Escrowed Property definition

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

Escrowed Property has the meaning assigned to such term in the Escrow Agreement.

Escrowed Property means the initial funds deposited into the Escrow Account, and all other funds, securities, interest, dividends, distributions and other property and payments credited to the Escrow Account (less any property and/or funds paid in accordance with the Escrow Agreement).

Examples of Escrowed Property in a sentence

• Subject to Section 1.03(i), the covenants, agreements, representations, and warranties contained in or made pursuant to this Agreement shall survive the delivery by the Agent of the Escrowed Property, irrespective of any investigation made by or on behalf of any party.

• Disbursement of such Escrowed Property upon a claim of indemnity pursuant to the terms of the Underwriting Agreement shall be determined by an independent third-party intermediary (who shall have the requisite experience in determining indemnification claims) to be chosen by mutual written consent of the Company and the Representative.

• The monies so deposited, together with investment income therefrom, is herein referred to as the "Escrow Fund" and shall constitute a fund to be held by the Agent as a part of the Escrowed Property created, established, and governed by this Agreement.

• Upon delivery of such Escrowed Property to the successor escrow agent, the Escrow Agent shall have no further duties, responsibilities or obligations hereunder.

• The Escrow Agent may, in its sole discretion, withhold from any distribution of Excess Escrowed Property, if any, an amount equal to any unpaid fees and expenses to which the Escrow Agent is entitled hereunder and is hereby granted the right to set off and deduct any unpaid fees, non-reimbursed expenses and unsatisfied indemnification rights from Excess Escrowed Property, if any.

More Definitions of Escrowed Property

Escrowed Property has the meaning set forth in Section 2(a)(ii).

Escrowed Property means the gross proceeds of the offering of the Notes deposited in the Escrow Account pursuant to the Notes Escrow Agreement.

Escrowed Property means the funds to be held in escrow pursuant to the Escrow and Pledge Agreement.

Escrowed Property means the funds to be held in escrow pursuant to the Escrow Agreement.

Escrowed Property means the initial funds deposited in the relevant Escrow Account, and all other funds, securities, interest, dividends, distributions and other property and payments credited to such Escrow Account (less any property and/or funds paid in accordance with the relevant Notes Escrow Agreement).

Escrowed Property means the initial funds (being $500,000,000) deposited in the Escrow Account, and all other funds, securities, interest, dividends, distributions and other property and payments credited to the Escrow Account (less any property or funds paid in accordance with the Escrow Agreement).

Escrowed Property shall have the meaning set forth in the Escrow Agreement.