Tax Escrow Fund definition

Tax Escrow Fund shall have the meaning assigned to such term in Section 7.2 hereof.
Tax Escrow Fund means the Tax Escrow Amount deposited with the Escrow Agent in the Tax Escrow Account, as such sum may increase or decrease from time to time as provided in this Agreement and the Escrow Agreement.
Tax Escrow Fund shall have the meaning set forth in Section 16.3.1 hereof.

Examples of Tax Escrow Fund in a sentence

  • The Escrow Agent shall hold the Tax Escrow Fund and all interest and other amounts earned thereon in escrow pursuant to the Escrow Agreement.

  • The Tax Escrow Fund shall be distributed in accordance with this Section 2.16 and the terms of the Escrow Agreement.

  • From and after the occurrence of an --------------- Event of Default, at the option and upon the request of the Mortgagee, the Mortgagor shall deposit with the Mortgagee in an account maintained by the Mortgagee (the "Tax Escrow Fund"), on the first day of each month, an amount --------------- estimated by the Mortgagee to be equal to one-twelfth of the annual real property taxes and other annual Charges required to be discharged by the Mortgagor under Section 7.1 hereof.

  • Insurance and Tax Escrow Fund (for required insurance and any applicable annual real estate taxes) as provided for in the Annual Budget.

  • If the Bulk Sale Section or the Director fails to timely respond as required by law, then there shall be no Tax Escrow Fund.


More Definitions of Tax Escrow Fund

Tax Escrow Fund means the Tax Escrow Amount (plus any interest, dividends or other earnings paid on such Tax Escrow Amount and earnings thereon) in accordance with the Escrow Agreement.
Tax Escrow Fund means the escrow fund pursuant to which the Tax Escrow Amount shall be maintained for the purposes of satisfying certain claims brought pursuant to Section 11.2(b) of the Agreement.
Tax Escrow Fund. As defined in Section 15.1(l).
Tax Escrow Fund has the meaning set forth in Section 2.9(a).
Tax Escrow Fund means the Resale Tax Escrow Fund and the Retail Tax Escrow Fund.
Tax Escrow Fund has the meaning given to it in Section 12.1(1) of this Charge;
Tax Escrow Fund shall have the meaning set forth in Section 7.2 hereof.