Xxxxxxx Money Escrow Account definition

Xxxxxxx Money Escrow Account shall have the meaning assigned thereto in Section 15.5(a).
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Xxxxxxx Money Escrow Account. Shall have the meaning given to it in Section 16.02.
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Xxxxxxx Money Escrow Account has the meaning assigned to that term in Section 3.1(a) of this Agreement.
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Examples of Xxxxxxx Money Escrow Account in a sentence

  • Escrow Company shall maintain records that accurately reflect all draw requests and withdrawals from the Xxxxxxx Money Escrow Account.

  • Interest on the funds held in the Xxxxxxx Money Escrow Account shall accrue to the account of EDC and/or CDC, in proportion to their relative contribution to the funding of the Xxxxxxx Money Funds Escrow Account, and shall be immediately released and paid to EDC and/or CDC, as applicable, at the time of the final disbursement of Xxxxxxx Money Funds from the Xxxxxxx Money Funds Escrow Account as set forth herein.


More Definitions of Xxxxxxx Money Escrow Account

Xxxxxxx Money Escrow Account. Shall have the meaning given to it in Section 16.02. Effective Date: or other similar phrases such as “date of this Agreement” or “date hereof”), shall mean the first date on which the Escrow Agent shall have acknowledged receipt of this Agreement fully executed by Seller and Purchaser.
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Related to Xxxxxxx Money Escrow Account

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

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Escrowed Proceeds means the proceeds from the offering of any debt securities or other Indebtedness paid into an escrow account with an independent escrow agent on the date of the applicable offering or Incurrence pursuant to escrow arrangements that permit the release of amounts on deposit in such escrow account upon satisfaction of certain conditions or the occurrence of certain events. The term “Escrowed Proceeds” shall include any interest earned on the amounts held in escrow.