Exxxxxx Money Escrow Agreement definition

Exxxxxx Money Escrow Agreement has the meaning set forth in Section 3.2(a).
Sample 1Sample 2
Exxxxxx Money Escrow Agreement means the escrow agreement between Seller, Purchaser and Escrow Agent.
Sample 1

Examples of Exxxxxx Money Escrow Agreement in a sentence

  • Prior to the execution and delivery of this Exxxxxx Money Escrow Agreement (“Escrow Agreement”), Seller and Purchaser executed and delivered a certain Agreement of Sale with an “Effective Date” of , 2006 (“Sale Agreement”).

  • Buyer and Seller are parties under a certain contract for the sale of certain real property known as _____________________________; and Whereas Buyer and Seller have requested Chicago Title Insurance Company to act as Escrow Agent to hold the exxxxxx money agreed to therein (hereafter “Deposit”), in accordance with the terms and provisions of this Exxxxxx Money Escrow Agreement.

  • If Purchaser terminates this Agreement pursuant to the Due Diligence Contingency in accordance with Article 4, the Exxxxxx Money shall be refunded to Purchaser in accordance with Section 3.2.4 and the Exxxxxx Money Escrow Agreement.

  • If Purchaser does not desire to terminate this Agreement pursuant to the Due Diligence Contingency, then Purchaser shall be obligated to deposit with Escrow Agent on the Business Day following the end of the Due Diligence Period an additional Two Million and 00/100 ($2,000,000.00) (the “Second Deposit”) to be held pursuant to the Exxxxxx Money Escrow Agreement and the Exxxxxx Money shall be non refundable to Purchaser, except as otherwise expressly provided in this Agreement.

  • Code enforcement has been a City Council priority, and recent results have been deemed satisfactory.

  • Within one (1) business day of the Effective Date, Purchaser shall deposit in escrow with the Title Company, the Deposit pursuant to the terms of the Exxxxxx Money Escrow Agreement set forth on attached and incorporated Exhibit “F”, which sum shall be held in accordance with the terms of this Agreement and applied to the Purchase Price at Closing if the transaction is consummated.

  • The Exxxxxx Money shall be invested in accordance with the Exxxxxx Money Escrow Agreement.

  • Purchaser shall on or before the Business Day following the Effective Date deposit the amount of Five Million and no/100 Dollars ($5,000,000.00) (the “First Deposit”) with Escrow Agent which is held in a strict joint order escrow as exxxxxx money pursuant to that certain Exxxxxx Money Escrow Agreement, dated as of September 6, 2006, among Seller, Purchaser and Escrow Agent in the form of Exhibit A (the “Exxxxxx Money Escrow Agreement”).

  • Xxxxx Title: President EXHIBIT A Exxxxxx Money Escrow Agreement Exxxxxx Money Escrow Agreement (this “Escrow Agreement”), dated as of June 17, 2005, by and between WestPoint Sxxxxxx Inc., a Delaware corporation, (the “Company”), WestPoint Sxxxxxx Inc.

  • All of the funds deposited with Escrowee hereunder shall be disbursed by Escrowee only in accordance with this Exxxxxx Money Escrow Agreement (this “Escrow Agreement”).

Related to Exxxxxx Money Escrow Agreement

  • 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.

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

  • 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.

  • 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.

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

  • Escrow Deposit shall have the meaning set forth in Section 2.2(a).

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

  • 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 Cash is defined in Section 4.1(a).

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

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

  • Indemnity Escrow Amount means $3,000,000.

  • Indemnification Escrow Amount has the meaning specified in Section 3.6(a).

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

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Escrow Fund has the meaning ascribed to it in Section 7.2(a).

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit B to be executed and delivered by the Borrower pursuant to Section 6.1.(a), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Adjustment Escrow Account means the escrow account established pursuant to the Escrow Agreement in respect of the Adjustment Escrow Amount.

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

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.