Put Escrow Receipt definition

Put Escrow Receipt. – means a receipt, in a form that is acceptable to the Corporation, issued by an Approved Depository certifying that it holds Cash in the amount of the Exercise Price of a put Option on behalf of a Clearing Member or a client thereof, in trust for the Corporation.
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Examples of Put Escrow Receipt in a sentence

  • Gold Options – gold certificates issued by organizations acceptable to the Corporation.2) For PUT OPTIONS Underlying Interest and Underlying Interest Equivalent shall mean: a) Cash deposited at the Corporation in the amount of the relevant Exercise Price,b) a Put Escrow Receipt issued by an Approved Depository in favour of the Corporation.

  • Gold Options – gold certificates issued by organizations acceptable to the Corporation.(2) For PUT OPTIONS Underlying Interest and Underlying Interest Equivalent shall mean: (a) Cash deposited at the Corporation in the amount of the relevant Exercise Price; (b) a Put Escrow Receipt issued by an Approved Depository in favour of the Corporation.

  • The Group suggested that as the franchise contract was with the DfT it was possible that Southern could seek a deferment of the commitment to gate Gatwick Station and the Gatwick Express platforms at Victoria until after the London Olympics, by which time a decision on Network Rail’s improvement scheme for Gatwick would also be known.

  • Gold Options – gold certificates issued by organizations acceptable to the Corpor- ation.(2) For PUT OPTIONS Underlying Interest and Underlying Interest Equivalent shall mean: (a) Cash deposited at the Corporation in the amount of the relevant Exercise Price, (b) a Put Escrow Receipt issued by an Approved Depository in favour of the Corporation.

Related to Put Escrow Receipt

  • Escrow Receipt Means the receipt substantially in the form annexed to the Escrow Agreement representing a fractional undivided interest in the funds held in escrow thereunder.

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

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

  • 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.

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

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

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Adjustment Escrow Amount means $1,000,000.

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

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

  • Escrow Release Date means the date of the Escrow Release.

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

  • 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.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • 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.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

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

  • Working Capital Escrow Amount means $2,000,000.

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

  • Earnest Money means the amount equal to 10% of Consideration as specified in the Application Form / Provisional Allotment Letter;

  • Escrow Cash is defined in Section 4.1(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 End Date has the meaning specified in the Escrow Agreement.

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.