PLC Trust Account definition

PLC Trust Account means the trust account established pursuant to the Cover Trust Agreement. “PRL” has the meaning set forth in the preamble.
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PLC Trust Account means the trust account established pursuant to the Cover Trust Agreement.
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Examples of PLC Trust Account in a sentence

  • The method of payment shall be as follows: $ (BUYERS’ initials ; SELLER’S initials ) (minimum of 10% of Purchase Price required) down payment with this offer, to be deposited and held in trust by ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ PLC Trust Account as ▇▇▇▇▇▇▇ money and delivered to the SELLER at closing, and the balance of the Purchase Price, in cash or equally available funds at Closing.

  • On the Phase 1 Closing Date, Buyer shall transfer Permitted Investments (as defined in the Cover Trust Agreement) in an amount equal to $62,096,497 to the PLC Trust Account.

  • On the Phase 2 Closing Date, Buyer shall transfer Permitted Investments (as defined in the Cover Trust Agreement) in an amount equal to the Phase 2 Cover Trust Amount to the PLC Trust Account.

  • The method of payment shall be as follows: $ (BUYERS’ initials ; SELLERS’ initials ) down payment with this offer (minimum 10% of Purchase Price), to be deposited and held in trust by ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ PLC Trust Account as ▇▇▇▇▇▇▇ money and delivered to the SELLERS at closing, and the balance of the Purchase Price, in cash or equally available funds at Closing.