iii) any interest, dividends or other distributions on or proceeds from any of the foregoing or from any investment under this Agreement, and (iv) any securities in which any item described in clause (iii) may be invested.
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Escrowed Assets is defined in Section 8.6(b).
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Related to Escrowed Assets

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow Property has the meaning set forth in the Escrow Agreement.

  • Escrow Cash is defined in Section 4.1(a).

  • Retained Assets has the meaning set forth in Section 2.2.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Escrowed Proceeds means the proceeds from the offering of any debt securities or other Indebtedness paid into an escrow account with an independent escrow agent on the date of the applicable offering or Incurrence pursuant to escrow arrangements that permit the release of amounts on deposit in such escrow account upon satisfaction of certain conditions or the occurrence of certain events. The term “Escrowed Proceeds” shall include any interest earned on the amounts held in escrow.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Conveyed Assets shall have the meaning set forth in Section 2.01.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

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

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Accounts means a SEK bank account and/or EUR bank account and/or a NOK bank account opened by the Arranger with a reputable bank on which the proceeds from the Bond Issue will be held until the Conditions Precedent for Disbursement have been fulfilled.

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

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.