New Monies definition
New Monies means funds not already held in any form of Instant Access Account or Fixed Term Deposit with the Bank as of the Offer Date;
Escrow Accounts means the ‘no-lien’ and ‘non-interest bearing’ account(s) opened with Escrow Collection Bank and in whose favour the Anchor Investors will transfer money through direct credit or NEFT or RTGS or NACH in respect of the Bid Amount when submitting a Bid;
Escrowed Proceeds shall include any interest earned on the amounts held in escrow.
Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).
Escrow Deposit has the meaning set forth in Section 2.1.
Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.