Landlord Escrow definition

Landlord Escrow means the $1,975,000 deposited into escrow by ICC on account of the Landlord Claim. The Landlord Escrow is governed exclusively by the ICC-Landlord Settlement Agreement.
Landlord Escrow means the $1,900,000 deposited into escrow by ICC on account of the Landlord Claim.

Examples of Landlord Escrow in a sentence

  • The Monogram Rent Security Escrow Service may be used to enable Client, as Landlord Escrow, to establish separate Sub-Accounts for the Tenants occupying each individual unit or apartment to be used for holding security deposits.

  • Tenant shall have no right to object to the deduction of the Expiration Deposit (or any Expiration Payment) from the Landlord Escrow by Landlord.

  • UnlessTenant shall contest the validity or propriety of Landlord'snotice by delivery of written notice to Escrow Agent within 10days after Escrow Agent's receipt of instructions to release theSecurity Deposit to Landlord, Escrow Agent shall be deemedauthorized and directed to deliver the Security Deposit toLandlord, to deliver all other funds to Tenant, and theGuarantees to Guarantor.

  • From time to time, upon receipt of a written authorization (“Authorization”) signed by Landlord, Escrow Agent shall, within five (5) business days after receipt of such Authorization, disburse from the Deposit the amount specified in the Authorization to Landlord, subject to the terms of this Lease.

  • Please email Elizabeth Wagner for additional information on this group.

  • The Expiration Deposit shall be earned by Landlord, and deducted from the Landlord Escrow, as of the sooner to occur of: (i) a Bankruptcy Event (as hereinafter defined); (ii) a Default Event (as hereinafter defined); (iii) an Acceleration Event (as hereinafter defined); or (iv) as to the applicable Expiration Payment, the Early Expiration Date applicable to an Additional Termination Area if Tenant fails to timely deliver a Lease Affirmation Notice.

  • Upon delivering the Remaining Escrow Funds to Landlord, Escrow Agent shall thereupon be relieved of and discharged and released from any and all liability hereunder.

  • The amounts held in the GECC Escrow, Equipment Vendor Escrow, KERP Escrow, Purchase Price Adjustment Escrow and Landlord Escrow, Class 10 Pool Escrow, ICC Release Escrow and Convenience Escrow shall be released and distributed so that the distributions required to be made to the holders of Claims in Class 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10 of this Plan can be made.

  • If Escrow Holder receives a demand objection from Landlord, Escrow Holder shall promptly send a copy thereof to Tenant.

  • Landlord shall, prior to the commencement of construction of the Premises Improvements, establish an escrow ("Construction Escrow") with itself or a title company satisfactory to Landlord ("Escrow Agent").

Related to Landlord Escrow

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Sublessor means one who conveys real property by sublease."

  • Landlord Consent and Estoppel means, with respect to any Leasehold Property, a letter, certificate or other instrument in writing from the lessor under the related lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord Consent and Estoppel to be in form and substance acceptable to Collateral Agent in its reasonable discretion, but in any event sufficient for Collateral Agent to obtain a Title Policy with respect to such Mortgage.

  • Tenant’s Property means Tenant's movable fixtures and movable partitions, telephone and other equipment, furniture, furnishings, decorations and other items of personal property.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • Tenant Deposits means all security deposits, prepaid rentals, cleaning fees and other refundable deposits and fees collected from Tenants, plus any interest accrued thereon, paid by Tenants to Seller pursuant to the Leases. Tenant Deposits shall not include any non-refundable deposits or fees paid by Tenants to Seller, either pursuant to the Leases or otherwise.

  • Tenant means any Person leasing, subleasing or otherwise occupying any portion of the Property under a Lease or other occupancy agreement.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by Collateral Agent.

  • Off-premises sign means a sign directing attention to a use, product, commodity or service not related to the premises upon which the sign is located.

  • Landlord Parties means Landlord and Property Manager and their respective officers, directors, partners, shareholders, members and employees.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Landlords means anyone owning an interest in the Property, whether freehold or leasehold, entitling them to possession of it upon the termination or expiry of the Tenancy and anyone who subsequently owns the Property.

  • the Landlord includes the person for the time being entitled to the reversion immediately expectant on the determination of the Term;

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

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • 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.

  • Landlord Liens means liens on or against the Leased Property or any payment of Rent (a) which result from any act of, or any claim against, Landlord or any owner (other than Tenant) of a direct or indirect interest in the Leased Property, or which result from any violation by Landlord of any terms of this Agreement or the Purchase Agreement, or (b) which result from liens in favor of any taxing authority by reason of any tax owed by Landlord or any fee owner of a direct or indirect interest in the Leased Property; provided, however, that "Landlord Lien" shall not include any lien resulting from any tax for which Tenant is obligated to pay or indemnify Landlord against until such time as Tenant shall have already paid to or on behalf of Landlord the tax or the required indemnity with respect to the same.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.