Examples of Required Escrow Amount in a sentence
If on any date the amount in a Partner’s sub-account in the Escrow Account exceeds the Required Escrow Amount with respect to such Partner, then the amount of such excess shall be released by the escrow agent to the Noteholder.
The General Partner shall not place any UST Warrant Proceeds in respect of a Partner in such Partner’s sub-account in the Escrow Account to the extent that the amount in such sub-account is equal to or exceeds the Required Escrow Amount with respect to such Partner.
The Grantor shall deliver to the Escrow Agent the Required Escrow Amount of $[insert dollars] at least [insert number (#)] calendar days prior to [insert date].2.
Within [insert number (#)] business days of receipt of the Required Escrow Amount or additional funds pursuant to Paragraph 3 below, the Escrow Agent shall place the Required Escrow Amount in an interest bearing account (the “Escrow Account”) at the “Financial Institution ”, [insert name of financial institution] located at [insert city, state].
Likewise, the right to recovery for any indemnification claim under any section of this Article VIII, including any recovery for Adverse Consequences, attorney fees, costs and expenses, shall be limited to the Minimum Required Escrow Amount at the date the claim for indemnification is made.
Within [insert number (#)] business days of receipt of the Required Escrow Amount or additional funds pursuant to Paragraph 3 below, the Escrow Agent shall place theRequired Escrow Amount in an interest bearing account (the “Escrow Account”) at the “Depository Bank”, [insert name of institution bank] located at [insert city, state].
Within two (2) business days of receipt of the Required Escrow Amount or additional funds pursuant to Paragraph 3 below, the Escrow Agent shall place the Required Escrow Amount in an interest bearing account (“Escrow Account”) at Name of Institution/Bank located at , Massachusetts (“Depository Bank”).
The Grantor shall deliver to the Escrow Agent the Required Escrow Amount of $[insert dollars] at least [insert number (#)] calendar days prior to [insert date].
Permittee shall deliver to the Escrow Agent, a third-party acting in a fiduciary capacity, the Required Escrow Amount of $ at least thirty (30) calendar days prior to .
Within two (2) business days of receipt of the Required Escrow Amount or additional funds pursuant to Paragraph 3 below, the Escrow Agent shall place the Required Escrow Amount in an interest bearing account (“Escrow Account”) at Name of Institution/Bank located at , Massachusetts (“Depository Bank”).